B2B drives market demand, with B2B spending representing 99.5% of total demand in 2022. The UK has the sixth largest market size for casting of metals regionally, with demand reaching USD2.2 billion in 2022. Precision Castparts Corp is the largest company in the UK, generating 13.1% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 31.6% of total production value in 2022. The total number of companies increases in 2022, to 1,166 units. The costs of the industry decrease by 0.6% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 10.5% of production value in 2022, the sixth highest regionally. With production value of USD1.8 billion, the UK accounts for 4.4% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Casting of Metals in the United Kingdom: ISIC 273. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Casting of Metals in the United Kingdom: ISIC 273 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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