In the European steel powder metallurgy market, Italy leads with a substantial 66.03% share, followed by Spain at 19.34%, and France at 8.24%. Poland, Hungary, United Kingdom, and Finland hold minor shares of 1.42%, 1.22%, 0.65%, and 0.045% respectively. In 2023, Italy, Spain, and France saw positive growth at 2.43%, 0.57%, and 1.82%, while Finland experienced a significant decline of 12.06%.
Future trends to watch for include:
- Continued dominance of Italy in the European market.
- Steady growth in Spain and France.
- Potential recovery in Finland, albeit from a low base.
- Minor players like Poland, Hungary, and the United Kingdom slowly increasing their market share.
These trends indicate a relatively stable market with selective growth opportunities in smaller markets.
Top countries in Sold Production of Products of Steel Powder Metallurgy Share by Country (Euros)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 66.03 | 2023 | +3.77% | +2.43% | View data |
| 2 | 2 Spain | 19.34 | 2023 | +5.8% | +0.57% | View data |
| 3 | 3 France | 8.24 | 2023 | +22.49% | +1.82% | View data |
| 4 | 4 Poland | 1.42 | 2023 | +3.81% | +2.59% | View data |
| 5 | 5 Hungary | 1.22 | 2023 | +2.93% | +2.66% | View data |
| 6 | 6 United Kingdom | 0.65 | 2023 | -2.69% | +2.59% | View data |
| 7 | 7 Finland | 0.045 | 2023 | +4.72% | -12.06% | View data |
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