Europe: Stainless Steel Angle Market 2024

Stainless Steel Angle Market Size in Europe

In 2022, the Europe stainless steel angle market decreased by X% to $X, falling for the third year in a row after three years of growth. In general, consumption continues to indicate a mild setback. The growth pace was the most rapid in 2019 when the market value increased by X%. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Stainless Steel Angle Production in Europe

In value terms, stainless steel angle production totaled $X in 2022 estimated in export price. Overall, production saw a perceptible decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Stainless Steel Angle Exports

Exports in Europe

In 2022, overseas shipments of angles, shapes and sections of stainless steel or other alloy steel increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, stainless steel angle exports expanded remarkably to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

In 2022, the UK (X tons), distantly followed by Germany (X tons), Italy (X tons) and Sweden (X tons) were the major exporters of angles, shapes and sections of stainless steel or other alloy steel, together comprising X% of total exports. The following exporters - Russia (X tons), Spain (X tons), Luxembourg (X tons), Poland (X tons), Belgium (X tons), Switzerland (X tons), Austria (X tons) and the Czech Republic (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel angle supplying countries in Europe were Germany ($X), the UK ($X) and Italy ($X), with a combined X% share of total exports. Sweden, Austria, Switzerland, Spain, Poland, Belgium, the Czech Republic, Russia and Luxembourg lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Stainless Steel Angle Imports

Imports in Europe

In 2022, supplies from abroad of angles, shapes and sections of stainless steel or other alloy steel increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, stainless steel angle imports reached $X in 2022. Total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons), the UK (X tons), Germany (X tons) and Spain (X tons) represented the main importer of angles, shapes and sections of stainless steel or other alloy steel in Europe, constituting X% of total import. Belarus (X tons) held the next position in the ranking, followed by Romania (X tons). All these countries together took near X% share of total imports. The Netherlands (X tons), Poland (X tons), France (X tons), Austria (X tons), Sweden (X tons), Russia (X tons) and Switzerland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Belarus (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Austria ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The UK, Switzerland, the Netherlands, Spain, France, Poland, Sweden, Russia, Romania and Belarus lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Belarus, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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