In 2023, Germany led the European steel flange import market with 22.04% share by kilograms, despite a slight decline of 1.28%. The Netherlands and Spain followed, with Spain showing significant growth at 9.27%. Italy experienced a notable decrease of 9.23%, while Denmark posted a robust growth of 9.49%. Belgium and Poland also marked positive growth, contrasting with declines in France and Austria. Eastern European countries such as Slovenia saw a 5.75% increase, demonstrating emerging regional demand.
Looking ahead to 2024 and beyond, keep an eye on:
- Spain's and Denmark's growth trajectories potentially reshaping market dynamics.
- The recovery of Italy and France in adjusting to declining trends.
- The impact of geopolitical and economic factors on import patterns in Eastern Europe.
Top countries in Import of Steel Flanges Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.04 | 2023 | +3.01% | -1.28% | View data |
| 2 | 2 Netherlands | 11.39 | 2023 | +6.79% | +0.34% | View data |
| 3 | 3 Spain | 10.31 | 2023 | +2.57% | +9.27% | View data |
| 4 | 4 Italy | 8.74 | 2023 | +0.7% | -9.23% | View data |
| 5 | 5 Denmark | 7.18 | 2023 | +7.24% | +9.49% | View data |
| 6 | 6 United Kingdom | 6.76 | 2023 | -1.59% | -1.4% | View data |
| 7 | 7 France | 5.81 | 2023 | -1.68% | -3.28% | View data |
| 8 | 8 Belgium | 5.34 | 2023 | +3.35% | +1.43% | View data |
| 9 | 9 Poland | 4.51 | 2023 | +3.27% | +3.59% | View data |
| 10 | 10 Czechia | 3.32 | 2023 |
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