In 2023, Italy led the European export of stainless steel bars and rods, with a share of 30.19%. France and Spain followed with 25.54% and 20.07%, respectively. Notable changes included Italy's modest growth of 0.46% and a striking rise in the Netherlands of 37.75%. Conversely, the UK and Germany experienced declines of 5.33% and 4.89%, respectively. Estonia exhibited a substantial increase of over 100%, while Portugal saw a decrease of 37.06%.
Future trends to watch include potential growth from smaller markets, such as Estonia, due to their recent surge, while established exporters like the UK may face challenges. Economic factors, including raw material costs and geopolitical tensions, could further influence export dynamics.
Top countries in Export of Stainless Steel Bars and Rods, Hot Rolled, in Irregularly Wound Coils Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 30.19 | 2023 | +6.21% | +0.46% | View data |
| 2 | 2 France | 25.54 | 2023 | -0.46% | -0.89% | View data |
| 3 | 3 Spain | 20.07 | 2023 | +0.05% | -3.53% | View data |
| 4 | 4 Sweden | 14.37 | 2023 | +2.11% | +0.12% | View data |
| 5 | 5 United Kingdom | 4.43 | 2023 | -4.18% | -5.33% | View data |
| 6 | 6 Netherlands | 1.78 | 2023 | +5.73% | +37.75% | View data |
| 7 | 7 Germany | 1.43 | 2023 | -5.16% | -4.89% | View data |
| 8 | 8 Poland | 1.2 | 2023 | +4.65% | -1.08% | View data |
| 9 | 9 Austria | 0.9 | 2023 | +8.85% | +1.15% | View data |
| 10 | 10 Belgium | 0.6 | 2023 | +15.35% | -1.56% | View data |
