In 2023, Germany led European exports of open sections cold-formed or folded of stainless steel with 4.5363 million kg, though it saw a slight decline of 0.37%. Austria and Sweden followed, but Austria faced a decrease of 2.05% while Sweden increased by 4.15%. Finland saw remarkable growth of 29.44%, and Belgium also experienced an uptick at 6.27%, while France and Greece recorded significant declines of 15.88% and 23.23%, respectively. Notably, Bulgaria exhibited a dramatic rise of 182.92% in its exports. Over the past five years, these countries have shown that the average yearly growth rate presents a mixed but improving outlook for select regions.
Future trends to watch include the potential for further growth in Finland and Bulgaria, along with a more pronounced recovery for countries like Belgium and Slovakia. Monitoring geopolitical factors, environmental regulation shifts, and technological innovations in steel forming processes will be crucial for anticipatory adjustments in production and export strategies across Europe.
Top countries in Export of Open Sections Cold Formed or Folded of Stainless Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,536,300 | 2023 | +1.41% | -0.37% | View data |
| 2 | 2 Austria | 2,513,100 | 2023 | +1.69% | -2.05% | View data |
| 3 | 3 Sweden | 1,022,600 | 2023 | +0.6% | +4.15% | View data |
| 4 | 4 Czechia | 850,460 | 2023 | |||
| 5 | 5 Belgium | 793,880 | 2023 | +16.01% | +6.27% | View data |
| 6 | 6 Finland | 716,300 | 2023 | +18.95% | +29.44% | View data |
| 7 | 7 Italy | 696,180 | 2023 | -0.77% | -0.63% | View data |
| 8 | 8 Slovakia | 481,170 | 2023 | +6.73% | +6.73% | View data |
| 9 | 9 Denmark | 340,110 | 2023 | -3.94% | +3.99% | View data |
| 10 | 10 Netherlands | 287,880 | 2023 | +1.64% | -9.33% | View data |
