The 2023 data indicates that Italy dominates the European export market for ingots and other semi-finished products of alloy steel, accounting for over half of the market share. Germany follows, though it saw a significant decline in exports. Romania showed notable growth, while Lithuania experienced the highest increase. Countries like Portugal, Spain, and Denmark faced substantial decreases. Over the last five years, the industry has experienced varied growth rates, with some countries showing resilience and others declining.
Future trends to watch include Italy’s continued dominance if it maintains current growth rates and how emerging players like Lithuania and Romania further capitalize on their recent growth. Sustainability practices and economic conditions in the EU may also shape future market dynamics.
Top countries in Export of Ingots, Other Primary Forms and Long Semi-Finished Products of Alloy Steel Other than of Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 55.35 | 2023 | +5.84% | +0.39% | View data |
| 2 | 2 Germany | 24.7 | 2023 | -23.63% | View data | |
| 3 | 3 Austria | 7.21 | 2023 | +7.35% | -0.46% | View data |
| 4 | 4 Czechia | 6.44 | 2023 | |||
| 5 | 5 Croatia | 5.05 | 2023 | +5.61% | -2.01% | View data |
| 6 | 6 Romania | 5.05 | 2023 | +6.92% | +65.7% | View data |
| 7 | 7 France | 4.52 | 2023 | +29.67% | View data | |
| 8 | 8 Poland | 3.04 | 2023 | +0.89% | -4% | View data |
| 9 | 9 Belgium | 1.44 | 2021 | -35.02% | -30.25% | View data |
| 10 | 10 Sweden | 1.32 | 2023 | +7% | -3.55% | View data |
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