In 2023, Germany led the European production of cold-rolled narrow strips of non-alloy steel, with a value of 935.72 million euros. Italy followed with 416.24 million euros. Portugal and Spain showed notable figures with 179.4 million euros and 153.7 million euros, respectively. The overall production landscape showed mixed trends: Germany experienced a slight dip of 0.74%, while Italy saw a significant decrease of 9.71%. Spain, however, recorded a positive growth of 4.63%. France faced a sharp decline of 26.57%, while Portugal's production remained stable.
Looking ahead, the following trends should be monitored:
- Potential recovery or stabilization in countries that have experienced recent declines.
- The impact of increasing demand for sustainable and efficient production methods on the industry.
- Economic changes in Europe that might drive demand or bring about policy shifts affecting production.
Top countries in Sold Production of Cold-Rolled Narrow Strip of Non-Alloy Steel, Containing by Weight Less than 0,25% of Carbon by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 935,720,000 | 2023 | +4.75% | -0.74% | View data |
| 2 | 2 Italy | 416,240,000 | 2023 | +9.88% | -9.71% | View data |
| 3 | 3 Portugal | 179,400,000 | 2023 | +6.54% | View data | |
| 4 | 4 Spain | 153,700,000 | 2023 | +1.04% | +4.63% | View data |
| 5 | 5 Czechia | 48,090,000 | 2023 | |||
| 6 | 6 Poland | 33,533,000 | 2023 | +1.46% | -0.26% | View data |
| 7 | 7 France | 2,806,200 | 2023 | -41.96% | -26.57% | View data |
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