The European import of large diameter steel tubes and pipes reveals substantial activity in 2023, with the United Kingdom leading in volume but experiencing a significant year-on-year decline of 17.64%. Conversely, Germany showed a remarkable growth, increasing imports by 479.54%. Ireland, Slovakia, and especially Malta displayed notable growth. Italy and Finland also experienced positive trends, contrasting with declines in Poland, Latvia, Lithuania, Croatia, and Cyprus. Over five years, varying CAGRs suggest both market volatility and growth potential across different countries.
Future trends to watch for include:
- Potential recovery or further declines in the UK market.
- Sustained growth in Germany, potentially driving up EU demand.
- Continued volatility in smaller markets such as Malta and Ireland, affecting overall EU import dynamics.
- Impact of geopolitical and economic factors on trade relationships and steel supply chains within Europe.
Top countries in Import of Tubes and Pipes, Riveted or Similarly Closed, of an External Diameter More than 406,4 mm of Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 4,702,600 | 2023 | +2.27% | -17.64% | View data |
| 2 | 2 Sweden | 1,851,100 | 2023 | +6.51% | +11.06% | View data |
| 3 | 3 Ireland | 1,108,400 | 2023 | +41.26% | +137.17% | View data |
| 4 | 4 Poland | 949,220 | 2023 | +1.09% | -12.97% | View data |
| 5 | 5 Germany | 912,140 | 2023 | +36.39% | +479.54% | View data |
| 6 | 6 France | 808,250 | 2021 | +131.06% | -22.23% | View data |
| 7 | 7 Austria | 650,580 | 2023 | +14.41% | +2.09% | View data |
| 8 | 8 Italy | 467,260 | 2023 | +11.54% | +53.19% | View data |
| 9 | 9 Belgium | 420,710 | 2023 | -73.15% | +2.45% | View data |
| 10 | 10 Slovakia | 387,910 | 2023 | +6.72% | +40.11% | View data |
