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Ferrous Metal Foundry Products in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM33151

Ferrous Metal Foundry Products in New Mexico industry analysis

The Ferrous Metal Foundry Products industry in New Mexico is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has decreased an annualized -x.x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to decline -x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to decrease an annualized -x.x% to xx workers, while industry wages are forecast to decrease -x% to $x.x thousand.

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About the Ferrous Metal Foundry Products in New Mexico Market Research Report

What’s Included in the Ferrous Metal Foundry Products in New Mexico Market Research Report

Definition of the Ferrous Metal Foundry Products in New Mexico?

Companies in this industry pour molten iron and steel into molds of a desired shape to make castings. Companies purchase ferrous metal inputs from iron and steel manufacturers. The industry does not include companies that cast iron and steel they manufacture themselves.

What’s included in the Ferrous Metal Foundry Products in New Mexico?

The Ferrous Metal Foundry Products in New Mexico includes manufacturing iron castings, manufacturing steel castings and manufacturing finished iron products. Related terms covered in the Ferrous Metal Foundry Products in New Mexico industry report includes metal that contains iron, the process of pouring molten metal into a mold, permitting it to cool and removing it to produce a metal shape, the buildings and works for casting metals, iron with a high carbon content and relatively low tensile strength that is prone to fracture, iron that has been made more flexible by the addition of magnesium, a metal other than iron and steel and semiprocessed metal shapes that usually require further shaping, such as cold- and hot-working, cutting or milling, to produce a useful final product.

Industry Performance of the Ferrous Metal Foundry Products industry in New Mexico

Benchmark the Ferrous Metal Foundry Products in New Mexico industry performance with all NM county and national performance.

Ferrous Metal Foundry Products in New Mexico

#48 in Highest Revenue 0% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Ferrous Metal Foundry Products in the US


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Ferrous Metal Foundry Products industry in New Mexico

See how key industry drivers, such as population, per capita disposable income, median houshold income, world price of iron ore, industrial production index and new car sales are impacting Ferrous Metal Foundry Products in New Mexico

New Mexico Economic Indicators

Population
Per Capita Disposable Income
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

World price of iron ore
Industrial production index
New car sales

For the full list of industry drivers, see report purchase options.

County Data of the Ferrous Metal Foundry Products industry in New Mexico

Access proprietary data on county in the Ferrous Metal Foundry Products in New Mexico, such as Eddy County, Dona Ana County and Bernalillo County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Ferrous Metal Foundry Products industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Ferrous Metal Foundry Products industry in New Mexico in 2025?

The market size of the Ferrous Metal Foundry Products industry in New Mexico is $4.2m in 2025.

How many businesses are there in the Ferrous Metal Foundry Products industry in New Mexico in 2025?

There are 1 businesses in the Ferrous Metal Foundry Products industry in New Mexico, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Ferrous Metal Foundry Products industry in New Mexico grown or declined over the past 5 years?

The market size of the Ferrous Metal Foundry Products industry in New Mexico has been declining at an average annual rate of -8.8% from 2020 to 2025.

How many employees in the Ferrous Metal Foundry Products industry in New Mexico in 2025?

There are 27 employees in the Ferrous Metal Foundry Products industry in New Mexico, which has been declining at an average annual rate of -6.1% from 2020 to 2025.