The European market for flat cold rolled steel products showcased varied production figures in 2023. Spain led with robust activity at 464.2 million euros, marking a 9.47% increase. Germany followed with 386.15 million euros, yet experienced a slight decline of 0.38%. Poland maintained a moderate upward trend at 320.73 million euros, growing by 1.08%. France demonstrated strong growth at 12.17%, while Italy declined sharply by 48.73%. Noticeable growth was seen in Greece with a remarkable increase of 90.95%, contrasting with significant contractions in Denmark and Portugal at 41.21% and 20.31%, respectively.
Future trends to watch include:
- The potential for recovery in countries that faced declines, potentially driven by economic stabilization and increased demand.
- Spain's consistent growth suggesting a strong position to expand in production, possibly fueled by strategic investments.
- Germany’s slight decrease might prompt considerations for strategy adjustments to capture growth opportunities.
- The steel industry should remain vigilant of geopolitical and economic factors, which could influence production trends across Europe.
Top countries in Sold Production of Flat Cold Rolled Steel Products, Clad, Plated or Coated by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 464,200,000 | 2023 | +15.23% | +9.47% | View data |
| 2 | 2 Germany | 386,150,000 | 2023 | -9.01% | -0.38% | View data |
| 3 | 3 Poland | 320,730,000 | 2023 | +1.23% | +1.08% | View data |
| 4 | 4 Czechia | 152,510,000 | 2023 | |||
| 5 | 5 Portugal | 45,603,000 | 2023 | -17.46% | -20.31% | View data |
| 6 | 6 Slovakia | 42,918,000 | 2023 | +2.87% | +0.77% | View data |
| 7 | 7 Greece | 21,684,000 | 2023 | +4.78% | +90.95% | View data |
| 8 | 8 Sweden | 21,541,000 | 2023 | +5.15% | View data | |
| 9 | 9 Belgium | 21,021,000 | 2023 | -4.54% | View data | |
| 10 | 10 France | 14,646,000 | 2023 | -9.62% | +12.17% | View data |
