The Steel Uncoated Cold-Rolled Sheet, Plate, and Strip market in Portugal, measured by volume, saw fluctuations between 2013 and 2023. Peaking in 2015, the market demonstrated a declining trend afterward, with a moderate recovery beginning in 2022 and continuing into 2023. In 2023, the volume stood at 160.61 million kilograms. Recent year-on-year growth was modest, with increases of 2.19% in 2022 and 2.06% in 2023. However, the five-year compound annual growth rate (CAGR) from 2018 to 2023 was -2.8%, indicating an overall negative trend in the medium term.
Future trends to watch for:
- Market stabilization and potential growth driven by technological advancements and sustainability initiatives in steel production.
- Influences of global economic conditions and demand from key industries such as construction and automotive on market size.
- Impact of potential regulatory changes affecting production processes and trade policies.
How does Portugal rank in Steel Uncoated Cold-Rolled Sheet, Plate and Strip at Least 600 Mm in Width Market Size Volume?
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,326,700,000 | 2023 | -0.94% | -1% | View data |
| 2 | 2 Poland | 1,187,200,000 | 2023 | +2.61% | +0.91% | View data |
| 3 | 3 Czech Republic | 554,720,000 | 2023 | +1.68% | +1.8% | View data |
| 4 | 4 France | 413,490,000 | 2023 | +1.73% | -1.48% | View data |
| 5 | 5 Portugal | 160,610,000 | 2023 | +2.06% | -2.8% | |
| 6 | 6 Ireland | 12,586,000 | 2023 | +1.69% | -0.034% | View data |
