The market for stainless steel flat-rolled products at least 600 mm in width, not further worked than hot-rolled in Portugal, has shown steady growth over the past decade, reaching a volume of 7.011 million kilograms in 2023. This indicates a generally positive trend, with an average annual growth rate (CAGR) of 5.02% over the last five years.
Year-on-year growth over the past two years reflects resilience, with increases of 1.94% in 2022 and 1.9% in 2023, despite economic uncertainties.
Future trends to watch for include:
- Technological advancements improving production efficiency.
- Potential impacts of global trade policies on import and export dynamics.
- Increasing demand from sectors like construction and automotive, driven by sustainability efforts and innovation in these industries.
How does Portugal rank in Stainless Steel Flat-Rolled Products at Least 600 Mm in Width Not Further Worked than Hot-Rolled Market Size Volume?
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 42,029,000 | 2023 | -0.87% | -0.14% | View data |
| 2 | 2 Czech Republic | 26,918,000 | 2023 | +1.18% | +1.08% | View data |
| 3 | 3 Netherlands | 25,044,000 | 2023 | -2.89% | -0.94% | View data |
| 4 | 4 Denmark | 12,008,000 | 2023 | +5.42% | +7.59% | View data |
| 5 | 5 Hungary | 9,165,200 | 2023 | +0.73% | +2.25% | View data |
| 6 | 6 Portugal | 7,011,000 | 2023 | +1.9% | +5.02% |
