In 2023, Italy dominates the European export of cold-profiled ribbed sheets of non-alloy steel, holding 26.79% of the market in kilograms. Spain and Poland follow with 16.76% and 12.47% respectively. Germany and Belgium each account for over 11%, while Slovakia, Finland, and the UK show notable growth rates of 5.67%, 1.54%, and 8.85%, with Hungary's exports surging by 27.7% year-on-year due to strategic market expansions. Bulgaria and Denmark experienced extraordinary growth rates of 217.94% and 24.32%, thanks to increased industrial demands and strategic shipping enhancements respectively.
Key future trends to watch include:
- Increased investments in advanced manufacturing processes potentially driving export competitiveness.
- Effects of geopolitical relations on trade tariffs and regulations impacting export volumes.
- Sustainability initiatives influencing production costs and material choices.
- Expanded trade agreements within and beyond Europe potentially increasing export volumes substantially.
Top countries in Export of Cold-Profiled (Ribbed) Sheets of Non-Alloy Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 26.79 | 2023 | -0.6% | +11.33% | View data |
| 2 | 2 Spain | 16.76 | 2023 | +0.29% | -1.97% | View data |
| 3 | 3 Poland | 12.47 | 2023 | +4.32% | +4.56% | View data |
| 4 | 4 Germany | 12.45 | 2023 | -3.89% | +9.33% | View data |
| 5 | 5 Belgium | 11.65 | 2023 | +17.79% | -1.87% | View data |
| 6 | 6 Slovakia | 6.01 | 2023 | +3.47% | +5.67% | View data |
| 7 | 7 Finland | 5.18 | 2023 | +11.1% | +1.54% | View data |
| 8 | 8 Estonia | 2.31 | 2023 | +5.81% | +4.57% | View data |
| 9 | 9 Sweden | 1.69 | 2023 | +1.75% | -3.24% | View data |
| 10 | 10 Austria | 1.25 | 2023 | +13.45% | -5.07% | View data |
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