In 2023, Spain dominated the European sold production of large welded tubes and pipes, valued at 267.65 million euros, showing a significant year-on-year growth of 54.94%. In contrast, Germany and the United Kingdom saw declines of 2.6% and 4.69% respectively. Italy reported a notable increase of 33.59%, while Finland and Poland experienced modest growth. Nevertheless, Denmark, France, and Hungary showed minimal growth. Over the longer term, Germany and the UK are experiencing stagnation, while other countries reflect fluctuating trends. Average annual growth varies but highlights Spain and Italy as growth front-runners.
Looking ahead, advancements in green manufacturing and infrastructure projects will impact production dynamics across Europe. Demand for sustainable steel and innovations in welding technology could reshape the market, offering potential growth in eco-centric countries. Additionally, geopolitical factors and trade regulations could influence production distribution in the coming years.
Top countries in Sold Production of Tubes and Pipes, Welded, of an External Diameter More than 406,4 mm of Steel by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 267,650,000 | 2023 | +24.66% | +54.94% | View data |
| 2 | 2 Germany | 232,160,000 | 2023 | -3.81% | -2.6% | View data |
| 3 | 3 Italy | 154,400,000 | 2023 | +20.9% | +33.59% | View data |
| 4 | 4 Finland | 65,301,000 | 2023 | +8.89% | +3.69% | View data |
| 5 | 5 United Kingdom | 64,754,000 | 2023 | +4.25% | -4.69% | View data |
| 6 | 6 Poland | 61,607,000 | 2023 | +2.51% | +4.54% | View data |
| 7 | 7 Denmark | 3,665,100 | 2023 | +1.58% | +1.92% | View data |
| 8 | 8 France | 3,069,800 | 2023 | +11.54% | +0.69% | View data |
| 9 | 9 Hungary | 150,210 | 2023 | +3.91% | +5.39% | View data |
