In 2023, Italy dominated the European sold production market of stainless steel tubes and pipes with a 79.8% share. Germany followed with 13.27%, while France captured 3.09%. Smaller shares were held by Serbia (2.62%), Spain (1.44%), and others. Notable year-on-year variations in 2023 included significant increases for Denmark at 29.79% and Greece at 19.12%, while Italy experienced a modest decline of 1.0%. Over the past five years, the market has shown a steady trend with some fluctuation among smaller countries.
Future trends to watch include potential growth in Eastern European countries as manufacturing capacities and investments improve. Additionally, the sustainability drive in Europe might push for more innovations and efficiency in stainless steel production, which will likely impact market dynamics and country shares.
Top countries in Sold Production of Tubes and Pipes, of Circular Cross-Section, Welded, of an External Diameter Less than 406,4 mm of Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 79.8 | 2023 | +6.98% | -1% | View data |
| 2 | 2 Germany | 13.27 | 2023 | +10.97% | +1.24% | View data |
| 3 | 3 France | 3.09 | 2023 | +22.18% | +5.71% | View data |
| 4 | 4 Serbia | 2.62 | 2023 | +5.51% | +4.72% | View data |
| 5 | 5 Spain | 1.44 | 2023 | +1.81% | -0.19% | View data |
| 6 | 6 Netherlands | 1.09 | 2021 | View data | ||
| 7 | 7 Bulgaria | 0.35 | 2023 | +2.65% | +3.64% | View data |
| 8 | 8 Greece | 0.26 | 2023 | +22.16% | +19.12% | View data |
| 9 | 9 Croatia | 0.21 | 2023 | +5.75% | +3.03% | View data |
| 10 | 10 Denmark | 0.031 | 2023 | +41.82% | +29.79% | View data |
