The Steel Flanges Market in Germany demonstrated significant fluctuations from 2013 to 2023. Initially, there was a decline, bottoming out in 2017, but the market rebounded by 2022. As of 2023, market size stood at 85.444 million kilograms, reflecting a minor 0.94% growth from the previous year. The compound annual growth rate over the past five years was slightly negative at -0.38%, indicating overall stagnation with occasional recovery years.
Future trends to watch for include technological advancements in manufacturing, increasing demand for sustainable materials, potential regulatory changes affecting production standards, and shifts in global supply chains impacting local market dynamics.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 85,444,000 | 2023 | +0.94% | -0.38% | |
| 2 | 2 France | 16,314,000 | 2023 | +2.22% | +0.91% | View data |
| 3 | 3 Belgium | 4,059,700 | 2023 | -0.97% | -0.64% | View data |
| 4 | 4 Finland | 3,700,900 | 2023 | -0.46% | +0.57% | View data |
| 5 | 5 Portugal | 2,741,000 | 2023 | -1.62% | -1.95% | View data |
