Germany led European exports of precision tubes and pipes of circular cross-section in 2023, contributing 36.74% of the total by weight. Italy followed with 27.74%, displaying a significant year-on-year increase of 10.26%. Notable increases were also seen in Croatia (11.58%) and Hungary (5.13%). France and Slovakia accounted for 8.24% and 7.65%, respectively, with modest changes. Romania's share was 5.79% with slight growth. Smaller contributors include Austria, Spain, and the Netherlands. Several countries experienced decreases, most significantly Belgium (-40.36%) and Estonia (-23.7%).
Future trends to watch include Italy's continued growth and Germany's evolving market dynamics. Emerging markets with notable growth potential, such as Croatia and Hungary, may gain greater significance. Observing challenges affecting Belgium and Estonia might present insights into stabilizing their export shares. Furthermore, overall European sustainability efforts could impact material demand and production methods.
Top countries in Export of Precision Tubes and Pipes of Circular Cross-Section, Cold-Drawn or Cold-Rolled, Seamless of Steel Other than Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 36.74 | 2023 | -1.6% | -1.56% | View data |
| 2 | 2 Italy | 27.74 | 2023 | +0.55% | +10.26% | View data |
| 3 | 3 France | 8.24 | 2023 | +8.07% | +4.62% | View data |
| 4 | 4 Slovakia | 7.65 | 2023 | +0.16% | -0.076% | View data |
| 5 | 5 Romania | 5.79 | 2023 | +2.4% | +0.73% | View data |
| 6 | 6 Austria | 2.76 | 2023 | +5.53% | -2.64% | View data |
| 7 | 7 Spain | 2.43 | 2023 | +2.02% | -4.55% | View data |
| 8 | 8 Netherlands | 2.3 | 2023 | +7.26% | -4.38% | View data |
| 9 | 9 Croatia | 0.69 | 2023 | +6.28% | +11.58% | View data |
| 10 | 10 Hungary | 0.58 | 2023 | +4.81% | +5.13% | View data |
