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Iron & Steel Casting in Malta - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

MT-C2431 August 2024 Factsheet

Revenue

€17.9m

2019-2024 1.2 %
2024-2029 X.X %

Employees

3

2019-2024 0.0 %
2024-2029 X.X %

Businesses

3

2019-2024 0.0 %
2024-2029 X.X %

Wages

€XX,XXX.X

2019-2024 X.X %
2024-2029 X.X %

Iron & Steel Casting in Malta market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Malta compared to Europe?

Country Benchmarking

Industry Data Malta

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#30 In Europe
Business
#28 In Europe
Employees
#34 In Europe
Wages
#34 In Europe

The Iron & Steel Casting in Malta ranks 30 in Europe with regards to its 2024 revenue (€17.9m). Revenue received by operators in Malta has been low in volatility over the past five-year period, with the average annual change in revenue (1.2 %) most comparable to...

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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 Iron & Steel Casting industry in Malta in 2024?

The market size of the Iron & Steel Casting industry in Malta is €17.9m in 2024.

How many businesses are there in the Iron & Steel Casting in Malta industry in 2024?

There are 3 businesses in the Iron & Steel Casting industry in Malta, which has declined at a CAGR of 0.0 % between 2019 and 2024.

Has the Iron & Steel Casting industry in Malta grown or declined over the past 5 years?

The market size of the Iron & Steel Casting industry in Malta has been growing at a CAGR of 1.2 % between 2019 and 2024.

What is the forecast growth of the Iron & Steel Casting industry in Malta over the next 5 years?

Over the next five years, the Iron & Steel Casting industry in Malta is expected to grow.

What does the Iron & Steel Casting in Malta include?

Steel castings for machinery and mechanical appliances and Steel castings for locomotives and rolling stock are part of the Iron & Steel Casting industry.

How competitive is the Iron & Steel Casting industry in Malta?

The level of competition is moderate and steady in the Iron & Steel Casting industry in Malta.

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Table of Contents

About this industry

Industry definition

Iron and steel casters operate foundries that produce iron or steel products. The production process involves pouring molten iron or steel into moulds to create products of various shapes and sizes, including tubes, pipes and related fittings.

What's included in this industry?

Steel castings for machinery and mechanical appliancesSteel castings for locomotives and rolling stock Steel and iron tube and pipe fittingsSteel castings for land vehicles Grey iron castings Ductile iron castings Malleable iron castings

Industry Code

ISIC 2006

2431 - Casting of iron and steel in Malta

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • 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 Iron & Steel Casting in Malta
  • Employees in the Iron & Steel Casting in Malta
  • Business in the Iron & Steel Casting in Malta
  • Profit in the Iron & Steel Casting in Malta

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

European iron and steel casters come up against stringent regulations. European laws necessitate the reduction of carbon emissions and energy usage, enforce anti-dumping duties and promote fair competition.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Iron & Steel Casting in Malta industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Rising energy costs damage profit. Russia’s invasion of Ukraine drove a huge surge in energy prices, pushing up casters’ costs and eating into their returns. It also cut into demand for iron and steel commodities, further limiting profit.

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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 Iron & Steel Casting in Malta 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?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

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. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.