In 2023, Germany led European exports of flat cold rolled steel products, clad, plated or coated, with a share of 21.76%. This was followed by the Netherlands (14.01%) and Italy (12.88%). Italy showed a notable year-on-year growth of 7.45% from 2023 to 2024, whereas Germany faced a slight decline of 1.6%. Portugal exhibited the highest growth rate of 15.84%. The UK's share continued to decline, down by 5.56%. Over the past five years, the compound annual growth rate (CAGR) has been variable across countries, with smaller nations like Luxembourg and Estonia showing significant percentage increases.
Future trends to watch include:
- Increased export growth in Southern European countries like Portugal and Italy, which have shown strong recent growth.
- Potential consolidation in Western Europe as large exporters like Germany face competitive pressures.
- Opportunities in emerging markets for Baltic states such as Estonia, given their significant recent growth.
- Monitoring geopolitical and trade policy changes that could impact market dynamics significantly.
Top countries in Export of Flat Cold Rolled Steel Products, Clad, Plated or Coated Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.76 | 2023 | -0.58% | -1.6% | View data |
| 2 | 2 Netherlands | 14.01 | 2023 | +8.4% | -0.054% | View data |
| 3 | 3 Italy | 12.88 | 2023 | +5.5% | +7.45% | View data |
| 4 | 4 Belgium | 12.21 | 2023 | -0.52% | -0.12% | View data |
| 5 | 5 Spain | 5.7 | 2023 | +1.01% | +1.95% | View data |
| 6 | 6 France | 5.22 | 2023 | -0.23% | -4.85% | View data |
| 7 | 7 Slovakia | 5 | 2023 | +2.82% | +1.43% | View data |
| 8 | 8 Portugal | 4.93 | 2023 | +26.66% | +15.84% | View data |
| 9 | 9 Austria | 4.89 | 2023 | -7.92% | -5.76% | View data |
| 10 | 10 Sweden | 2.53 | 2023 | -0.35% | -0.81% | View data |
