United Kingdom: Market for Articles Of Non-Malleable Cast Iron 2025

Market Size for Articles Of Non-Malleable Cast Iron in the UK

In 2022, the UK non-malleable cast iron articles market was finally on the rise to reach $X after five years of decline. Over the period under review, consumption, however, continues to indicate a pronounced slump. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Articles Of Non-Malleable Cast Iron in the UK

In value terms, non-malleable cast iron articles production contracted to $X in 2022 estimated in export price. Overall, production showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 7.8%. Non-malleable cast iron articles production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Articles Of Non-Malleable Cast Iron

Exports from the UK

In 2022, shipments abroad of articles of non-malleable cast iron increased by 11% to X tons, rising for the second year in a row after two years of decline. Overall, exports saw a notable expansion. The growth pace was the most rapid in 2021 with an increase of 154%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, non-malleable cast iron articles exports rose to $X in 2022. In general, exports, however, continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2021 when exports increased by 102%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of non-malleable cast iron articles exports from the UK, with a combined 70% share of total exports. Italy, the Czech Republic, Ireland, the United States, Denmark, Spain, the United Arab Emirates and Qatar lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +16.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-malleable cast iron articles exported from the UK were France ($X), Germany ($X) and the Netherlands ($X), together comprising 63% of total exports. The Czech Republic, Italy, the United States, Ireland, Denmark, Spain, the United Arab Emirates and Qatar lagged somewhat behind, together accounting for a further 25%.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +19.0%, saw 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

In 2022, the average non-malleable cast iron articles export price amounted to $X per ton, reducing by -8.3% against the previous year. In general, the export price showed a noticeable descent. The growth pace was the most rapid in 2018 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Non-Malleable Cast Iron

Imports into the UK

In 2022, overseas purchases of articles of non-malleable cast iron increased by 21% to X tons, rising for the second year in a row after three years of decline. In general, imports, however, recorded a perceptible decline. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, non-malleable cast iron articles imports skyrocketed to $X in 2022. Overall, imports, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 47%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of non-malleable cast iron articles to the UK, accounting for a 55% share of total imports. Moreover, non-malleable cast iron articles imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. India (X tons) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.4% per year) and India (-7.5% per year).

In value terms, China ($X) constituted the largest supplier of articles of non-malleable cast iron to the UK, comprising 41% of total imports. The second position in the ranking was held by Germany ($X), with a 20% share of total imports. It was followed by India, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.6% per year) and India (-2.8% per year).

Import Prices by Country

In 2022, the average non-malleable cast iron articles import price amounted to $X per ton, with an increase of 6.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2021 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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