In Slovakia, the Pig Iron and Spiegeleisen or Steel Granules and Powders market, expressed in volume, reached 11.344 million kilograms in 2023. The market has demonstrated gradual growth since 2016, marked by notable spikes in 2019, followed by minor fluctuations. Notably, the compound annual growth rate (CAGR) over the past five years stood at 3.27%, indicating a consistent upward trend despite some year-on-year variations. The most significant year-on-year increases were observed in 2019 and 2022, at 15.91% and 3.8%, respectively. The recent years showed stabilized growth with a moderate increase.
Future trends to watch for include:
- Technological advancements in production techniques.
- Changes in international trade policies affecting exports and imports.
- Developments in sustainable production practices aligned with environmental regulations.
- Market demand shifts driven by the automotive and construction industries.
# | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 556,400,000 | 2023 | -2.68% | -3.72% | View data |
2 | 2 France | 175,110,000 | 2023 | -1.05% | -1.26% | View data |
3 | 3 Italy | 90,830,000 | 2023 | -0.057% | +0.99% | View data |
4 | 4 Belgium | 52,166,000 | 2023 | -2.2% | -1.34% | View data |
5 | 5 Slovakia | 11,344,000 | 2023 | +2.91% | +3.27% | |
6 | 6 Finland | 5,971,700 | 2023 | +0.39% | -0.17% | View data |
7 | 7 Denmark | 5,608,300 | 2023 | -0.55% | -1.37% | View data |