In 2023, Germany led the European import market for hot-rolled flat products in coil of stainless steel of a width less than 600 mm, holding a 17.77% share. Poland and Austria also had significant shares, with 14.48% and 9.73%, respectively. Finland, Sweden, and Italy followed closely. Year-on-year changes from 2023 reveal notable increases in Finland at 34.7% and Poland at 20.8%, whereas Greece experienced the largest decline at 25.86%. Over the last five years, the compound annual growth rate (CAGR) indicates progressive growth in most European countries, except for slight contractions in some smaller markets.
Future trends to watch include continued growth in sustainable and lightweight materials, shifts in demand driven by technological advancements, and potential impacts from geopolitical instability. Environmental regulations and shifts towards local production might also influence import dynamics, potentially altering market shares. Monitoring these trends will provide insights into future consumption patterns and market opportunities in Europe.
Top countries in Import of Hot-Rolled Flat Products in Coil of Stainless Steel of a Width Less than 600 mm Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.77 | 2023 | -1.2% | +0.091% | View data |
| 2 | 2 Poland | 14.48 | 2023 | +4.46% | +20.8% | View data |
| 3 | 3 Austria | 9.73 | 2023 | -0.9% | +0.11% | View data |
| 4 | 4 Finland | 9.4 | 2023 | +39.83% | +34.7% | View data |
| 5 | 5 Sweden | 7.87 | 2023 | +9.41% | +3.73% | View data |
| 6 | 6 Italy | 6.99 | 2021 | +137.17% | +21.2% | View data |
| 7 | 7 Spain | 6.69 | 2023 | +22.94% | +1.9% | View data |
| 8 | 8 Netherlands | 5.45 | 2023 | +15.58% | +1.46% | View data |
| 9 | 9 United Kingdom | 4.97 | 2023 | -5.18% | -1.83% | View data |
| 10 | 10 Denmark | 4.52 | 2023 | -3.05% | +5.31% | View data |
