In 2023, Spain emerged as the leading producer in Europe of large welded steel tubes and pipes, with 33.88% of the market share. Germany followed with 29.38%, while Italy held 19.54%. Notably, Spain saw a massive year-on-year growth of 54.94% whereas Germany experienced a slight decline of 2.6%. Over the preceding year, Italy demonstrated robust performance with a 33.59% increase. The UK and Finland also saw minor contractions. Despite its smaller share, Denmark saw positive growth, alongside modest increases in Hungary and France.
Future trends to watch include potential capacity expansions in Spain and Italy, driven by sustained demand in infrastructure and energy sectors. Additionally, economic and policy shifts driven by EU regulations might impact production dynamics, particularly in Germany and the UK. Understanding market adaptation in response to sustainability regulations could also shape the regional production landscape.
Top countries in Sold Production of Tubes and Pipes, Welded, of an External Diameter More than 406,4 mm of Steel Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 33.88 | 2023 | +24.66% | +54.94% | View data |
| 2 | 2 Germany | 29.38 | 2023 | -3.81% | -2.6% | View data |
| 3 | 3 Italy | 19.54 | 2023 | +20.9% | +33.59% | View data |
| 4 | 4 Finland | 8.27 | 2023 | +8.89% | +3.69% | View data |
| 5 | 5 United Kingdom | 8.2 | 2023 | +4.25% | -4.69% | View data |
| 6 | 6 Poland | 7.8 | 2023 | +2.51% | +4.54% | View data |
| 7 | 7 Denmark | 0.46 | 2023 | +1.58% | +1.92% | View data |
| 8 | 8 France | 0.39 | 2023 | +11.54% | +0.69% | View data |
| 9 | 9 Hungary | 0.019 | 2023 | +3.91% | +5.39% | View data |
