The European sold production of welded tubes and pipes with an external diameter over 406.4 mm of steel in 2023 showed notable disparities across countries. Spain led with a significant increase of 57.12%, reaching 198.58 million kilograms, followed by substantial growth in Italy (20.05%) and the UK (27.26%). Conversely, Germany experienced a notable decline of 14.43%, while France saw a slight decrease of 1.18%. Increases were also recorded in Finland, Poland, Denmark, and Hungary, indicating varying levels of growth across Europe. The last five years saw a range of compound annual growth rates (CAGR), illustrating diverse long-term trends in the sector.
Future trends to watch include the impact of European Union regulations on production standards and environmental concerns, which could influence production techniques and costs. Additionally, the geopolitical landscape and supply chain disruptions may affect import-export dynamics and demand in the region. Companies might increasingly invest in technology to improve efficiency and adapt to changing market needs.
Top countries in Sold Production of Tubes and Pipes, Welded, of an External Diameter More than 406,4 mm of Steel by Country
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 198,580,000 | 2023 | +24.59% | +57.12% | View data |
| 2 | 2 Italy | 115,740,000 | 2023 | +21.12% | +20.05% | View data |
| 3 | 3 Germany | 92,375,000 | 2023 | -21.94% | -14.43% | View data |
| 4 | 4 Finland | 62,101,000 | 2023 | +9.9% | +2.3% | View data |
| 5 | 5 Poland | 51,383,000 | 2023 | +1.87% | +5.11% | View data |
| 6 | 6 United Kingdom | 48,154,000 | 2023 | +4.48% | +27.26% | View data |
| 7 | 7 Denmark | 1,955,900 | 2023 | -5.89% | +8.35% | View data |
| 8 | 8 France | 809,990 | 2023 | +25.33% | -1.18% | View data |
| 9 | 9 Hungary | 156,180 | 2023 | +4.54% | +6.41% | View data |
