In 2023, Germany led the European export market for H-sections with a web height of 80 mm or more of non-alloy steel, commanding a 33.17% share. Luxembourg followed closely with 29.71%, while Spain accounted for 22.3%. Notably, Germany and Romania showed positive growth, with 3.24% and 3.11% year-on-year increases respectively. Conversely, countries like Latvia and Slovakia experienced significant declines, at -39.5% and -20.61%. The market dynamics reveal an increase in exports among leading producers, but a mixed performance overall, with many smaller exporters facing declines.
Future trends to watch include potential shifts in export leadership, particularly if Germany continues its growth trajectory. Additionally, trade policies and economic conditions within Europe may impact smaller exporters. The adaptation of sustainable practices and advanced steel production technologies could also influence future market shares.
Top countries in Export of H-Sections of a Web Height of 80 mm or More of Non-Alloy Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.17 | 2023 | +13.85% | +3.24% | View data |
| 2 | 2 Luxembourg | 29.71 | 2023 | +5.71% | +2.69% | View data |
| 3 | 3 Spain | 22.3 | 2023 | +7.26% | -0.73% | View data |
| 4 | 4 Italy | 7.53 | 2022 | -100% | -100% | View data |
| 5 | 5 Poland | 3.86 | 2023 | -2.99% | -3.76% | View data |
| 6 | 6 United Kingdom | 1.99 | 2023 | -7.04% | -13.93% | View data |
| 7 | 7 Netherlands | 1.95 | 2023 | +2.43% | -2.28% | View data |
| 8 | 8 Romania | 1.73 | 2023 | +3.9% | +3.11% | View data |
| 9 | 9 Austria | 0.9 | 2023 | +1.64% | -3.44% | View data |
| 10 | 10 Belgium | 0.5 | 2023 | -2.54% | -0.7% | View data |
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