In 2023, Portugal led the European market with a substantial share of 49.71% in the production of base metal flexible tubing by kilograms, followed by Italy at 38.62%, and France at 7.28%. Other countries held significantly smaller shares, with Denmark at 2.99%, Bulgaria at 1.3%, and Slovakia at 0.26%. Despite fluctuations in the market, France experienced a slight increase of 0.47%, whereas Bulgaria showed the highest positive growth with 2.44%, and Slovakia saw a surge of 7.21%. Most other countries, including Portugal, Italy, and Lithuania, experienced declines in production shares.
Looking ahead, the European market is poised for potential redistribution of production shares, influenced by technological advancements and shifts in demand. Portugal's dominance may face challenges from emerging capabilities in Eastern Europe, notably Bulgaria and Slovakia, as they continue to exhibit stronger growth trajectories. Observing shifts in environmental regulations and their impact on production processes will also be crucial for forecasting long-term trends in this sector.
Top countries in Sold Production of Base Metal Flexible Tubing Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 49.71 | 2023 | +23.65% | -2.01% | View data |
| 2 | 2 Italy | 38.62 | 2023 | +1.31% | -2.79% | View data |
| 3 | 3 France | 7.28 | 2023 | +8.99% | +0.47% | View data |
| 4 | 4 Denmark | 2.99 | 2023 | +6.28% | -2.52% | View data |
| 5 | 5 Bulgaria | 1.3 | 2023 | +2.88% | +2.44% | View data |
| 6 | 6 Slovakia | 0.26 | 2023 | +6.28% | +7.21% | View data |
| 7 | 7 Spain | 0.2 | 2021 | -62.35% | -19.56% | View data |
| 8 | 8 Germany | 0.16 | 2021 | +12.86% | View data | |
| 9 | 9 Estonia | 0.097 | 2023 | +18.36% | View data | |
| 10 | 10 Lithuania | 0.005 | 2023 | -13.08% | -8.56% | View data |
