In 2023, Germany led the European market for sold production of iron or steel reservoirs, tanks, vats, and similar containers for solids, accounting for a significant share. Poland and Italy also showed strong numbers, demonstrating growth in this sector. However, Spain and France experienced a contraction in market share. Notably, countries like Finland, Serbia, and Austria enjoyed marked positive growth. Conversely, Belgium, Bulgaria, and Greece faced notable declines. Over the last five years, the market has experienced a mixture of stability and volatility, with Central and Eastern European countries gradually increasing their production capacity.
Future trends to watch include:
- Increasing market penetration from Central and Eastern European countries, potentially elevating their share.
- Technological advancements aimed at improving production efficiency and product quality, which could reshape competitive dynamics.
- Environmental regulations may drive innovation and production shifts across Europe, influencing market shares.
Top countries in Sold Production of Iron or Steel Reservoirs, Tanks, Vats and Similar Containers for Solids Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.55 | 2023 | +0.82% | +0.82% | View data |
| 2 | 2 Poland | 19.64 | 2023 | +3.66% | +5.56% | View data |
| 3 | 3 Italy | 12.12 | 2023 | +3.11% | +6.92% | View data |
| 4 | 4 Spain | 9.97 | 2023 | +5.36% | -0.13% | View data |
| 5 | 5 France | 5.87 | 2023 | -0.66% | -3.06% | View data |
| 6 | 6 United Kingdom | 4.35 | 2023 | +0.35% | +3.02% | View data |
| 7 | 7 Ireland | 3.28 | 2023 | +10.98% | +3.21% | View data |
| 8 | 8 Czechia | 3.06 | 2023 | |||
| 9 | 9 Slovakia | 2.89 | 2023 | +2.43% | +3.72% | View data |
| 10 | 10 Portugal | 2.52 | 2023 | +3.16% | +2.43% | View data |
