In 2023, Germany led the European production of cold-formed sections from flat stainless steel products with 103.14 million kilograms. Finland and France followed with substantial increases year-over-year, showcasing growth rates of 54.31% and 40.68%, respectively. Italy's production grew moderately, while the United Kingdom saw a slightly higher increase. Meanwhile, Sweden, Spain, and Denmark experienced minimal production volumes. Croatia was the only country with a production decline, dropping by 10.51%.
Looking ahead, anticipated trends include increased demand driven by industry shifts toward sustainable construction and technological advancements in stainless steel manufacturing. Investments in production capabilities and innovation will likely propel growth across the European nations, with Germany, France, and Finland at the forefront of this trend.
Top countries in Sold Production of Cold-Formed Sections, Obtained from Flat Products, of Stainless Steel by Country
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 103,140,000 | 2023 | +3.01% | +4.73% | View data |
| 2 | 2 Finland | 63,444,000 | 2023 | +0.0096% | +54.31% | View data |
| 3 | 3 France | 55,941,000 | 2023 | +12.97% | +40.68% | View data |
| 4 | 4 Italy | 23,136,000 | 2023 | +2.43% | +4.85% | View data |
| 5 | 5 Sweden | 3,382,400 | 2021 | +3.48% | View data | |
| 6 | 6 United Kingdom | 1,154,800 | 2023 | -3.3% | +12.28% | View data |
| 7 | 7 Spain | 666,320 | 2023 | +3.07% | +5.95% | View data |
| 8 | 8 Denmark | 541,830 | 2023 | +7.69% | +10.14% | View data |
| 9 | 9 Croatia | 168,130 | 2023 | -12.01% | -10.51% | View data |