In 2023, Italy led European production of iron or steel containers for gases, contributing 46.44% of the total share, followed by Germany at 22.24%. Poland and Spain, with shares above 7%, saw growths of 6.73% and 8.89% respectively. France markedly increased its share by 21.02%, reaching 4.89%, while Hungary experienced a moderate growth, achieving 4.32%. However, Estonia and Portugal faced declines in production shares, decreasing by 5.09% and 4.72%, respectively. Notably, Romania and Croatia recorded the most significant drops, with Romania at -18.26% and Croatia at -24.07%.
Future trends to watch include:
- The potential for Italy to maintain its leading position and drive further growth.
- The resilience of France's production market and whether its recent increases in share can be sustained.
- The strategic investment from Poland and Spain to capitalize on their recent growth trajectories.
- Monitoring recovery efforts in underperforming countries like Romania and Croatia to assess any impediments or turnaround strategies.
Top countries in Sold Production of Iron or Steel Reservoirs, Tanks, Vats and Similar Containers for Gases Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 46.44 | 2023 | +5.9% | +12.58% | View data |
| 2 | 2 Germany | 22.24 | 2023 | +0.36% | -0.049% | View data |
| 3 | 3 Poland | 7.17 | 2023 | +1.93% | +6.73% | View data |
| 4 | 4 Spain | 7.13 | 2023 | +7.49% | +8.89% | View data |
| 5 | 5 France | 4.89 | 2023 | -13.12% | +21.02% | View data |
| 6 | 6 Hungary | 4.32 | 2023 | +1.63% | +3.92% | View data |
| 7 | 7 Czechia | 4 | 2023 | |||
| 8 | 8 Finland | 2.55 | 2021 | +5.66% | View data | |
| 9 | 9 Estonia | 2.5 | 2023 | +28.96% | -5.09% | View data |
| 10 | 10 Portugal | 1.23 | 2023 | +4.62% | -4.72% | View data |