The EFF Report 2024 provides the most comprehensive statistical overview of the European foundry industry. Based on detailed data supplied by the national member associations and complemented by additional information from other European countries, it delivers an authoritative assessment of the sector’s structure, performance, and development.
The year 2024 proved to be one of the most challenging in decades. Following a cautiously optimistic start, the industry experienced a broad-based downturn. Iron castings production declined significantly, while non-ferrous castings also weakened. Employment levels and capacity utilization decreased over the course of the year, reflecting sustained pressure on operations.
This development unfolded in a complex macroeconomic environment characterized by subdued industrial activity in Europe, tight financing conditions, increasing regulatory requirements, and intensified global competition driven by structural overcapacities—particularly in Asia. Demand declined quarter by quarter, leaving many foundries operating at or below sustainable levels by year-end.
The figures presented in this report reflect not only cyclical contraction but also deeper structural challenges facing Europe’s industrial base. At the same time, the foundry sector remains strategically indispensable to European value chains—from mobility and renewable energy to infrastructure, defense, and industrial machinery.
The EFF Report 2024 provides industry leaders and policymakers with a robust evidence base to assess market dynamics, evaluate risks, and define strategic priorities for competitiveness, resilience, and sustainable transformation. Despite certain data limitations, it remains the authoritative statistical reference for the European foundry industry.
