In 2023, the European market for Non-Alloy Steel Flat-Rolled Products at least 600 mm in width and clad, plated, or coated was led by Germany, holding a market share volume of 31.84%. Italy followed with 25.93%, while Poland accounted for 17.42%. The Czech Republic and Sweden captured smaller shares at 6.12% and 4.52%, respectively. Notably, Romania demonstrated a significant year-on-year volume increase of 6.81%, while Germany experienced a decline of 1.9%. Future growth varies, with Portugal's volume increasing by 2.5%, juxtaposed with declines in Germany and the Czech Republic.
Future trends to observe in the market include:
- The potential impact of technological advancements on production efficiency and cost.
- Regulatory changes affecting the production and transportation of steel products.
- Increasing demand for sustainable and eco-friendly steel production processes.
- Shifts in global supply chains affecting the availability and cost of raw materials.
Top countries in Non-Alloy Steel Flat-Rolled Products at Least 600 Mm in Width and Clad, Plated or Coated Market Size Volume Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.84 | 2023 | -1.61% | -1.9% | View data |
| 2 | 2 Italy | 25.93 | 2023 | +0.8% | +0.39% | View data |
| 3 | 3 Poland | 17.42 | 2023 | +3.07% | +1.56% | View data |
| 4 | 4 Czech Republic | 6.12 | 2023 | -1.11% | -1.56% | View data |
| 5 | 5 Sweden | 4.52 | 2023 | +0.13% | +0.89% | View data |
| 6 | 6 Portugal | 4.48 | 2023 | +3.29% | +2.5% | View data |
| 7 | 7 Romania | 3.67 | 2023 | +5.44% | +6.81% | View data |
| 8 | 8 Greece | 2.12 | 2023 | +3.03% | +2.7% | View data |
| 9 | 9 Hungary | 1.54 | 2023 | -1.82% | -1.8% | View data |
| 10 | 10 Denmark | 1.17 | 2023 | +1% | +0.61% | View data |
