In 2023, the European export landscape of stainless steel in ingots or other primary and semi-finished forms revealed diverse trends across countries. The United Kingdom led with the highest export volume, although it saw a decline of 6.34%. Noteworthy growth was observed in Belgium, with a 10.12% increase, and Portugal with a significant surge of 41.6%. Italy and Slovenia experienced moderate growth, while Germany experienced a notable contraction of 25.49%. Bulgaria's export activity increased substantially by 70.93%, and Lithuania saw an impressive rise of 110.68% despite smaller overall export figures.
Future trends to watch include:
- Potential shifts in European trade policies influencing stainless steel export volumes.
- Fluctuations in global stainless steel demand and its impact on European exports.
- Technological advancements in manufacturing that could alter production efficiency and export capabilities.
Top countries in Export of Stainless Steel in Ingots or Other Primary Forms and Semi-Finished Products of Stainless Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 182,000,000 | 2023 | -2.55% | -6.34% | View data |
| 2 | 2 Sweden | 45,453,000 | 2023 | +2.15% | -6.25% | View data |
| 3 | 3 Italy | 38,589,000 | 2023 | +22.08% | +6.97% | View data |
| 4 | 4 Finland | 32,946,000 | 2021 | +2350% | +70.48% | View data |
| 5 | 5 Belgium | 32,045,000 | 2023 | +1.7% | +10.12% | View data |
| 6 | 6 Austria | 24,989,000 | 2023 | +6.28% | +4.24% | View data |
| 7 | 7 France | 14,670,000 | 2023 | -11.65% | +0.19% | View data |
| 8 | 8 Slovakia | 12,938,000 | 2023 | +5.96% | -12.65% | View data |
| 9 | 9 Spain | 10,631,000 | 2023 | -21.05% | -13.84% | View data |
| 10 | 10 Netherlands | 8,959,300 | 2023 | +19.7% | -6.31% | View data |