In 2023, Germany was the dominant importer of open sections cold formed or folded of stainless steel in Europe, accounting for 29.79% of the total imports. The Netherlands, Poland, and Ireland followed with around 9.6% each. Notable year-on-year increases were seen in Germany (20.51%), while significant decreases occurred in Hungary (-29.13%) and Latvia (-21.16%). The compound annual growth rate (CAGR) over the last five years indicates varied but generally positive trends in several countries, reflecting growth in demand or efficiency in trade channels.
Looking forward, trends to watch include:
- Potential growth in German imports as a key player in the market could continue to influence the overall European trend.
- The impact of economic policies and trade agreements on smaller importers, potentially leading to volatility in import shares.
- Technological advancements could drive demand variations among countries as infrastructure and production capabilities evolve.
Top countries in Import of Open Sections Cold Formed or Folded of Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.79 | 2023 | +0.76% | +20.51% | View data |
| 2 | 2 Netherlands | 9.67 | 2023 | +23.99% | +9.61% | View data |
| 3 | 3 Poland | 9.64 | 2023 | +2.51% | -9.01% | View data |
| 4 | 4 Ireland | 9.63 | 2023 | +6.28% | +1.24% | View data |
| 5 | 5 France | 9.58 | 2023 | +4.46% | +1.93% | View data |
| 6 | 6 Austria | 6.63 | 2023 | +5.66% | +3.58% | View data |
| 7 | 7 Italy | 4.41 | 2023 | +8.1% | -2.84% | View data |
| 8 | 8 Belgium | 4.03 | 2023 | +9.3% | -0.45% | View data |
| 9 | 9 United Kingdom | 3.78 | 2023 | -1.57% | -6.32% | View data |
| 10 | 10 Czechia | 3.7 | 2023 |
