European Union's Stainless Steel Angles, Shapes and Sections Market to See Steady Growth with CAGR of +0.9% from 2024 to 2035 - News and Statistics - IndexBox

Jun 04, 2025

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IndexBox has just published a new report: EU - Angles, Shapes And Sections Of Stainless Steel Or Other Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights.

The European Union's stainless steel and alloy steel market is expected to see continued growth in the consumption of angles, shapes, and sections. With a forecasted CAGR of +0.9% in volume and +1.3% in value from 2024 to 2035, the market is projected to expand and reach 552K tons and $1.6B, respectively, by the end of 2035.

Driven by increasing demand for angles, shapes and sections of stainless steel or other alloy steel in the European Union, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.9% for the period from 2024 to 2035, which is projected to bring the market volume to 552K tons by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +1.3% for the period from 2024 to 2035, which is projected to bring the market value to $1.6B (in nominal wholesale prices) by the end of 2035.

In 2024, the amount of angles, shapes and sections of stainless steel or other alloy steel consumed in the European Union stood at 500K tons, picking up by 11% against 2023 figures. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak volume of 639K tons. From 2020 to 2024, the growth of the consumption failed to regain momentum.

The revenue of the stainless steel angle market in the European Union soared to $1.4B in 2024, increasing by 18% 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 total consumption indicated a slight expansion from 2013 to 2024: its value increased at an average annual rate of +1.4% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -13.1% against 2022 indices. As a result, consumption attained the peak level of $1.6B. From 2023 to 2024, the growth of the market remained at a lower figure.

The countries with the highest volumes of consumption in 2024 were Spain (102K tons), Germany (84K tons) and France (68K tons), with a combined 51% share of total consumption.

From 2013 to 2024, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by France (with a CAGR of +8.3%), while consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel angle markets in the European Union were Germany ($373M), France ($279M) and Spain ($197M), with a combined 59% share of the total market. Italy, Poland, the Netherlands, the Czech Republic, Portugal, Greece and Belgium lagged somewhat behind, together accounting for a further 31%.

In terms of the main consuming countries, the Netherlands, with a CAGR of +11.7%, saw 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 stainless steel angle per capita consumption in 2024 were Spain (2.2 kg per person), Portugal (1.9 kg per person) and the Czech Republic (1.8 kg per person).

From 2013 to 2024, the biggest increases were recorded for France (with a CAGR of +8.0%), while consumption for the other leaders experienced more modest paces of growth.

In 2024, approx. 538K tons of angles, shapes and sections of stainless steel or other alloy steel were produced in the European Union; picking up by 19% compared with the previous year. The total output volume increased at an average annual rate of +1.1% over the period from 2013 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of 34%. As a result, production reached the peak volume of 613K tons. From 2020 to 2024, production growth remained at a lower figure.

In value terms, stainless steel angle production surged to $2B in 2024 estimated in export price. In general, production saw a mild expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by 99%. As a result, production attained the peak level of $3.4B. From 2020 to 2024, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2024 were Spain (122K tons), Germany (104K tons) and France (65K tons), together comprising 54% 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 +10.1%), while production for the other leaders experienced more modest paces of growth.

In 2024, purchases abroad of angles, shapes and sections of stainless steel or other alloy steel decreased by -28.6% to 120K tons, falling for the third consecutive year after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 27%. The volume of import peaked at 178K tons in 2021; however, from 2022 to 2024, imports failed to regain momentum.

In value terms, stainless steel angle imports declined dramatically to $380M in 2024. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. The level of import peaked at $577M in 2022; however, from 2023 to 2024, imports stood at a somewhat lower figure.

In 2024, Spain (22K tons), Italy (19K tons), Germany (13K tons) and Romania (12K tons) represented the main importer of angles, shapes and sections of stainless steel or other alloy steel in the European Union, mixing up 55% of total import. It was distantly followed by the Netherlands (7.1K tons), France (6.2K tons), Sweden (6.2K tons), the Czech Republic (5.9K tons), Poland (5.8K tons) and Belgium (5.7K tons), together achieving a 31% share of total imports.

From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Spain (with a CAGR of +15.3%), 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 ($57M), Spain ($45M) and Italy ($39M), together comprising 37% of total imports.

In terms of the main importing countries, Spain, with a CAGR of +5.9%, 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.

