The non-alloy steel flat-rolled products market in Portugal, expressed in Million Kilograms, showed fluctuations in volume over the past decade. In 2023, the market size reached 894.81 million kilograms. The sector underwent notable changes, such as a significant dip in 2020 (-7.6%) but displayed recovery in subsequent years, including a consistent increase in 2022 (3.34%) and 2023 (3.2%). The most recent five-year compound annual growth rate (CAGR) reflects a modest upward trend of 0.82%, signaling gradual recovery and stability over the period.
Future trends to watch for:
- Potential impact of global economic conditions and trade policies on steel demand and supply.
- Technological advancements and shifts towards sustainable and eco-friendly steel production methods.
- Influence of construction and manufacturing industries on market volume growth.
- Monitoring of raw material costs which can affect pricing and market dynamics.
How does Portugal rank in Non-Alloy Steel Flat-Rolled Products at Least 600 Mm in Width Market Size Volume?
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 9,863,200,000 | 2023 | +1.66% | +1.32% | View data |
| 2 | 2 Poland | 4,189,500,000 | 2023 | +1.84% | +1.79% | View data |
| 3 | 3 Spain | 2,331,300,000 | 2023 | -2.22% | +0.34% | View data |
| 4 | 4 Czech Republic | 1,105,100,000 | 2023 | +0.37% | -1.09% | View data |
| 5 | 5 Portugal | 894,810,000 | 2023 | +3.2% | +0.82% | |
| 6 | 6 Denmark | 620,550,000 | 2023 | +2.29% | +3.74% | View data |
| 7 | 7 Greece | 570,660,000 | 2023 | -0.34% | -0.93% | View data |
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