The casting of steel market in Slovakia exhibited fluctuations in volume over the past decade, reaching 2.5119 million kilograms in 2023. Noteworthy trends emerged, with significant growth peaks in 2016 and 2021, contrasted by declines in 2015 and 2020. The market's resilience is evident with consistent volume gains from 2020 to 2023. An average annual growth rate (CAGR) of 2.22% over the last five years highlights moderate expansion.
Future trends to watch:
- Potential impacts of global economic changes on steel demand.
- Technological advancements improving production efficiency.
- Environmental regulations influencing manufacturing processes.
How does Slovakia rank in Casting of Steel Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 100,790,000 | 2023 | -0.12% | +0.2% | View data |
| 2 | 2 Spain | 80,018,000 | 2023 | +2.09% | +1.5% | View data |
| 3 | 3 Italy | 77,311,000 | 2023 | -1.52% | -2.69% | View data |
| 4 | 4 France | 52,605,000 | 2023 | -2.33% | -2.8% | View data |
| 5 | 5 Czech Republic | 33,254,000 | 2023 | -3.83% | -3.95% | View data |
| 9 | 9 Romania | 5,010,000 | 2023 | -8.65% | -8.39% | View data |
| 10 | 10 Portugal | 4,857,800 | 2023 | -0.52% | -0.81% | View data |
| 11 | 11 Slovakia | 2,511,900 | 2023 | +1.87% | +2.22% | |
| 12 | 12 Hungary | 1,262,600 | 2023 | -0.68% | -0.96% | View data |
| 13 | 13 Denmark | 1,179,700 | 2023 | -1.81% | -1.9% | View data |
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