In 2023, Germany led European Structural Metal Products turnover with €31.26 billion, showing a slight growth of 1.1% year-over-year. Italy's turnover declined by 3.28% to €17.1 billion, while France experienced a modest rise of 1.2% reaching €15.8 billion. Poland and the United Kingdom demonstrated mixed results with 2.04% growth and a slight dip of -0.5% respectively. Portugal and Denmark showed notable increases of 2.14% and 2.33% respectively. Among smaller economies, Serbia and Bosnia and Herzegovina posted remarkable growth rates of 8.76% and 7.07% respectively, while Bulgaria saw a decrease of -4.73%.
Future trends to watch include potential impacts of geopolitical tensions and supply chain constraints on key markets like Germany and Italy. Additionally, sustainability initiatives could drive investment in green technologies, altering market dynamics in the sector. Advanced manufacturing technologies and increased automation also have the potential to influence productivity and turnover rates across various countries.
Top countries in Structural Metal Products Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,260 | 2023 | +1.01% | +1.1% | View data |
| 2 | 2 Italy | 17,100 | 2023 | -2.63% | -3.28% | View data |
| 3 | 3 France | 15,800 | 2023 | +1.6% | +1.2% | View data |
| 4 | 4 Poland | 11,520 | 2023 | +3.91% | +2.04% | View data |
| 5 | 5 United Kingdom | 11,010 | 2023 | -0.18% | -0.5% | View data |
| 6 | 6 Spain | 9,760 | 2023 | -6.52% | -2.41% | View data |
| 7 | 7 Netherlands | 8,450 | 2023 | -0.037% | -0.14% | View data |
| 8 | 8 Switzerland | 4,810 | 2023 | +2.33% | +3.72% | View data |
| 9 | 9 Belgium | 4,680 | 2023 | -2.36% | +0.087% | View data |
| 10 | 10 Austria | 4,330 | 2023 | +0.81% | -0.15% | View data |
