In 2023, Italy leads European exports of hot-rolled flat stainless steel in coil under 600 mm with 30.128 million kilograms, showing stability over the previous year. Germany and Luxembourg follow, with notable year-on-year variations. Luxembourg exports rose sharply by 101.35%, while Germany saw a decline of 7.75%. The United Kingdom showed a significant increase of 9.73%, contrasting with a complete cessation in Belgian exports. Other countries, such as Denmark and Finland, reported slight decreases, whereas Portugal and Bulgaria experienced sizable increases. France, Poland, and several smaller markets showed modest negative trends.
Looking forward, key trends to monitor include the impact of geopolitical factors on supply chains, shifts in demand driven by industrial consumption across Europe, and technological advancements improving production efficiencies. Companies should also watch for changes in trade agreements impacting European export dynamics for these specialized steel products.
Top countries in Export of Hot-Rolled Flat Products in Coil of Stainless Steel of a Width Less than 600 mm by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 30,128,000 | 2023 | +35.81% | View data | |
| 2 | 2 Germany | 5,239,400 | 2023 | -5.17% | -7.75% | View data |
| 3 | 3 Luxembourg | 4,037,400 | 2023 | +43.79% | +101.35% | View data |
| 4 | 4 Netherlands | 3,631,400 | 2023 | +12.78% | +2.21% | View data |
| 5 | 5 United Kingdom | 3,387,100 | 2023 | +1.4% | +9.73% | View data |
| 6 | 6 Austria | 3,370,600 | 2023 | +3.48% | +1.99% | View data |
| 7 | 7 Belgium | 2,700,100 | 2023 | -25.11% | View data | |
| 8 | 8 Denmark | 2,443,000 | 2023 | +6.53% | -8.44% | View data |
| 9 | 9 Sweden | 1,924,500 | 2023 | +12.37% | +3.7% | View data |
| 10 | 10 Finland | 1,660,400 | 2023 | -1.9% | -7.17% | View data |
