Italy remains the largest importer of silicon-electrical steel flat rolled products in Europe, accounting for 39.74% of imports. Despite this dominant position, Italy faced a slight decline with a year-on-year decrease of 3.2%. France and Czechia follow, comprising 13.11% and 10.41% respectively, with France experiencing a positive growth of 3.75%. Romania, Germany, and Austria show moderate shares, but Austria has seen a notable growth of 5.83%. At the smaller end, Denmark and Lithuania show minimal shares, with Denmark facing a 7.58% decrease year-on-year, while Lithuania remains static.
Future trends to watch include potential recovery or further decline in larger import shares, particularly in Italy. Efforts to stabilize imports in countries with recent declines, such as Poland and Greece, will be of interest. Growth opportunities could be capitalized by countries like Portugal, which experienced significant growth, and Ireland. Market dynamics could also shift with fluctuations in demand across key industries like automotive and energy production.
Top countries in Import of Silicon-Electrical Steel Flat Rolled Products of Width Exceeding 600 mm Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 39.74 | 2023 | -1.38% | -3.2% | View data |
| 2 | 2 France | 13.11 | 2023 | +19.04% | +3.75% | View data |
| 3 | 3 Czechia | 10.41 | 2023 | |||
| 4 | 4 Romania | 9.35 | 2023 | +2.85% | -2.68% | View data |
| 5 | 5 Germany | 4.76 | 2023 | -1.96% | -1.71% | View data |
| 6 | 6 Austria | 3.62 | 2023 | +4.82% | +5.83% | View data |
| 7 | 7 Belgium | 2.9 | 2023 | +7.7% | -0.61% | View data |
| 8 | 8 Hungary | 2.67 | 2023 | +0.4% | -0.21% | View data |
| 9 | 9 Slovenia | 2.24 | 2023 | +3.3% | -1.39% | View data |
| 10 | 10 Spain | 2.2 | 2023 | +7.14% | -2.67% | View data |
