The Netherlands leads Europe's export market for steel sheet and strip, capturing the largest share among its peers, though it showed a slight decline in forecasted growth. Germany exhibited a steady increase, while Austria and Italy saw reductions in export value. Hungary, Latvia, and Luxembourg experienced noteworthy growth, in stark contrast to Portugal, Belgium, and Greece, which faced complete export cessation. The United Kingdom and Spain also showed significant declines. Denmark's exports surged dramatically, albeit from a low base.
Future trends suggest a potential consolidation of the market with key players potentially expanding their share. The rising trend in some Eastern European countries like Latvia and Hungary indicates an ongoing shift. Renewable energy demands and sustainable production methods could shape future export dynamics. Monitoring geopolitical and economic factors will be pivotal in this sector's evolution.
Top countries in Export of Steel Sheet and Strip As Well As Cold-Rolled Slit Strip (of Non-Alloy Steel), Hot-Dipped or Electrolytically Metal-Coated Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 34.68 | 2023 | +8.43% | -0.1% | View data |
| 2 | 2 Germany | 13.58 | 2023 | -0.097% | +3.75% | View data |
| 3 | 3 Austria | 12.66 | 2023 | -1.93% | -3.02% | View data |
| 4 | 4 Slovakia | 12.56 | 2023 | +2.92% | +1.5% | View data |
| 5 | 5 Italy | 11.94 | 2023 | +20.6% | -5.46% | View data |
| 6 | 6 Hungary | 6.21 | 2023 | +6.26% | +5.95% | View data |
| 7 | 7 Czechia | 4.89 | 2023 | |||
| 8 | 8 Spain | 4.03 | 2023 | +98.47% | -15.04% | View data |
| 9 | 9 Sweden | 3.93 | 2023 | +0.79% | -0.065% | View data |
| 10 | 10 Poland | 3.43 | 2023 | +3.07% | +2.28% | View data |
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