Pig Iron and Spiegeleisen or Steel Granules and Powders Market Size Value in Slovakia

The pig iron and spiegeleisen or steel granules and powders market in Slovakia reached a value of 25.227 million euros in 2023. The market has shown a generally positive trend over the past decade, despite some fluctuations. A strong recovery was noted from 2021 onwards, with a significant year-on-year increase in 2021 and continuous, albeit slower, growth patterns in 2022 and 2023. The compound annual growth rate over the last five years is 4.58%, indicating moderate overall growth in the sector.

Future trends to watch for:

  • Impact of global steel demand fluctuations on local market dynamics.
  • Technological advancements in production processes and their effects on efficiency and costs.
  • Potential shifts in trade policies that might influence Slovakia's steel market exports and imports.

# 6 Countries Euros Last Year YoY 5-years CAGR
1 1 Italy 130,840,000 2023 -0.39% -1.75% View data
2 2 Denmark 26,955,000 2023 +4.46% +1.49% View data
3 3 Slovakia 24,545,000 2023 +4.61% +4.58%
4 4 Hungary 12,650,000 2023 +2.83% +0.99% View data
5 5 Finland 11,313,000 2023 +5.93% +8.2% View data

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