The United Kingdom leads European exports of stainless steel ingots and semi-finished products, holding a significant share compared to other countries. Sweden, Italy, and Finland also maintain strong positions. Noteworthy year-on-year variations include substantial growth in Portugal and Bulgaria, contrasting declines in Germany and Spain, impacting overall European market dynamics in 2023. Over the last five years, compound annual growth rates (CAGR) exhibit stability for major players, with notable fluctuation in smaller markets like Lithuania.
Future trends to watch: Rising demand in developing markets could alter current export shares, while shifts in global trade policies and technological advancements in production may redefine Europe’s export landscape.
Top countries in Export of Stainless Steel in Ingots or Other Primary Forms and Semi-Finished Products of Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 50.09 | 2023 | -2.55% | -6.34% | View data |
| 2 | 2 Sweden | 12.51 | 2023 | +2.15% | -6.25% | View data |
| 3 | 3 Italy | 10.62 | 2023 | +22.08% | +6.97% | View data |
| 4 | 4 Finland | 9.07 | 2021 | +2350% | +70.48% | View data |
| 5 | 5 Belgium | 8.82 | 2023 | +1.7% | +10.12% | View data |
| 6 | 6 Austria | 6.88 | 2023 | +6.28% | +4.24% | View data |
| 7 | 7 France | 4.04 | 2023 | -11.65% | +0.19% | View data |
| 8 | 8 Slovakia | 3.56 | 2023 | +5.96% | -12.65% | View data |
| 9 | 9 Spain | 2.93 | 2023 | -21.05% | -13.84% | View data |
| 10 | 10 Netherlands | 2.47 | 2023 | +19.7% | -6.31% | View data |
