In 2023, Germany led European sold production of iron or steel flexible tubing, holding 42.9% of market share. Italy and France followed with 19.94% and 13.06%, respectively. Notably, Germany grew by 1.12%, while Italy saw a decline of 2.68%. France showed a positive trend with a 3.25% increase. Belgium and Denmark experienced significant growth rates of 25.12% and 454.28%, respectively, indicating emerging strengths. In contrast, the United Kingdom marginally decreased by 0.12%.
Future trends to watch include:
- Germany maintaining market dominance but facing potential competition from emerging markets.
- Denmark's growth trajectory offering significant potential for increased production output.
- Attention to Italy's declining trend, suggesting a possible need for market stimulation strategies.
- Continued monitoring of smaller markets like Belgium and Finland, which display strong growth potential.
Top countries in Sold Production of Iron or Steel Flexible Tubing Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 42.9 | 2023 | +5.21% | +1.12% | View data |
| 2 | 2 Italy | 19.94 | 2023 | +12.7% | -2.68% | View data |
| 3 | 3 France | 13.06 | 2023 | -0.53% | +3.25% | View data |
| 4 | 4 Czechia | 7.82 | 2023 | |||
| 5 | 5 United Kingdom | 5.05 | 2023 | +0.42% | -0.12% | View data |
| 6 | 6 Spain | 4.62 | 2023 | +7.13% | +3.06% | View data |
| 7 | 7 Netherlands | 3.12 | 2023 | +8.24% | +3.38% | View data |
| 8 | 8 Belgium | 1.74 | 2023 | +19.69% | +25.12% | View data |
| 9 | 9 Portugal | 1.71 | 2023 | +3.42% | +5.26% | View data |
| 10 | 10 Finland | 0.92 | 2023 | +2.11% | +8.97% | View data |
