In 2023, Italy dominated the European market for iron or steel flexible tubing, accounting for the vast majority of production at 89.85 kilograms. Germany followed with a significantly smaller share of 0.83 kilograms. Other notable contributors included Spain and Portugal, with minor shares, while countries like Estonia and Denmark contributed minimally. Key year-on-year variations include substantial growth in Denmark and Finland, while Portugal and Poland saw declines. Over the past five years, production has varied across countries, with some showing growth and others reduction in output. Belgium demonstrated notable growth trends with a 24.91% increase in 2023.
Future trends to watch for include:
- Continued dominance of Italy and whether other nations increase their market shares.
- Potential fluctuations in Germany's production due to economic or industrial changes.
- Emerging growth in smaller markets, particularly Denmark, given their recent increases.
- Impact of regulatory and environmental considerations on production practices across Europe.
Top countries in Sold Production of Iron or Steel Flexible Tubing Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 89.85 | 2023 | +42.64% | +9.81% | View data |
| 2 | 2 Germany | 0.83 | 2023 | +6.64% | +0.65% | View data |
| 3 | 3 Spain | 0.59 | 2023 | +17.91% | +5.27% | View data |
| 4 | 4 Portugal | 0.45 | 2023 | +0.92% | -7.11% | View data |
| 5 | 5 France | 0.32 | 2023 | -6.75% | +0.33% | View data |
| 6 | 6 United Kingdom | 0.25 | 2023 | +1.41% | +0.054% | View data |
| 7 | 7 Czechia | 0.17 | 2023 | |||
| 8 | 8 Belgium | 0.073 | 2023 | +19.42% | +24.91% | View data |
| 9 | 9 Finland | 0.021 | 2023 | +6% | +11.45% | View data |
| 10 | 10 Slovakia | 0.013 | 2023 | +2.75% | +0.22% | View data |
