The European export data for ingots and semi-finished stainless steel products in 2023 reveals a dominant position held by Spain, significantly outperforming Italy and Germany. Sweden and Austria also have notable contributions, albeit with mixed growth trends. Germany experienced moderate growth, while Sweden faced a slight decline. Portugal and Denmark showed substantial export volume increases, while Slovakia and Ireland saw declines. The sharpest growth was in Lithuania and Bulgaria, despite small base volumes. Other markets like Belgium and Ireland experienced complete drops in export values.
Future trends to watch include Spain's continued strength in exports alongside Italy and Germany's stable growth. Eastern European countries might see fluctuating trends and potential opportunities for growth. It's crucial for stakeholders to monitor policy changes and market dynamics within the EU and globally, which could impact competitiveness and demand for stainless steel products.
Top countries in Export of Ingots, Other Primary Forms and Long Semi-Finished Products of Stainless Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 112,840,000 | 2023 | View data | ||
| 2 | 2 Italy | 67,020,000 | 2023 | +2.88% | +20.97% | View data |
| 3 | 3 Germany | 61,594,000 | 2023 | -4.63% | +4.75% | View data |
| 4 | 4 Sweden | 37,793,000 | 2023 | +1.33% | -3.27% | View data |
| 5 | 5 Austria | 19,513,000 | 2023 | +6.3% | +4.23% | View data |
| 6 | 6 France | 16,940,000 | 2021 | +19.49% | +3.14% | View data |
| 7 | 7 Slovakia | 11,466,000 | 2023 | +5.96% | -12.65% | View data |
| 8 | 8 Portugal | 4,797,700 | 2023 | +0.32% | +41.71% | View data |
| 9 | 9 Czechia | 4,719,100 | 2021 | |||
| 10 | 10 Netherlands | 2,816,200 | 2023 | +19.69% | -8.1% | View data |