In 2023, Italy dominated the European sold production of circular cross-section tubes and pipes, accounting for the largest share at 57.62%. Spain, Poland, and Germany followed, contributing 8.02%, 6.55%, and 5.88%, respectively. Notable year-on-year variations include a 7.21% increase for Italy, -1.66% for Spain, and Poland's growth at 5.49%. Bulgaria experienced the most substantial growth, at 10.23%, while Greece saw a significant decline of -26.14%. Over five years, the market has shown variable growth with dynamics influenced by country-specific industrial factors.
Looking forward, a shift towards sustainability in material sourcing and manufacturing processes could impact production dynamics. Advancements in technology might drive efficiency and reduce costs. The geopolitical landscape and trade policies remain crucial factors in shaping market trends. Close attention should be paid to environmental regulations and their impact on production practices in European countries.
Top countries in Sold Production of Tubes and Pipes, of Circular Cross-Section, Hot- or Cold-Formed and Welded, of an External Diameter Less than 406,4 mm of Steel Other than Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 57.62 | 2023 | +7.49% | +7.21% | View data |
| 2 | 2 Spain | 8.02 | 2023 | -1.17% | -1.66% | View data |
| 3 | 3 Poland | 6.55 | 2023 | +3.19% | +5.49% | View data |
| 4 | 4 Germany | 5.88 | 2023 | +2.3% | +1.55% | View data |
| 5 | 5 France | 5.6 | 2023 | +11.79% | +8.63% | View data |
| 6 | 6 Czechia | 3.93 | 2023 | |||
| 7 | 7 Portugal | 3.92 | 2023 | +1.59% | +2.3% | View data |
| 8 | 8 Bulgaria | 3.1 | 2023 | +4.47% | +10.23% | View data |
| 9 | 9 Hungary | 0.81 | 2023 | -2.51% | +3.74% | View data |
| 10 | 10 Sweden | 0.44 | 2023 | -8.58% | -2.95% | View data |
