In 2024, Germany leads European sold production of cold-formed sections from flat stainless steel products, with a significant share of 51.59%. Italy follows with 34.7%, and France comes in third with 18.34%. Between 2022 and 2023, most countries experienced changes: Germany and Italy saw moderate increases of 4.32% and 4.71% respectively. France had a notable jump of 31.63%, while the UK and Finland declined by 5.4% and 24.18%. Serbia saw the highest growth at 38.61%, while Croatia slightly contracted by 1.92%.
Future trends to observe include shifts in production capabilities across Germany and Italy, given their substantial market shares. The rapid growth in Serbia's production suggests potential increased competitiveness, while declines in the UK and Finland might indicate challenges in maintaining production levels. Watch for technological advancements and policy changes affecting the broader European manufacturing sector, which may influence these trends.
Top countries in Sold Production of Cold-Formed Sections, Obtained from Flat Products, of Stainless Steel Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 51.59 | 2023 | +3.04% | +4.32% | View data |
| 2 | 2 Italy | 34.7 | 2023 | +10% | +4.71% | View data |
| 3 | 3 France | 18.34 | 2023 | +13.22% | +31.63% | View data |
| 4 | 4 Sweden | 7.17 | 2021 | +15.26% | View data | |
| 5 | 5 United Kingdom | 1.06 | 2023 | -0.39% | -5.4% | View data |
| 6 | 6 Denmark | 0.65 | 2023 | +7.01% | +8.12% | View data |
| 7 | 7 Finland | 0.5 | 2023 | +9.1% | -24.18% | View data |
| 8 | 8 Croatia | 0.18 | 2023 | -1.09% | -1.92% | View data |
| 9 | 9 Serbia | 0.1 | 2023 | -8.84% | +38.61% | View data |
