In 2023, Germany led the European sold production of wire, rods, tubes, plates, electrodes, coated or cored with flux material with a substantial market share. Italy ranked second, followed by the Netherlands and Poland, while France experienced a decline. Romania showed notable growth, and Portugal had a significant increase. The United Kingdom and Spain saw a decrease, and Lithuania showed a sharp decline. Over the past five years, the compound annual growth rate indicates varying trends across countries, with some showing growth and others declining.
Looking ahead, important trends include:
- Germany maintaining its leadership while facing potential growth in Eastern Europe, especially Romania and Poland.
- Fluctuations in Western Europe, with countries like the UK and France needing to adapt to shifting industrial demands.
- Portugal's impressive growth suggesting potential for emerging markets in Europe.
Top countries in Sold Production of Wire, Rods, Tubes, Plates, Electrodes, Coated or Cored with Flux Material Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32.08 | 2023 | +3.32% | +0.34% | View data |
| 2 | 2 Italy | 21.72 | 2023 | +1.87% | +0.81% | View data |
| 3 | 3 Netherlands | 9.84 | 2023 | +30.88% | +0.1% | View data |
| 4 | 4 Poland | 9.22 | 2023 | +2.14% | +2.14% | View data |
| 5 | 5 France | 8.71 | 2023 | +24.85% | -2.11% | View data |
| 6 | 6 Romania | 8.3 | 2023 | +5.89% | +6.27% | View data |
| 7 | 7 United Kingdom | 7.04 | 2023 | +2.13% | -3.31% | View data |
| 8 | 8 Portugal | 1.81 | 2023 | +14.27% | +82.05% | View data |
| 9 | 9 Sweden | 1.61 | 2023 | +20.13% | View data | |
| 10 | 10 Croatia | 1.08 | 2023 | +2.05% | +3.43% | View data |
