In 2023, Italy led European exports of steel tubes and pipes with 35.78%, although experiencing a decline of 3.69% from the previous year. Germany, Austria, and Bulgaria followed, with Bulgaria seeing a notable increase of 5.24%. Spain and Slovenia marked significant positive change at 7.43% and 7.25% respectively, while Finland drastically rose by 434.21%. The United Kingdom fell by 0.99%, and Belgium saw a large decrease at 8.02%. Over the past five years, Poland, Portugal, and Croatia have had steady growth, showing resilience and potential for future stability in exports.
Future trends to watch include the increasing market share of countries like Spain and Slovenia, which have shown strong year-on-year growth. Sustainability and innovation in production methods could significantly influence market dynamics. Demand from non-European countries, coupled with geopolitical factors and import/export regulations, could also affect this sector's landscape.
Top countries in Export of Steel Tubes and Pipes, of Non-Circular Cross-Section, Welded of an External Diameter Less than 406,4 mm Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 35.78 | 2023 | -4.9% | -3.69% | View data |
| 2 | 2 Germany | 8.32 | 2023 | +4.2% | +0.81% | View data |
| 3 | 3 Austria | 7.48 | 2023 | +2.84% | -1.25% | View data |
| 4 | 4 Bulgaria | 6.27 | 2023 | +4.12% | +5.24% | View data |
| 5 | 5 Portugal | 6.13 | 2023 | +4.72% | +6.06% | View data |
| 6 | 6 United Kingdom | 5.4 | 2023 | -0.61% | -0.99% | View data |
| 7 | 7 Spain | 5.38 | 2023 | +4.98% | +7.43% | View data |
| 8 | 8 Poland | 3.76 | 2023 | +0.79% | +1.64% | View data |
| 9 | 9 Netherlands | 3.4 | 2023 | -4.08% | -5.44% | View data |
| 10 | 10 Romania | 2.98 | 2023 | +3.99% | +3.41% | View data |
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