In 2024, Poland leads the European cold rolling of narrow strip sector with 61 enterprises, showcasing a significant growth of 3.65% year-on-year. Italy and Germany follow with 35 and 33 enterprises respectively, both exhibiting slight annual increases. Romania and Portugal note substantial gains, particularly Romania's 2.38% rise. Conversely, Sweden and Spain experienced downturns, with Sweden decreasing by 4.36% and Spain having the most significant drop of 10.59%. Countries like Austria, Norway, and Lithuania showed no change, maintaining a single enterprise within this sector.
Future trends indicate that growth will continue in Eastern European countries, driven by industrial investments and economic expansion. Western Europe may witness consolidation, leading to fewer but larger enterprises. Monitoring shifts in material costs and technological advancements will be crucial to predicting further changes in enterprise numbers across different countries. Environmental regulations and digital transformation could also play critical roles in shaping the future landscape of the cold rolling industry in Europe.
Top countries in Cold Rolling of Narrow Strip Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 61 | 2023 | +3.39% | +3.65% | View data |
| 2 | 2 Italy | 35 | 2023 | -2.78% | +0.58% | View data |
| 3 | 3 Germany | 33 | 2023 | -2.94% | +0.62% | View data |
| 4 | 4 Romania | 9 | 2023 | 0% | +2.38% | View data |
| 5 | 5 Sweden | 8 | 2023 | -11.11% | -4.36% | View data |
| 6 | 6 Hungary | 5 | 2023 | 0% | 0% | View data |
| 7 | 7 Portugal | 5 | 2023 | +25% | +4.56% | View data |
| 8 | 8 Greece | 5 | 2023 | 0% | +4.56% | View data |
| 9 | 9 Spain | 4 | 2023 | 0% | -10.59% | View data |
| 10 | 10 Netherlands | 2 | 2023 | 0% | 0% | View data |