In 2023, Italy dominated the European export market of hot-finished, seamless steel tubes and pipes with 24% market share. Romania and Germany followed with 17.18% and 14.98% respectively. Notably, Germany faced a significant decline of 100% year-on-year from 2022. Italy and Luxembourg experienced notable growth rates of 14.74% and 102.63%. Meanwhile, traditional players like Spain and Slovakia showed minimal or negative growth. Despite slight variations, the market remained resilient over the past five years.
Future trends to watch include the potential impact of eco-friendly manufacturing methods and trade policies favoring sustainable materials. Additionally, Italy's position might further strengthen due to its robust manufacturing capabilities, while Germany's strategies to regain its lost market share will be crucial to monitor.
Top countries in Export of Tubes and Pipes of Circular Cross-Section, Hot-Finished, Seamless of Steel Other than Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 24 | 2023 | +27.03% | +14.74% | View data |
| 2 | 2 Romania | 17.18 | 2023 | +1.79% | +1.2% | View data |
| 3 | 3 Germany | 14.98 | 2023 | -20.16% | View data | |
| 4 | 4 Spain | 10.65 | 2023 | -0.21% | +0.41% | View data |
| 5 | 5 Czechia | 9.53 | 2023 | |||
| 6 | 6 Slovakia | 7.09 | 2023 | +0.8% | -0.38% | View data |
| 7 | 7 Austria | 5.14 | 2023 | +1.81% | -5.02% | View data |
| 8 | 8 Poland | 5.09 | 2023 | +1.67% | -0.22% | View data |
| 9 | 9 Belgium | 3.14 | 2023 | -2.37% | -6.39% | View data |
| 10 | 10 Netherlands | 2.83 | 2023 | +11.15% | +10.41% | View data |
