In 2023, Germany dominated the European export of forged bars of stainless steel, despite an 8.61% decrease, capturing 53.05% of the market by kilogram. Italy followed, with a minor increase of 0.43%, holding a 32.58% share. Sweden experienced a decline of 4.31%, and Spain saw a rise of 3.78%. Notably, Denmark and Luxembourg witnessed substantial growth with 52.72% and 46.23% increases, respectively. France and Romania also saw significant upticks, while the United Kingdom and Poland declined.
Future trends to watch include:
- Continued German market dominance, potentially moderated by a declining share.
- Italy's steady positioning which might support increased stability or growth.
- Emerging markets such as Denmark and Luxembourg potentially expanding further.
- Adjustments in smaller markets could lead to shifts in the overall export landscape.
Top countries in Export of Forged Bars of Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 53.05 | 2023 | +0.44% | -8.61% | View data |
| 2 | 2 Italy | 32.58 | 2023 | +4.08% | +0.43% | View data |
| 3 | 3 Sweden | 5.68 | 2023 | -0.48% | -4.31% | View data |
| 4 | 4 Spain | 3.83 | 2023 | +6.71% | +3.78% | View data |
| 5 | 5 Slovenia | 1.52 | 2023 | +3.42% | +1.77% | View data |
| 6 | 6 Austria | 1.47 | 2023 | +3.79% | -3.41% | View data |
| 7 | 7 France | 0.71 | 2023 | +1.92% | +10.61% | View data |
| 8 | 8 Netherlands | 0.51 | 2023 | +15.1% | +2.8% | View data |
| 9 | 9 Czechia | 0.48 | 2023 | |||
| 10 | 10 United Kingdom | 0.31 | 2023 | -17.15% | -9.2% | View data |
