Germany holds the largest share of European imports for cold drawn bars and solid profiles of stainless steel, at roughly 37%. However, it experienced a year-on-year decrease of 1.17% in 2023. Noteworthy growth was seen in Luxembourg with a remarkable 23.43% increase, and Malta growing by 16.72%. Portugal and Bulgaria also showed positive swings at 7.95% and 3.54%, respectively. Conversely, Spain and Cyprus saw declines of 5.31% and 18.49%, respectively. The compound annual growth rate (CAGR) for this industry may vary, pointing towards fluctuations and potential for growth in specific regions.
Looking ahead, potential areas of interest include emerging markets in Eastern Europe, where countries are exhibiting strong growth dynamics. Sustainability initiatives and trade relations within the European Union could further influence import trends, necessitating flexible sourcing strategies to accommodate shifting demand and regulatory changes.
Top countries in Import of Cold Drawn Bars and Solid Profiles of Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 36.98 | 2023 | +4.68% | -1.17% | View data |
| 2 | 2 Czechia | 7.44 | 2023 | |||
| 3 | 3 Italy | 7.35 | 2023 | +6.68% | -0.46% | View data |
| 4 | 4 United Kingdom | 7.11 | 2023 | -0.83% | -0.88% | View data |
| 5 | 5 France | 6.89 | 2023 | +6.34% | +0.35% | View data |
| 6 | 6 Netherlands | 5.32 | 2023 | +2.85% | +1.14% | View data |
| 7 | 7 Poland | 5.04 | 2023 | +2.14% | +0.68% | View data |
| 8 | 8 Belgium | 4.39 | 2023 | +8.48% | +0.85% | View data |
| 9 | 9 Spain | 3.42 | 2023 | +7.41% | -5.31% | View data |
| 10 | 10 Sweden | 2.4 | 2023 | +6.14% | -0.99% | View data |
