The Non-Alloy Steel Cold Drawn Bars and Solid Profiles Market in Germany valued at 1.0472 Billion Euros in 2023 has shown fluctuations over the past decade. After a sharp decline in 2020 by 14.96%, it recovered by 20.12% in 2021. However, the market experienced minor contractions in the subsequent years, with slight decreases of 0.3% in 2022 and 0.29% in 2023. Over the last five years, the market had a negative CAGR of 1.15%, indicating an overall slight downward trend.
Future trends to watch for include:
- Global economic recovery impact post-pandemic.
- Advancements in steel technology and sustainable practices.
- Influence of automotive and construction industry demand.
- Policy changes and trade agreements impacting steel imports and exports.
How does Germany rank in Non Alloy Steel Cold Drawn Bars and Solid Profiles Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,047,200,000 | 2023 | -0.29% | -1.15% | |
| 2 | 2 Spain | 173,510,000 | 2023 | +0.37% | +3.31% | View data |
| 3 | 3 Sweden | 49,644,000 | 2023 | -3.19% | -2.2% | View data |
| 4 | 4 Hungary | 33,675,000 | 2023 | +0.85% | -0.46% | View data |
| 5 | 5 Finland | 22,205,000 | 2023 | -0.14% | -0.059% | View data |
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