The European sold production of cold-rolled narrow strip and cold-rolled slit strip of non-alloy and alloy steel is significantly dominated by Germany, which accounts for 63.69% of the market share in kilograms. Italy and Portugal follow, with 9.72% and 9.71%, respectively. Other noteworthy contributors include Czechia at 3.85%, and Spain at 3.36%. The market has experienced various year-on-year fluctuations: Germany saw a decrease of 3.48% while Portugal had a slight increase of 2.57%. Denmark's growth was substantial with a 59.62% increase, albeit from a small base.
Looking ahead, the market for cold-rolled steel strips in Europe is expected to continue experiencing dynamic shifts influenced by economic conditions, industrial demand, and technological innovations. Watch for potential market expansion in Portugal and further German market consolidation. Additionally, technological advancements in manufacturing and increased appeal of sustainable production methods are likely to play a pivotal role in shaping future outcomes, especially given Denmark's notable growth rate.
Top countries in Sold Production of Cold-Rolled Narrow Strip and Cold-Rolled Slit Strip of Non-Alloy and Alloy Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 63.69 | 2023 | +1.49% | -3.48% | View data |
| 2 | 2 Italy | 9.72 | 2023 | -26.95% | -24.42% | View data |
| 3 | 3 Portugal | 9.71 | 2023 | +7.54% | +2.57% | View data |
| 4 | 4 Czechia | 3.85 | 2023 | |||
| 5 | 5 Spain | 3.36 | 2023 | -18.34% | -8.31% | View data |
| 6 | 6 Poland | 2.9 | 2023 | +2.08% | +0.77% | View data |
| 7 | 7 Sweden | 2.22 | 2023 | +4.85% | -1.26% | View data |
| 8 | 8 Belgium | 1.86 | 2021 | View data | ||
| 9 | 9 Austria | 1.6 | 2021 | View data | ||
| 10 | 10 France | 0.37 | 2021 | View data |
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