The European export of non-alloy steel flat-rolled products in 2023 showed significant shares from Belgium, Netherlands, and Germany, collectively contributing over 52% to the total exports. A notable growth in export shares was observed for Latvia and Poland with double-digit increases, while the United Kingdom faced a decline. Smaller markets like Malta and Cyprus remained almost stable, with slight changes. Over the past five years, the compound annual growth rate indicated a steady increase, especially for countries like Latvia and Spain, while the larger markets exhibited moderate growth rates.
Future trends suggest a continued rise in export shares for Poland and Latvia, driven by increasing demand in their manufacturing sectors and strategic partnerships. Monitoring geopolitical factors and technological advancements in steel production could significantly influence future export dynamics across Europe.
Top countries in Export of Non Alloy Steel Flat Rolled Products (Clad, Plated or Coated) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 23.97 | 2023 | +11.6% | +3.47% | View data |
| 2 | 2 Netherlands | 14.26 | 2023 | +6.75% | +4.18% | View data |
| 3 | 3 Germany | 14.23 | 2023 | +1.25% | +1.77% | View data |
| 4 | 4 Italy | 12.22 | 2023 | +11.75% | +1.83% | View data |
| 5 | 5 France | 10.83 | 2023 | +5.11% | +4.16% | View data |
| 6 | 6 Spain | 4.23 | 2023 | +4.41% | +5.5% | View data |
| 7 | 7 Slovakia | 3.71 | 2023 | +0.31% | +0.48% | View data |
| 8 | 8 Austria | 3.25 | 2023 | -2.02% | +1.28% | View data |
| 9 | 9 Poland | 2.44 | 2023 | +4.17% | +5.92% | View data |
| 10 | 10 Luxembourg | 2.29 | 2023 | +12.73% | +3.54% | View data |
