In 2023, Spain led the European market for the production of iron or steel towers and lattice masts with a share of 23.15%, marking a 7.16% increase over the previous year. Germany followed with an 18.84% share, experiencing a marginal decline of 0.078%. Italy and Poland held significant portions too, though Italy's share fell 4.56% while Poland's rose by 0.46%. Notably, Romania saw a remarkable 24.47% increase. Conversely, Finland's production share dropped drastically by 45.13%, while Estonia's rose by 102.93%, though remaining a small player in the market.
Future trends to watch include the expected growth in renewable energy projects, particularly wind energy, which could drive demand for steel towers across Europe. Spain and Germany are likely to continue as key players, but emerging markets like Romania could gain traction. Sustainability initiatives and technological advancements will play crucial roles in shaping future production capacities and market dynamics.
Top countries in Sold Production of Iron or Steel Towers and Lattice Masts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 23.15 | 2023 | +4.46% | +7.16% | View data |
| 2 | 2 Germany | 18.84 | 2023 | +10.62% | -0.078% | View data |
| 3 | 3 Italy | 14.75 | 2023 | +7.89% | -4.56% | View data |
| 4 | 4 Poland | 13.41 | 2023 | +1.31% | +0.46% | View data |
| 5 | 5 Portugal | 6.19 | 2023 | +2.4% | -0.045% | View data |
| 6 | 6 Netherlands | 4.02 | 2023 | +0.53% | +1.68% | View data |
| 7 | 7 France | 3.11 | 2023 | -1.3% | +0.87% | View data |
| 8 | 8 Czechia | 2.53 | 2023 | |||
| 9 | 9 Romania | 2.44 | 2023 | +3.87% | +24.47% | View data |
| 10 | 10 Hungary | 2.29 | 2023 | +2.82% | -3.84% | View data |
