In 2023, Germany led the European cold rolling of narrow strip sector with 5.17 thousand employees, despite a 2.57% decline. Italy followed with 1.25 thousand, also seeing a decrease of 4.95%. Romania increased by 3.78%, employing 0.874 thousand workers. Greece experienced the highest growth at 51.31%, totaling 0.46 thousand employees. Portugal and Hungary saw increases of 4.61% and 14.47%, with 0.332 and 0.114 thousand workers respectively. Spain and France both reported reductions of 6.83% and 21.1%. Norway remained stable with 0.008 thousand employees.
Future trends to watch for in this sector include technological advancements impacting labor demand and shifts in production centers potentially affecting employment distribution across these countries. Additionally, sustainability initiatives may further modify workforce requirements.
Top countries in Cold Rolling of Narrow Strip Number of Persons Employed by Country
| # | 9 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,170 | 2023 | -2.43% | -2.57% | View data |
| 2 | 2 Italy | 1,250 | 2023 | -3.17% | -4.95% | View data |
| 3 | 3 Romania | 874 | 2023 | +2.58% | +3.78% | View data |
| 4 | 4 Greece | 460 | 2023 | +24.32% | +51.31% | View data |
| 5 | 5 Portugal | 332 | 2023 | +4.08% | +4.61% | View data |
| 6 | 6 Spain | 330 | 2023 | -15.38% | -6.83% | View data |
| 7 | 7 Hungary | 114 | 2023 | +3.64% | +14.47% | View data |
| 8 | 8 France | 85 | 2023 | -36.09% | -21.1% | View data |
| 9 | 9 Norway | 8 | 2023 | 0% | 0% | View data |
