IDEAS home Printed from https://ideas.repec.org/a/ces/ifosdt/v63y2010i01p12-22.html
   My bibliography  Save this article

Outlook for the foundry industry - update of the Guss 2020 forecast

Author

Listed:
  • Hans-Günther Vieweg
  • Christian Wanninger

Abstract

In recent years the German foundry industry has profited disproportionately from global growth and has taken market shares from its competitors in Europe. The global financial and economic crisis hit the industry hard, with production likely declining by 35% in 2009. New orders from important customer areas are now recovering. The utilisation of industry capacities at a current 60-65% is very low, and the firms are in an economically difficult situation. An increase in production in 2010 will not suffice to increase profits fundamentally. Not until the following years of an economic recovery will the firms expand, enlarge their market shares internationally and with high capacity utilisation regain their profitability.

Suggested Citation

  • Hans-Günther Vieweg & Christian Wanninger, 2010. "Outlook for the foundry industry - update of the Guss 2020 forecast," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 63(01), pages 12-22, January.
    • Handle: RePEc:ces:ifosdt:v:63:y:2010:i:01:p:12-22
    as

    Download full text from publisher

    File URL: https://www.ifo.de/DocDL/ifosd_2010_1_2.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fandl, Robert Christian & Held, Tobias & Kersten, Wolfgang, 2014. "Early Supplier Integration in Cast Product Development Partnerships – A Multiple Case Study of Environmental and Cost Effects in the German Foundry Value Chain," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Blecker, Thorsten & Ringle, Christian M. (ed.), Next Generation Supply Chains: Trends and Opportunities. Proceedings of the Hamburg International Conference of Logistics (HICL), Vol. 18, volume 18, pages 289-309, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.

    More about this item

    JEL classification:

    • L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ifosdt:v:63:y:2010:i:01:p:12-22. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/ifooode.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.