The Steel Tubes, Pipes, Hollow Profiles, and Related Fittings Manufacturing market in Belgium demonstrated fluctuating trends between 2013 and 2023, measured in volume. In 2023, the market size stood at 218.18 million kilograms. The late 2010s marked a decline, notably diving by 14.6% in 2019. However, a modest recovery occurred, with slight growth observed in 2020 and 2021. The market experienced an average decrease per year, with a five-year CAGR of -1.81% by 2023.
Looking ahead, potential growth may stem from technological advancements and increasing demand in construction sectors. Key trends to monitor include regulatory shifts and raw material availability influencing market dynamics.
How does Belgium rank in Steel Tubes, Pipes, Hollow Profiles and Related Fittings Manufacturing Market Size Volume?
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4,789,900,000 | 2023 | +3.02% | +0.23% | View data |
| 2 | 2 Germany | 2,330,400,000 | 2023 | +3.73% | -0.24% | View data |
| 3 | 3 France | 1,336,200,000 | 2023 | +2.99% | +0.98% | View data |
| 4 | 4 Spain | 1,086,600,000 | 2023 | +1.95% | +2.65% | View data |
| 5 | 5 Poland | 741,080,000 | 2023 | +4.43% | -2.07% | View data |
| 6 | 6 Belgium | 218,180,000 | 2023 | +0.3% | -1.81% | |
| 7 | 7 Lithuania | 140,060,000 | 2023 | +4.83% | +4.36% | View data |
| 8 | 8 Ireland | 117,690,000 | 2023 | +4.04% | +5% | View data |
