The AFS publishes this comprehensive industry report twice a year. It is considered an indispensable tool for understanding the North American metalcasting market and serves as a foundation for strategic business decisions. The report is distributed free of charge to the 1,075 corporate members of the AFS. It is available to non-members for $1,000 and to individual members for $750.
In its current semi-annual forecast, the AFS anticipates moderate growth in casting sales of 1.9 percent for 2025. CEO Doug Kurkul commented:
“After several years of strong growth, 2024 turned out to be an unusually weak year. Sales across many foundries either stagnated or declined slightly. For 2025, we forecast an overall increase in casting sales of 1.9 percent—though this figure masks significant differences among foundries. While some are experiencing solid demand, others are facing a sharp drop in orders. Looking ahead to 2026 through 2029, we expect faster revenue growth as tax, trade, and regulatory policies become more stable. A major step in this direction is the passage of the tax relief legislation supported by AFS in July 2025.”
Kurkul also emphasized that operating costs for foundries rose sharply in 2021 and 2022 due to historically high inflation in the U.S.: “Our current analysis shows that costs are now returning to historical levels. According to the latest government data, the producer price index for the foundry industry stood at 2.2 percent for the 2023 to 2024 period.”
Future investments planned
Another positive indicator is that the majority of foundries continue to invest in their future: “More than 90 percent of facilities plan investments in modernization, automation, or expansion for 2025.”
The report includes detailed statistics, key business indicators, and forecasts for the metalcasting industry. It is based on official data, a comprehensive AFS member survey, and discussions with leading industry representatives. Every effort has been made to ensure the accuracy of the information provided. However, unforeseen economic or political developments may influence the forecasts.
For questions regarding the report, please contact Ben Yates at byates@afsinc.org.
