In 2023, Germany led the European import market of silicon-electrical steel flat-rolled products of width less than 600 mm, followed closely by Czechia. While Austria saw a significant increase of 22.31%, Spain and France experienced noticeable declines. Romania showed the highest positive year-on-year change at 116.36%, signaling potential market dynamism. Conversely, Hungary and Lithuania faced declining import volumes. Denmark and Slovenia demonstrated robust growth with increases of 43.2% and 39.54% respectively, highlighting emerging importing trends.
Future trends indicate potential shifts as new technology and energy efficiency standards are expected to boost demand. Close monitoring of changes in import activities, especially in Central and Eastern European countries, and the impact of geopolitical factors will provide further insights into the market evolution.
Top countries in Import of Silicon-Electrical Steel Flat Rolled Products of Width Less than 600 mm by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,201,400 | 2023 | +22.37% | -0.3% | View data |
| 2 | 2 Czechia | 1,200,700 | 2023 | |||
| 3 | 3 Italy | 979,650 | 2023 | +14.21% | +1.61% | View data |
| 4 | 4 Austria | 236,760 | 2023 | +0.89% | +22.31% | View data |
| 5 | 5 Bulgaria | 79,760 | 2023 | +6.61% | +10.28% | View data |
| 6 | 6 Spain | 36,860 | 2023 | +2.88% | -6.79% | View data |
| 7 | 7 Poland | 28,650 | 2023 | +1.18% | +23.43% | View data |
| 8 | 8 Denmark | 16,860 | 2023 | +29.18% | +43.2% | View data |
| 9 | 9 France | 11,890 | 2023 | -76.88% | -40.97% | View data |
| 10 | 10 Romania | 4,740 | 2023 | -33.03% | +116.36% | View data |
