In 2023, Germany led the European export of hot-drawn or extruded open sections of stainless steel, accounting for 32.96% of the market share by kilograms. Following Germany, Italy and Spain held significant shares with 16.02% and 15.33% respectively. Notable shifts occurred with Ireland experiencing a surge of 164.11%, while Finland, Greece, and Hungary witnessed declines by over 10%. Variations in 2023 indicate a dynamic market landscape with emerging exporters like Lithuania and Croatia showing considerable growth, and dominant players like Germany solidifying their market position.
Future trends to watch include the potential impact of eco-friendly production processes and fluctuating trade regulations which could alter market dynamics. Additionally, continued innovation in stainless steel applications and geopolitical shifts may affect export patterns among European countries.
Top countries in Export of Hot-Drawn or Extruded Open Sections of Stainless Steel (Not Further Worked than Hot Rolled) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32.96 | 2023 | +24.33% | +31.48% | View data |
| 2 | 2 Italy | 16.02 | 2023 | +0.41% | +0.23% | View data |
| 3 | 3 Spain | 15.33 | 2023 | -0.5% | -0.86% | View data |
| 4 | 4 Netherlands | 8.22 | 2023 | +7.03% | +1.41% | View data |
| 5 | 5 Poland | 4.51 | 2023 | +1.23% | +7.91% | View data |
| 6 | 6 Belgium | 4.44 | 2023 | +6.61% | +7.6% | View data |
| 7 | 7 Denmark | 3.14 | 2023 | +4.67% | +4.95% | View data |
| 8 | 8 France | 3.11 | 2023 | +2.4% | -3.07% | View data |
| 9 | 9 Sweden | 2.01 | 2021 | +2.25% | -9.04% | View data |
| 10 | 10 United Kingdom | 1.65 | 2023 | -16.25% | -9.59% | View data |