In 2024, steel, alloy; angles, shapes and sections (61K tons), followed by steel, stainless (58K tons) were the largest types of angles, shapes and sections of stainless steel or other alloy steel, together generating 100% of total imports.

From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the leading imported products, was attained by steel, stainless (with a CAGR of +0.9%).

In value terms, steel, stainless ($258M) constitutes the largest type of angles, shapes and sections of stainless steel or other alloy steel imported in the European Union, comprising 68% of total imports. The second position in the ranking was held by steel, alloy; angles, shapes and sections ($122M), with a 32% share of total imports.

From 2013 to 2024, the average annual rate of growth in terms of the value of steel, stainless imports was relatively modest.

In 2024, the import price in the European Union amounted to $3,172 per ton, which is down by -2.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 20%. The level of import peaked at $3,279 per ton in 2022; however, from 2023 to 2024, import prices remained at a lower figure.

Prices varied noticeably by the product type; the product with the highest price was steel, stainless ($4,414 per ton), while the price for steel, alloy; angles, shapes and sections stood at $1,990 per ton.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by steel, stainless; angles, shapes and sections (-0.5%).

In 2024, the import price in the European Union amounted to $3,172 per ton, with a decrease of -2.5% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 20%. Over the period under review, import prices attained the peak figure at $3,279 per ton in 2022; however, from 2023 to 2024, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($4,974 per ton), while Romania ($980 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Italy (+3.5%), while the other leaders experienced more modest paces of growth.

In 2024, overseas shipments of angles, shapes and sections of stainless steel or other alloy steel decreased by -7.2% to 157K tons, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year. Over the period under review, the exports reached the peak figure at 189K tons in 2021; however, from 2022 to 2024, the exports failed to regain momentum.

In value terms, stainless steel angle exports contracted dramatically to $509M in 2024. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. The level of export peaked at $629M in 2022; however, from 2023 to 2024, the exports failed to regain momentum.

In 2024, Spain (42K tons), Germany (34K tons), Italy (25K tons) and Sweden (18K tons) was the key exporter of angles, shapes and sections of stainless steel or other alloy steel in the European Union, constituting 75% of total export. It was distantly followed by Poland (8.7K tons) and the Czech Republic (8K tons), together achieving an 11% share of total exports. The following exporters - Luxembourg (4K tons) and Austria (3.9K tons) - together made up 5% 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 +12.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($151M), Spain ($79M) and Italy ($77M) appeared to be the countries with the highest levels of exports in 2024, together accounting for 60% of total exports.

Spain, with a CAGR of +6.4%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Steel, alloy; angles, shapes and sections was the key type of angles, shapes and sections of stainless steel or other alloy steel in the European Union, with the volume of exports resulting at 115K tons, which was near 73% of total exports in 2024. It was distantly followed by steel, stainless (43K tons), mixing up a 27% share of total exports.

Steel, alloy; angles, shapes and sections was also the fastest-growing in terms of exports, with a CAGR of +2.4% from 2013 to 2024. steel, stainless (-3.1%) illustrated a downward trend over the same period. From 2013 to 2024, the share of steel, alloy; angles, shapes and sections increased by +14 percentage points.

In value terms, the largest types of exported angles, shapes and sections of stainless steel or other alloy steel were steel, stainless ($265M) and steel, alloy; angles, shapes and sections ($244M).

Among the main exported products, steel, alloy; angles, shapes and sections, with a CAGR of +2.8%, recorded the highest growth rate of the value of exports, over the period under review.

In 2024, the export price in the European Union amounted to $3,233 per ton, waning by -10.3% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 14% against the previous year. The level of export peaked at $3,602 per ton in 2023, and then dropped in the following year.

Prices varied noticeably by the product type; the product with the highest price was steel, stainless ($6,215 per ton), while the average price for exports of steel, alloy; angles, shapes and sections totaled $2,127 per ton.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by steel, stainless; angles, shapes and sections (+2.1%).

In 2024, the export price in the European Union amounted to $3,233 per ton, reducing by -10.3% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by 14% against the previous year. Over the period under review, the export prices reached the peak figure at $3,602 per ton in 2023, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($11,268 per ton), while Luxembourg ($930 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Poland (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the stainless steel angle 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 Import Supplying Countries

The Largest Destinations for Exports

The Largest Producers on The Market and Their Profiles

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