In Denmark, between 2013 and 2023, the stainless steel cold-rolled sheet, plate, and wide strip market size expanded notably from approximately 140 million Euros to almost 200 million Euros. Recent growth from 2021 to 2023 saw a solid average annual increase, with the market value rising more than 6% per year. Highlighting fluctuations, notable recoveries post-2016 and consistent growth in the last five years are evident. Between 2018 and 2023, the average growth rate stood at nearly 5%, reflecting a strong market rebound and resilience.
Future trends to observe include:
- Technological advancements and innovations.
- Growing demand for sustainable and recyclable materials.
- Potential impacts of EU regulations and climate policies.
- Fluctuations in global steel prices influencing domestic markets.
- Expansion of construction and industrial projects boosting demand.
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 678,190,000 | 2023 | +7.43% | +2.28% | View data |
| 2 | 2 Czech Republic | 321,690,000 | 2023 | +2.09% | +0.53% | View data |
| 3 | 3 Denmark | 199,610,000 | 2023 | +6.39% | +4.71% | |
| 4 | 4 Hungary | 165,360,000 | 2023 | +4.45% | +3.1% | View data |
| 5 | 5 Estonia | 17,336,000 | 2023 | +3.12% | -0.037% | View data |