In 2023, Germany led European exports of non-alloy steel in ingots and semi-finished products with a share of 29.54%. Poland and France followed with 13.27% and 11.91%, respectively. Year-on-year variation indicates that Germany, France, and the Netherlands saw decreases in exports, with notable declines in Slovakia and the UK. In contrast, Poland, Italy, and Portugal registered growth. Over the past five years, these fluctuations emphasize the region's uneven export performance. A longer-term compound annual growth rate would provide a clearer view of these trends, but substantial short-term variations exist.
Looking ahead, future trends to watch include the geopolitical impacts on trade regulations, the rising demand for eco-friendly steel production, and shifts in global demand that may alter export dynamics across European countries.
Top countries in Export of Non Alloy Steel in Ingots and Semi-Finished Products of Non Alloy Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.54 | 2023 | -0.11% | -2.42% | View data |
| 2 | 2 Poland | 13.27 | 2023 | -1.03% | +2.19% | View data |
| 3 | 3 France | 11.91 | 2023 | -10.42% | -12.49% | View data |
| 4 | 4 Italy | 9.43 | 2023 | +8.31% | +1.58% | View data |
| 5 | 5 Netherlands | 9.27 | 2023 | -6.7% | -5.57% | View data |
| 6 | 6 Portugal | 6.42 | 2023 | +4.78% | +5.42% | View data |
| 7 | 7 Romania | 5.59 | 2023 | +2.76% | -2.61% | View data |
| 8 | 8 Spain | 4.14 | 2023 | +11.44% | +3.66% | View data |
| 9 | 9 Slovakia | 3.66 | 2023 | -7.82% | -18.51% | View data |
| 10 | 10 Sweden | 3.32 | 2023 | +7.8% | +3.13% | View data |
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