EU: Stainless Steel Angle Market 2025

Stainless Steel Angle Market Size in the EU

In 2021, the EU stainless steel angle market decreased by -37.8% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption showed a perceptible decline. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Stainless Steel Angle Production in the EU

In value terms, stainless steel angle production fell notably to $X in 2021 estimated in export price. In general, production recorded a noticeable shrinkage. The growth pace was the most rapid in 2019 with an increase of 41%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Stainless Steel Angle Exports

Exports in the EU

In 2021, shipments abroad of angles, shapes and sections of stainless steel or other alloy steel increased by 17% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, stainless steel angle exports soared to $X in 2021. The total export value increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Germany (X tons) and Sweden (X tons) represented roughly 61% of total exports in 2021. It was distantly followed by Luxembourg (X tons), Poland (X tons) and Spain (X tons), together committing an 18% share of total exports. Belgium (X tons), the Czech Republic (X tons), the Netherlands (X tons), Austria (X tons), Romania (X tons) and France (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +26.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel angle supplying countries in the European Union were Germany ($X), Italy ($X) and Sweden ($X), together comprising 59% of total exports. These countries were followed by Austria, Spain, Poland, the Netherlands, Belgium, the Czech Republic, France, Luxembourg and Romania, which together accounted for a further 35%.

Among the main exporting countries, Romania, with a CAGR of +18.8%, saw the highest growth rate of 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

The export price in the European Union stood at $X per ton in 2021, growing by 4.5% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by 16% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

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 2021, the most notable rate of growth in terms of prices was attained by Poland (+13.6%), while the other leaders experienced more modest paces of growth.

Stainless Steel Angle Imports

Imports in the EU

In 2021, approx. X tons of angles, shapes and sections of stainless steel or other alloy steel were imported in the European Union; picking up by 13% compared with the previous year. The total import volume increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 24%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, stainless steel angle imports surged to $X in 2021. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), Romania (X tons) and Germany (X tons) represented roughly 45% of total imports in 2021. Spain (X tons) took a 9.4% share (based on physical terms) of total imports, which put it in second place, followed by Poland (7%), the Netherlands (5.9%), Belgium (5.4%), Sweden (5.2%) and France (5%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Spain (with a CAGR of +18.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel angle importing markets in the European Union were Germany ($X), the Netherlands ($X) and Italy ($X), together accounting for 36% of total imports. France, Belgium, Romania, Spain, Poland and Sweden lagged somewhat behind, together accounting for a further 38%.

Spain, with a CAGR of +8.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, with an increase of 19% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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