In 2023, Germany led in the export of cold-formed sections from flat products of stainless steel, holding a significant market share of 51.22% by kilograms, followed by Italy at 41.14% and France at 8.54%. While Germany's growth was moderate with a year-on-year variation of 3.76%, Italy experienced a robust rise of 34.07%. Notably, Bulgaria saw a dramatic increase of 182.92%. Meanwhile, the Netherlands, Greece, and Latvia experienced declines in their export shares, reflected in negative growth rates.
Future trends to watch include potential shifts due to technological advancements, environmental regulations influencing production, and geopolitical factors affecting trade relations. Particularly, Italy's aggressive growth suggests an emerging competitiveness that could alter market dynamics. Monitoring these factors will be key in anticipating changes in export distribution by country.
Top countries in Export of Cold-Formed Sections, Obtained from Flat Products, of Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 51.22 | 2023 | +2.89% | +3.76% | View data |
| 2 | 2 Italy | 41.14 | 2023 | -9.15% | +34.07% | View data |
| 3 | 3 France | 8.54 | 2023 | +10.09% | View data | |
| 4 | 4 Austria | 1.31 | 2023 | +1.69% | -2.05% | View data |
| 5 | 5 Spain | 0.84 | 2023 | -81.84% | +26.34% | View data |
| 6 | 6 Portugal | 0.71 | 2023 | -37.83% | View data | |
| 7 | 7 Sweden | 0.53 | 2023 | +0.6% | +4.15% | View data |
| 8 | 8 Czechia | 0.44 | 2023 | |||
| 9 | 9 Belgium | 0.41 | 2023 | +16.01% | +6.27% | View data |
| 10 | 10 Finland | 0.37 | 2023 | +18.95% | +29.44% | View data |
