In 2023, the European sold production of tanks, casks, drums, cans, boxes, and similar containers of iron or steel showed variance across countries. Germany led with €595.86 million, followed by Spain, Italy, and France. Notable increases in production were seen in Portugal and Hungary, while significant declines were evident in Croatia and Slovakia. Denmark and Estonia experienced double-digit growth, indicating robust manufacturing activities. The five-year CAGR reveals steady or growing production trends across most countries, despite some negative growth rates in Italy and the UK.
Future trends to watch include technological advancements in production efficiency, the impact of environmental regulations on steel production, and potential market expansion in Eastern European countries. Sustained demand from key industrial sectors and varying levels of economic growth will continue to shape the outlook for the industry in Europe.
Top countries in Sold Production of Tanks, Casks, Drums, Cans, Boxes and Similar Containers of Iron or Steel by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 595,860,000 | 2023 | +0.088% | +2.17% | View data |
| 2 | 2 Spain | 169,430,000 | 2023 | +7.65% | +1.31% | View data |
| 3 | 3 Italy | 162,960,000 | 2023 | -4.63% | -1.47% | View data |
| 4 | 4 France | 110,510,000 | 2023 | -2.69% | -3.42% | View data |
| 5 | 5 Belgium | 104,790,000 | 2021 | +54.94% | View data | |
| 6 | 6 Czechia | 86,906,000 | 2023 | |||
| 7 | 7 United Kingdom | 63,618,000 | 2023 | -4.92% | -3.96% | View data |
| 8 | 8 Portugal | 59,718,000 | 2023 | +3.72% | +5.6% | View data |
| 9 | 9 Hungary | 34,390,000 | 2023 | +2.62% | +4.03% | View data |
| 10 | 10 Slovenia | 13,802,000 | 2023 | +3.43% | +4.34% | View data |
