In 2023, Germany led European production of hot-finished, seamless steel tubes and pipes of circular cross-section, excluding stainless steel, with 603.38 million kilograms, although it saw a decline of 4.22% from the previous year. Italy followed with 464.79 million kilograms, experiencing a significant year-on-year growth of 18.9%. Spain ranked third with steady growth at 5.12%, producing 217.09 million kilograms. Despite smaller scales, Denmark showed the highest growth rate at 23.06%. Other countries like Czechia, France, and Hungary played minor roles in the market, with France and Hungary showing marginal or stable volumes.
Future trends to watch include:
- Germany's recovery and potential innovation in manufacturing to regain momentum.
- Sustainable growth trajectories in Italy and Spain driven by technological advancements.
- Denmark's emerging role, likely bolstered by niche markets or process efficiencies.
- Potential impacts of regulation and trade policies across Europe.
Top countries in Sold Production of Tubes and Pipes of Circular Cross-Section, Hot-Finished, Seamless of Steel Other than Stainless Steel by Country
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 603,380,000 | 2023 | +0.33% | -4.22% | View data |
| 2 | 2 Italy | 464,790,000 | 2023 | +9.93% | +18.9% | View data |
| 3 | 3 Spain | 217,090,000 | 2023 | +16.05% | +5.12% | View data |
| 4 | 4 Czechia | 182,460,000 | 2023 | |||
| 5 | 5 France | 28,675,000 | 2021 | -20.45% | -18.51% | View data |
| 6 | 6 Hungary | 199,240 | 2023 | +7.47% | View data | |
| 7 | 7 Denmark | 108,370 | 2023 | +20.49% | +23.06% | View data |
