Germany leads the European export of open sections of stainless steel with 17.428 million kilograms, showing a strong growth rate of 31.48% year-on-year. Italy follows with 8.4697 million kilograms and a minimal increase of 0.23%. The Netherlands and Poland exhibit moderate growth at 4.3485 and 2.3867 million kilograms, respectively. Belgium and Ireland show significant gains, with Ireland experiencing a remarkable increase of 164.11%. In contrast, the United Kingdom, Austria, and several other countries show declines in their export volumes. Croatia demonstrates substantial growth of 75.53%, albeit from a lower base.
Future trends to watch for include:
- Diversification of export markets as Germany continues its strong growth trajectory.
- Potential recovery and stabilization for countries with declining exports, such as Greece and Finland.
- Impact of environmental regulations on production and export capacities.
- Technological advancements in production processes boosting exports.
Top countries in Export of Open Sections, Not Further Worked than Hot-Rolled, Hot-Drawn or Extruded of Stainless Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17,428,000 | 2023 | +24.33% | +31.48% | View data |
| 2 | 2 Italy | 8,469,700 | 2023 | +0.41% | +0.23% | View data |
| 3 | 3 Netherlands | 4,348,500 | 2023 | +7.03% | +1.41% | View data |
| 4 | 4 Poland | 2,386,700 | 2023 | +1.23% | +7.91% | View data |
| 5 | 5 Belgium | 2,347,000 | 2023 | +6.61% | +7.6% | View data |
| 6 | 6 Sweden | 1,061,500 | 2021 | +2.25% | -9.04% | View data |
| 7 | 7 United Kingdom | 874,040 | 2023 | -16.25% | -9.59% | View data |
| 8 | 8 Denmark | 850,540 | 2023 | +0.061% | +0.31% | View data |
| 9 | 9 Austria | 715,970 | 2023 | -9.87% | -9.55% | View data |
| 10 | 10 Portugal | 437,210 | 2023 | -2.08% | +4.8% | View data |
