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 |