Europe: Market for Articles Of Non-Malleable Cast Iron 2025

Market Size for Articles Of Non-Malleable Cast Iron in Europe

In 2022, the Europe non-malleable cast iron articles market increased by 10% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Production of Articles Of Non-Malleable Cast Iron in Europe

In value terms, non-malleable cast iron articles production rose significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. The level of production peaked in 2022 and is expected to retain growth in years to come.

Exports of Articles Of Non-Malleable Cast Iron

Exports in Europe

In 2022, the amount of articles of non-malleable cast iron exported in Europe shrank to X tons, reducing by -8.1% against the previous year's figure. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, non-malleable cast iron articles exports declined to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 51%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, France (X tons), distantly followed by the Czech Republic (X tons), Germany (X tons), Poland (X tons), Denmark (X tons), Spain (X tons) and the UK (X tons) represented the major exporters of articles of non-malleable cast iron, together constituting 80% of total exports. Belgium (X tons), Italy (X tons), Belarus (X tons), Norway (X tons) and Austria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +20.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Czech Republic ($X) constituted the countries with the highest levels of exports in 2022, together comprising 47% of total exports.

Among the main exporting countries, France, with a CAGR of +19.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, rising by 7.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 8.5%. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.7%), while the other leaders experienced more modest paces of growth.

Imports of Articles Of Non-Malleable Cast Iron

Imports in Europe

In 2022, the amount of articles of non-malleable cast iron imported in Europe fell modestly to X tons, which is down by -2.9% compared with the previous year's figure. In general, imports saw a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 17%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, non-malleable cast iron articles imports expanded remarkably to $X in 2022. Over the period under review, imports recorded a mild reduction. The pace of growth was the most pronounced in 2021 with an increase of 28%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons) and Italy (X tons) represented the largest importers of articles of non-malleable cast iron in 2022, accounting for near 17% and 14% of total imports, respectively. It was distantly followed by Russia (X tons), France (X tons), the Czech Republic (X tons), Austria (X tons) and the UK (X tons), together comprising a 38% share of total imports. The following importers - Switzerland (X tons), Poland (X tons), the Netherlands (X tons), Denmark (X tons), Spain (X tons) and Sweden (X tons) - together made up 18% of total imports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +5.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 41% of total imports. Austria, the Czech Republic, the UK, the Netherlands, Switzerland, Russia, Sweden, Denmark, Poland and Spain lagged somewhat behind, together accounting for a further 44%.

Austria, with a CAGR of +5.2%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, with an increase of 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 when the import price increased by 12% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform