In 2023, Germany led European imports of flat rolled products of stainless steel (<600 mm width) at 17.97% share, closely followed by Poland (14.64%) and Austria (9.83%). Finland saw significant growth with a 36.42% increase, while Poland had a 20.8% rise. Conversely, Greece and Latvia experienced notable declines of -25.86% and -19.33%, respectively. Major economies like the UK and France showed slight negative trends. The overall CAGR over the past five years points toward moderate growth with Poland and Finland as standout performers.
Looking forward, supply chain adjustments and demand recovery post-pandemic are critical trends. Eastern European countries may gain more market share due to competitive pricing and production efficiencies.
Top countries in Import of Flat Rolled Products of Stainless Steel of a Width LessThan 600 mm Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.97 | 2023 | -1.2% | +0.091% | View data |
| 2 | 2 Poland | 14.64 | 2023 | +4.46% | +20.8% | View data |
| 3 | 3 Austria | 9.83 | 2023 | -0.9% | +0.11% | View data |
| 4 | 4 Finland | 8.92 | 2023 | +41.62% | +36.42% | View data |
| 5 | 5 Sweden | 7.96 | 2023 | +9.41% | +3.73% | View data |
| 6 | 6 Italy | 7.07 | 2021 | +137.17% | +21.2% | View data |
| 7 | 7 Spain | 6.76 | 2023 | +22.94% | +1.9% | View data |
| 8 | 8 Netherlands | 5.51 | 2023 | +15.58% | +1.46% | View data |
| 9 | 9 United Kingdom | 5.02 | 2023 | -5.18% | -1.83% | View data |
| 10 | 10 Denmark | 4.57 | 2023 | -3.05% | +5.31% | View data |