In 2023, Germany led the production value of European steel drums and similar containers with 716.5 million Euros, followed by Poland and Italy. Key growth was observed in countries like Belgium (3.19%) and Czech Republic (4.06%), while prominent declines were noted in Finland (-11.74%) and Greece (-4.21%). Notably, Serbia experienced a significant increase of 57.07% year-on-year.
Future trends to monitor include the impact of sustainability and regulatory changes on production practices, potential fluctuations in raw material costs, and technological advancements in production processes across Europe.
Top countries in Steel Drums and Similar Containers Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 716.5 | 2023 | +4.81% | -0.62% | View data |
| 2 | 2 Poland | 610.9 | 2023 | +1.88% | -1.46% | View data |
| 3 | 3 Italy | 523.5 | 2023 | +3.32% | -0.51% | View data |
| 4 | 4 Spain | 223.2 | 2023 | +4.79% | -2.41% | View data |
| 5 | 5 France | 215.6 | 2023 | -0.093% | -1.9% | View data |
| 6 | 6 United Kingdom | 195 | 2023 | +1.56% | -0.12% | View data |
| 7 | 7 Belgium | 139.8 | 2023 | +8.54% | +3.19% | View data |
| 8 | 8 Czech Republic | 119.5 | 2023 | +12.42% | +4.06% | View data |
| 9 | 9 Portugal | 55.7 | 2023 | +2.01% | +4.31% | View data |
| 10 | 10 Hungary | 54.6 | 2023 | +6.23% | +2.65% | View data |