In 2023, Italy led the European export of thin-walled square or rectangular welded steel tubes and pipes, holding a 36.92% share despite a decline of approximately 15.78%. Portugal and Bulgaria also had notable shares, showcasing year-on-year growth of 10.41% and 6.1%, respectively. Significant growth was seen in Belgium with a rate of 12.25%, while Austria experienced a minor decline of 3.39%. Notable reductions were seen in the United Kingdom and Sweden, with decreases of 7.71% and 22.83%, respectively. Noteworthy, Spain and Greece reported no exports, indicating a complete halt compared to previous figures.
Looking ahead, growth opportunities could arise from expanding trade agreements within Europe and increasing demand driven by construction and manufacturing sectors. Attention should be paid to economic stability in major exporting countries and advancements in production technology, which could further shape export dynamics. Environmental regulations and sustainability trends in the steel industry may additionally impact future trade flows and competitive positioning among European exporters. Monitoring these elements will be pivotal in predicting shifts in market dynamics and export shares.
Top countries in Export of Tubes and Pipes, of Square or Rectangular Cross-Section, of a Wall Thickness Less than 2 Mm, Hot- or Cold-Formed and Welded of Steel Other than Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 36.92 | 2023 | -0.057% | -15.78% | View data |
| 2 | 2 Portugal | 18.48 | 2023 | +4.69% | +10.41% | View data |
| 3 | 3 Bulgaria | 8.81 | 2023 | +3.87% | +6.1% | View data |
| 4 | 4 Belgium | 5.6 | 2023 | +10.81% | +12.25% | View data |
| 5 | 5 Austria | 5.44 | 2023 | +3.17% | -3.39% | View data |
| 6 | 6 Poland | 5.15 | 2023 | +2.37% | +3.71% | View data |
| 7 | 7 Czechia | 4.68 | 2023 | |||
| 8 | 8 Hungary | 3.85 | 2023 | -0.03% | +0.17% | View data |
| 9 | 9 Romania | 2.21 | 2023 | +3.05% | -0.29% | View data |
| 10 | 10 Slovenia | 1.36 | 2023 | +3.12% | +2.51% | View data |