In 2023, Germany led European imports of tubes and pipes of specified steel, accounting for the highest share, though experiencing a slight decrease of 2.22% year-on-year. France and Romania followed with respective increases of 1.38% and 4.16%. Notably, the Netherlands showed a significant rise in imports, up by 11.08%, while Italy experienced a sharp decline, down by 15.76%. Smaller countries like Cyprus and Malta witnessed notable drops, at 26.27% and 33.99%, respectively. The five-year CAGR indicates steady trends with variance mostly influenced by regional economic activities and industrial demands.
Future trends to watch for include potential impacts from the increasing emphasis on sustainability and carbon footprint reduction in Europe, which may shift demand away from steel products. Additionally, trade policies and economic recovery are likely to play crucial roles in shaping import dynamics across various countries.
- Germany's import share remained substantial but declined marginally.
- France and Romania exhibited modest growth in import volumes.
- Noteworthy increase observed in the Netherlands, highlighting potential market expansion.
- Significant reductions in Italy and smaller markets such as Cyprus and Malta.
- Close monitoring of sustainable material trends and trade regulations is advised for future forecasting.
Top countries in Import of Tubes and Pipes, of Square or Rectangular Cross-Section, of a Wall Thickness Less than 2 Mm, Hot- or Cold-Formed and Welded of Steel Other than Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15.99 | 2023 | -0.79% | -2.22% | View data |
| 2 | 2 France | 12.98 | 2023 | +1.89% | +1.38% | View data |
| 3 | 3 Romania | 11.85 | 2023 | +3.76% | +4.16% | View data |
| 4 | 4 Poland | 7.28 | 2023 | +3.32% | +0.11% | View data |
| 5 | 5 Spain | 7.17 | 2023 | +1.61% | +2.09% | View data |
| 6 | 6 Czechia | 6.81 | 2023 | |||
| 7 | 7 Netherlands | 6.8 | 2023 | +9.58% | +11.08% | View data |
| 8 | 8 Sweden | 4.52 | 2023 | -0.66% | -2.2% | View data |
| 9 | 9 Belgium | 4.19 | 2023 | +1.36% | +1.15% | View data |
| 10 | 10 Hungary | 3.31 | 2023 | +2.52% | +1.57% | View data |
