European Sold Production of Steel Tubes, Pipes, Hollow Profiles and Related Fittings Share by Country (Euros)

In 2023, Italy led European sold production of steel tubes, pipes, hollow profiles, and related fittings, claiming 42.35% of the market. Germany followed with 26.41%, while Spain and France accounted for 4.88% and 4.17%, respectively. Romania showed significant growth with a 10.16% increase year-on-year. Notably, the Netherlands and Slovakia exhibited impressive growth rates of 27.17% and 71.04%, respectively. Conversely, Spain and Norway experienced declines, with Spain decreasing by 6.17% and Norway by 40.82%. These variations suggest shifting dynamics in Europe's steel industry landscape.

Future trends to watch:

• Continued shifts in market share as Eastern European countries like Romania and Slovakia expand their production capacities.
• The impact of environmental policies on production, potentially fostering technological advancements and efficiency improvements in countries with declining shares like Germany and Spain.
• The influence of global economic conditions and demand fluctuations on smaller market players such as the Netherlands, Sweden, and Ireland, given their recent growth rates.