European Union's Hot-Dipped Metal-Coated Sheet Market Expected to Reach 23M Tons in Volume and $28.8B in Value by 2035 - News and Statistics - IndexBox

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IndexBox has just published a new report: EU - Hot-Dipped Metal-Coated Sheet - Market Analysis, Forecast, Size, Trends And Insights.

The European Union's hot-dipped metal-coated sheet market is on an upward trend driven by increasing demand. Market performance is expected to grow at a CAGR of +0.3% in volume and +1.7% in value from 2024 to 2035, reaching 23M tons and $28.8B respectively by the end of the period.

Driven by increasing demand for hot-dipped metal-coated sheet in the European Union, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.3% for the period from 2024 to 2035, which is projected to bring the market volume to 23M tons by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +1.7% for the period from 2024 to 2035, which is projected to bring the market value to $28.8B (in nominal wholesale prices) by the end of 2035.

In 2024, consumption of hot-dipped metal-coated sheet increased by 2.8% to 22M tons for the first time since 2021, thus ending a two-year declining trend. The total consumption volume increased at an average annual rate of +1.3% over the period from 2013 to 2024; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, consumption attained the peak volume at 24M tons in 2018; however, from 2019 to 2024, consumption failed to regain momentum.

The revenue of the hot-dipped metal-coated sheet market in the European Union reached $24B in 2024, picking up by 4.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.5% over the period from 2013 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $26.2B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The countries with the highest volumes of consumption in 2024 were France (4.5M tons), Germany (3.6M tons) and Spain (2.4M tons), together comprising 47% of total consumption. Italy, Poland, Belgium, the Netherlands, Austria and the Czech Republic lagged somewhat behind, together accounting for a further 37%.

From 2013 to 2024, the biggest increases were recorded for Austria (with a CAGR of +11.4%), while consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest hot-dipped metal-coated sheet markets in the European Union were France ($5.1B), Germany ($4B) and Spain ($2.5B), together accounting for 48% of the total market. Italy, Poland, the Netherlands, Belgium, Austria and the Czech Republic lagged somewhat behind, together accounting for a further 37%.

In terms of the main consuming countries, Austria, with a CAGR of +13.3%, recorded the highest rates of growth with regard to market size over the period under review, while market for the other leaders experienced more modest paces of growth.

The countries with the highest levels of hot-dipped metal-coated sheet per capita consumption in 2024 were Belgium (122 kg per person), Austria (104 kg per person) and the Czech Republic (83 kg per person).

From 2013 to 2024, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Austria (with a CAGR of +10.8%), while consumption for the other leaders experienced more modest paces of growth.

In 2024, production of hot-dipped metal-coated sheet in the European Union contracted slightly to 19M tons, approximately equating the previous year's figure. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by 12%. The volume of production peaked at 24M tons in 2016; however, from 2017 to 2024, production stood at a somewhat lower figure.

In value terms, hot-dipped metal-coated sheet production expanded notably to $21.8B in 2024 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2013 to 2024; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when the production volume increased by 27% against the previous year. The level of production peaked at $22.9B in 2022; however, from 2023 to 2024, production remained at a lower figure.

The countries with the highest volumes of production in 2024 were France (4.6M tons), Germany (3.9M tons) and Austria (2.1M tons), together comprising 55% of total production.

From 2013 to 2024, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by France (with a CAGR of +5.6%), while production for the other leaders experienced more modest paces of growth.

For the third consecutive year, the European Union recorded decline in overseas purchases of hot-dipped metal-coated sheet, which decreased by -24.9% to 12M tons in 2024. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of 19M tons. From 2022 to 2024, the growth of imports failed to regain momentum.

In value terms, hot-dipped metal-coated sheet imports declined rapidly to $13.4B in 2024. Over the period under review, imports, however, showed a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of 79%. The level of import peaked at $21.2B in 2022; however, from 2023 to 2024, imports failed to regain momentum.

In 2024, Spain (1.7M tons), Germany (1.6M tons), Belgium (1.5M tons), Italy (1.2M tons), Poland (1.1M tons), the Czech Republic (1M tons), France (0.8M tons), Portugal (0.6M tons) and Sweden (0.6M tons) was the main importer of hot-dipped metal-coated sheet in the European Union, creating 82% of total import.

From 2013 to 2024, the biggest increases were recorded for Belgium (with a CAGR of +8.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hot-dipped metal-coated sheet importing markets in the European Union were Germany ($2.1B), Spain ($1.8B) and Belgium ($1.4B), together comprising 40% of total imports.

Belgium, with a CAGR of +10.5%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

In 2024, the import price in the European Union amounted to $1,086 per ton, reducing by -4.3% against the previous year. Import price indicated a modest increase from 2013 to 2024: its price increased at an average annual rate of +1.6% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, hot-dipped metal-coated sheet import price decreased by -12.8% against 2022 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by 47% against the previous year. Over the period under review, import prices attained the peak figure at $1,245 per ton in 2022; however, from 2023 to 2024, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2024, major importing countries recorded the following prices: in Germany ($1,276 per ton) and the Czech Republic ($1,185 per ton), while France ($955 per ton) and Belgium ($955 per ton) were amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the other leaders experienced more modest paces of growth.

In 2024, approx. 9.4M tons of hot-dipped metal-coated sheet were exported in the European Union; waning by -34.2% against the previous year's figure. Over the period under review, exports showed a pronounced reduction. The growth pace was the most rapid in 2014 with an increase of 10% against the previous year. The volume of export peaked at 16M tons in 2018; however, from 2019 to 2024, the exports stood at a somewhat lower figure.

In value terms, hot-dipped metal-coated sheet exports dropped remarkably to $11.3B in 2024. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 55%. The level of export peaked at $18.1B in 2022; however, from 2023 to 2024, the exports failed to regain momentum.

Germany (2M tons) and Belgium (2M tons) were the largest exporters of hot-dipped metal-coated sheet in 2024, resulting at approx. 21% and 21% of total exports, respectively. It was distantly followed by Austria (1,273K tons), the Netherlands (936K tons), France (918K tons), Spain (534K tons) and Italy (475K tons), together mixing up a 44% share of total exports.

From 2013 to 2024, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Spain (with a CAGR of +4.7%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest hot-dipped metal-coated sheet supplying countries in the European Union were Germany ($2.3B), Belgium ($2.2B) and Austria ($1.8B), together accounting for 56% of total exports. France, the Netherlands, Spain and Italy lagged somewhat behind, together comprising a further 29%.

In terms of the main exporting countries, Spain, with a CAGR of +7.3%, recorded 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.

The export price in the European Union stood at $1,199 per ton in 2024, remaining constant against the previous year. Export price indicated noticeable growth from 2013 to 2024: its price increased at an average annual rate of +2.6% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, hot-dipped metal-coated sheet export price decreased by -7.3% against 2022 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by 41% against the previous year. Over the period under review, the export prices attained the maximum at $1,293 per ton in 2022; however, from 2023 to 2024, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2024, major exporting countries recorded the following prices: in Austria ($1,445 per ton) and Spain ($1,258 per ton), while Italy ($1,025 per ton) and Belgium ($1,109 per ton) were amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Austria (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

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The Latest Trends and Insights into The Industry

The Largest Importers on The Market and How They Succeed

The Largest Exporters on The Market and How They Succeed

The Largest Producers on The Market and Their Profiles

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