The European Cold Rolling of Narrow Strip Turnover Share in 2023 demonstrated Germany as the dominant player with the highest turnover of 58.03 million euros. Italy followed, albeit with a significant decline of 1.49%, contributing 23.33 million euros. Portugal experienced a significant increase of 13.15%, reflecting a vibrant market, while Spain saw a decrease by 4.36%, pointing to declining conditions. Hungary displayed remarkable growth at 49.75%, suggesting expansive opportunities. Romania and Greece witnessed varied performances, with Greece's turnover climbing sharply by 123.88%, whereas France dropped significantly by 38.68%.
Future trends to watch include Germany's sustained leadership, with potential growth in Hungary and Portugal due to their strong recent performances. Greece's rise warrants attention, potentially signaling new market dynamics, while Italy and Spain must address declining turnovers to sustain competitiveness. Projections suggest adjustments in market strategies could be pivotal for adapting to evolving market conditions across Europe.
Top countries in Cold Rolling of Narrow Strip Turnover Share by Country (Million Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 58.03 | 2023 | +2.98% | +0.29% | View data |
| 2 | 2 Italy | 23.33 | 2023 | +3.61% | -1.49% | View data |
| 3 | 3 Portugal | 8.36 | 2023 | +7.4% | +13.15% | View data |
| 4 | 4 Spain | 8.09 | 2023 | -3.93% | -4.36% | View data |
| 5 | 5 Hungary | 5.72 | 2023 | +21.5% | +49.75% | View data |
| 6 | 6 Romania | 0.83 | 2023 | -0.75% | -1.07% | View data |
| 7 | 7 Greece | 0.47 | 2023 | +16.58% | +123.88% | View data |
| 8 | 8 France | 0.12 | 2023 | -74.45% | -38.68% | View data |
