The 2023 European market for cold-rolled narrow strips of non-alloy steel containing less than 0.25% carbon, expressed in euros, shows Germany holding the largest share, followed by Italy and Portugal. Germany experienced a slight decline of 0.74% year over year, while Italy saw a significant drop of 9.71%. Portugal remained stable, with no change. Spain observed a growth of 4.63%, contrasting with a notable contraction in France by 26.57%. Poland had a marginal decrease of 0.26%. Over the past five years, the compound annual growth rate (CAGR) offers insights into each country's performance pattern.
Future trends to watch include potential fluctuations in demand due to economic factors and the development of alternative materials. The impact of environmental policies and advancements in production technology may also shape the competitive landscape, affecting market shares among European countries.
Top countries in Sold Production of Cold-Rolled Narrow Strip of Non-Alloy Steel, Containing by Weight Less than 0,25% of Carbon Share by Country (Euros)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 60.59 | 2023 | +4.75% | -0.74% | View data |
| 2 | 2 Italy | 26.95 | 2023 | +9.88% | -9.71% | View data |
| 3 | 3 Portugal | 11.62 | 2023 | +6.54% | View data | |
| 4 | 4 Spain | 9.95 | 2023 | +1.04% | +4.63% | View data |
| 5 | 5 Czechia | 3.11 | 2023 | |||
| 6 | 6 Poland | 2.17 | 2023 | +1.46% | -0.26% | View data |
| 7 | 7 France | 0.18 | 2023 | -41.96% | -26.57% | View data |
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