In 2023, the European import landscape for open sections, not further worked than hot-rolled, hot-drawn, or extruded of stainless steel, showed diverse trends among countries. Italy, leading with 10.024 million kilograms, experienced a decline of 2.52%. Conversely, Belgium's imports surged by 14.8%, while Spain maintained stability with a 0.5% increase. Germany also saw a positive trend with a 3.19% growth. On the downside, countries like Luxembourg and Lithuania witnessed significant reductions in imports by 60.55% and 30.51%, respectively, signaling a potential shift in regional demands or supply chain dynamics.
Future trends to watch include potential recovery or continued declines in countries experiencing sharp import reductions. Countries like Belgium and Ireland, currently displaying strong import growth, may continue to be key players in the European market. Additionally, attention should be given to geopolitical or economic factors that may cause further fluctuations in import volumes across the continent, including changes in trade agreements or domestic production capacities.
Top countries in Import of Open Sections, Not Further Worked than Hot-Rolled, Hot-Drawn or Extruded of Stainless Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 10,024,000 | 2023 | +5.61% | -2.52% | View data |
| 2 | 2 Spain | 9,924,600 | 2023 | +18.6% | +0.5% | View data |
| 3 | 3 Germany | 9,085,700 | 2023 | +2.95% | +3.19% | View data |
| 4 | 4 Belgium | 7,884,500 | 2023 | +29.69% | +14.8% | View data |
| 5 | 5 Netherlands | 7,073,700 | 2023 | +8.96% | +9.18% | View data |
| 6 | 6 Poland | 3,931,400 | 2023 | +1.67% | -0.23% | View data |
| 7 | 7 United Kingdom | 3,190,100 | 2023 | -0.65% | -1.16% | View data |
| 8 | 8 France | 2,466,400 | 2023 | -2.16% | -4.89% | View data |
| 9 | 9 Slovakia | 2,367,800 | 2023 | +3.38% | -4.95% | View data |
| 10 | 10 Denmark | 1,718,800 | 2023 | -0.098% | -3.06% | View data |
