In 2024, Italy dominates the European export market of steel tubes and pipes with a square or rectangular cross-section, having a wall thickness more than 2 mm, accounting for approximately 41.89% of the export share. The United Kingdom and Portugal follow with 7.81% and 7.09% respectively. From a year-on-year trend analysis in 2023, Italy experienced a decline of 8.51%, while Bulgaria and Slovenia noted substantial growth at 4.84% and 8.65% respectively. Notably, Greece and Spain's exports dropped to zero.
Looking forward, market dynamics may shift with potential expansion in Eastern Europe export activities. Continued growth in Slovenia and resurgent opportunities in Greece and Spain could redefine the competitive landscape. Environmental regulations and advancements in green technology may also impact future export dynamics in the steel industry.
Top countries in Export of Tubes and Pipes, of Square or Rectangular Cross-Section, of a Wall Thickness More than 2 Mm, Hot- or Cold-Formed and Welded of Steel Other than Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 41.89 | 2023 | -0.16% | -8.51% | View data |
| 2 | 2 United Kingdom | 7.81 | 2023 | -1.03% | -0.33% | View data |
| 3 | 3 Portugal | 7.09 | 2023 | -1.51% | +3.5% | View data |
| 4 | 4 Austria | 6.92 | 2023 | +2.63% | +0.98% | View data |
| 5 | 5 Bulgaria | 6.42 | 2023 | +4.24% | +4.84% | View data |
| 6 | 6 Netherlands | 4.98 | 2023 | -2.53% | -3.49% | View data |
| 7 | 7 Germany | 4.67 | 2023 | -1.19% | -2.3% | View data |
| 8 | 8 Romania | 3.78 | 2023 | +4.16% | +4.16% | View data |
| 9 | 9 Poland | 3.69 | 2023 | -0.28% | +0.19% | View data |
| 10 | 10 Hungary | 3.13 | 2023 | +0.15% | +0.28% | View data |