Industry Statistics and Rankings
How does this industry perform in Iceland compared to Europe?
Country Benchmarking
Industry Data Iceland
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#28 In EuropeBusiness
#29 In EuropeEmployees
#31 In EuropeWages
#29 In EuropeThe Non-Ferrous Metal Casting in Iceland ranks 28 in Europe with regards to its 2024 revenue (€3.2m). Revenue received by operators in Iceland has been moderate in volatility over the past five-year period, with the average annual change in revenue (1.6 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Non-Ferrous Metal Casting industry in Iceland in 2024?
The market size of the Non-Ferrous Metal Casting industry in Iceland is €3.2m in 2024.
How many businesses are there in the Non-Ferrous Metal Casting in Iceland industry in 2024?
There are 1 businesses in the Non-Ferrous Metal Casting industry in Iceland, which has declined at a CAGR of 0.0 % between 2019 and 2024.
Has the Non-Ferrous Metal Casting industry in Iceland grown or declined over the past 5 years?
The market size of the Non-Ferrous Metal Casting industry in Iceland has been declining at a CAGR of 0.0 % between 2019 and 2024.
What is the forecast growth of the Non-Ferrous Metal Casting industry in Iceland over the next 5 years?
Over the next five years, the Non-Ferrous Metal Casting industry in Iceland is expected to decline.
What are the biggest companies in the Non-Ferrous Metal Casting market in Iceland?
The biggest companies operating in the Non-Ferrous Metal Casting market in Iceland are KME Germany GmbH, NEMAK, S.A.B. DE C.V. and Georg Fischer AG
What does the Non-Ferrous Metal Casting in Iceland include?
Magnesium casting and Copper casting are part of the Non-Ferrous Metal Casting industry.
Which companies have the highest market share in the Non-Ferrous Metal Casting in Iceland?
The company holding the most market share in Iceland is KME Germany GmbH.
How competitive is the Non-Ferrous Metal Casting industry in Iceland?
The level of competition is moderate and steady in the Non-Ferrous Metal Casting industry in Iceland.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Iron & Steel Casting in Iceland
Table of Contents
About this industry
Industry definition
The process of non-ferrous metal casting involves pouring molten metals, excluding iron and its alloys, into moulds to shape materials. Aluminium, magnesium, zinc and copper are prime examples of non-ferrous metals commonly used in this procedure.
What's included in this industry?
Magnesium castingCopper castingZinc castingAluminum castingOther Non-Ferrous CastingsIndustry Code
2432 - Casting of non-ferrous metals in Iceland
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Non-Ferrous Metal Casting in Iceland
- Employees in the Non-Ferrous Metal Casting in Iceland
- Business in the Non-Ferrous Metal Casting in Iceland
- Profit in the Non-Ferrous Metal Casting in Iceland
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Europe’s Non-Ferrous Metal Casting industry is subject to stringent regulations. European laws dictate the reduction of carbon emissions and energy usage, enforce anti-dumping duties and promote fair competition.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Non-Ferrous Metal Casting in Iceland industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Rising energy prices have driven up costs for metal casting firms. Despite efficiency from automation, the Russian invasion of Ukraine and fluctuating consumer confidence have led to reduced commodity demand and lower profit.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Non-Ferrous Metal Casting in Iceland industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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