Between 2013 and 2023, Portugal's market for non-alloy steel flat-rolled products with a width of at least 600 mm and not further worked than cold-rolled showed a fluctuating trend. From 2013, there was a rise until 2015, followed by a decline until 2021. Though a slight recovery occurred in 2022 and 2023, the volumes remained below their peak. The market volume in 2023 stood at 159.39 million kilograms. Year-on-year variations indicated a recovery trend recently, with the CAGR over the last five years showing a decrease of 2.95% annually on average, reflecting an overall contraction.
Future trends to watch for include potential stabilization or further growth supported by technological advancements, industry demand changes, and economic recovery efforts. Keeping an eye on trade policies and global steel markets will also be critical to predicting the market's further shifts in Portugal.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,193,400,000 | 2023 | -2.4% | -2.35% | View data |
| 2 | 2 Spain | 1,651,100,000 | 2023 | +0.2% | +0.06% | View data |
| 3 | 3 Poland | 1,171,400,000 | 2023 | +1.55% | +0.63% | View data |
| 4 | 4 Czech Republic | 637,260,000 | 2023 | +2.07% | +2.32% | View data |
| 5 | 5 Hungary | 488,210,000 | 2023 | -2.86% | -2.37% | View data |
| 6 | 6 Portugal | 159,390,000 | 2023 | +1.69% | -2.95% | |
| 7 | 7 Ireland | 14,980,000 | 2023 | +2.1% | +2.82% | View data |
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