European Production of Plate, Sheet and Wide Flat, Hot-Rolled in Mills Other than Wide Strip Mills by Country

In 2023, Italy led European production of plate, sheet, and wide flat, hot-rolled in mills other than wide strip mills, with a production of 2.6896 billion kilograms, experiencing a robust 9.16% increase. Germany followed with a production of 2.3469 billion kilograms, though it saw a decline of 4.48%. Sweden, producing 1.1079 billion kilograms, experienced a slight decrease of 1.12%. The Czech Republic showed growth at 5.95%, while France, Belgium, the United Kingdom, and Slovakia showed no change. Austria faced a significant decrease in production by 100%. The Compound Annual Growth Rate (CAGR) over the last five years has reflected varying dynamics across these countries.

Looking to the future, the European production landscape is expected to face continued competition from international producers and shifting demand patterns. Sustainability and technological advancements will become critical, alongside potential regulatory changes influencing production methods. Monitoring trade policies and economic conditions will also be paramount in gauging future output and capacity. Keep an eye on emerging markets and innovation in production technologies as areas of opportunity and challenge. Additionally, geopolitical factors may impact supply chains, influencing both production costs and distribution strategies across Europe.