The European production landscape for square or rectangular tubes and pipes of non-stainless steel shows Italy as a dominant player with 1.4073 billion kilograms sold. In contrast, Spain and Portugal follow with significantly lower figures of 0.15462 and 0.14446 billion kilograms, respectively. While Italy experienced a moderate growth of 2.72% in 2023, Portugal saw a noteworthy increase of 6.36%. Conversely, Spain's production dipped by 3.28%. Remarkably, Denmark exhibited a substantial surge of 13.91%, although from a low base. Lithuania faced a harsh decline of 21.56%, suggesting challenges in its production capabilities.
Looking to the future, several trends may impact the market:
- Technological advancements in steel production could enhance production efficiency and output.
- Economic policies and regulations concerning environmental impact may reshape the industry landscape.
- Continued demand for infrastructure and construction may sustain growth, especially impacting large producers like Italy.
- Potential geopolitical changes could alter trade dynamics and production strategies.
Top countries in Sold Production of Tubes and Pipes, of Square or Rectangular Cross-Section, of a Wall Thickness More than 2 Mm, Hot- or Cold-Formed and Welded of Steel Other than Stainless Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,407,300,000 | 2023 | +14.12% | +2.72% | View data |
| 2 | 2 Spain | 154,620,000 | 2023 | -9.13% | -3.28% | View data |
| 3 | 3 Portugal | 144,460,000 | 2023 | +6.39% | +6.36% | View data |
| 4 | 4 Romania | 93,983,000 | 2023 | -0.15% | +0.71% | View data |
| 5 | 5 Austria | 91,157,000 | 2021 | View data | ||
| 6 | 6 Hungary | 79,146,000 | 2023 | -0.53% | +3.69% | View data |
| 7 | 7 Greece | 72,315,000 | 2021 | +9.07% | View data | |
| 8 | 8 Bulgaria | 58,844,000 | 2023 | +2.45% | +0.96% | View data |
| 9 | 9 Slovenia | 30,550,000 | 2023 | +6.81% | +0.95% | View data |
| 10 | 10 Lithuania | 549,690 | 2023 | -1.29% | -21.56% | View data |
