The European export of forged bars of stainless steel is led by Germany, holding a significantly high volume compared to others, even though facing a slight decline in 2023. Italy is consistently strong, with minor growth, while Sweden showed a minor decrease. Spain and Slovenia experienced modest increases, reflecting their stable growth. France had a notable increase, whereas the Netherlands continued a steady rise. Countries like Denmark and Lithuania also displayed remarkable growth, in contrast to Poland's decline and Slovakia's substantial reduction. The UK's sharp fall contrasted with minor gains in several smaller markets like Portugal.
Looking ahead, the focus will be on whether Germany can curb its slight decline and Italy's steady growth persists. Attention should be given to emerging exporters like France, Denmark, and Luxembourg, all displaying strong upward trends. The UK's positioning will be crucial due to its significant drop, posing questions on its recovery path. Monitoring shifts in Central and Eastern European countries could indicate new market dynamics and opportunities to leverage in the coming years.
Top countries in Export of Forged Bars of Stainless Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 97,062,000 | 2023 | +0.44% | -8.61% | View data |
| 2 | 2 Italy | 59,605,000 | 2023 | +4.08% | +0.43% | View data |
| 3 | 3 Sweden | 10,388,000 | 2023 | -0.48% | -4.31% | View data |
| 4 | 4 Spain | 7,013,100 | 2023 | +6.71% | +3.78% | View data |
| 5 | 5 Slovenia | 2,772,400 | 2023 | +3.42% | +1.77% | View data |
| 6 | 6 Austria | 2,698,600 | 2023 | +3.79% | -3.41% | View data |
| 7 | 7 France | 1,300,200 | 2023 | +1.92% | +10.61% | View data |
| 8 | 8 Netherlands | 941,070 | 2023 | +15.1% | +2.8% | View data |
| 9 | 9 Czechia | 884,980 | 2023 | |||
| 10 | 10 United Kingdom | 563,400 | 2023 | -17.15% | -9.2% | View data |
