The market is dominated by foreign suppliers, as imports account for 65.4% of total market size in 2022. B2B drives market demand, with B2B spending representing 94.9% of total demand in 2022. Germany has the largest market size for basic iron and steel regionally, with demand reaching USD82.9 billion in 2022. ThyssenKrupp AG is the largest company in Germany, generating 6.7% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 23.5% of total production value in 2022. The total number of companies increases in 2022, to 2,470 units. The costs of the industry increase by 12.2% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 7.1% of production value in 2022, the 13th highest regionally. The industry’s exports share increases in 2022 to 64.2% of total production output. With production value of USD78.1 billion, Germany accounts for 27.2% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Basic Iron and Steel in Germany: ISIC 271. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Basic Iron and Steel in Germany: ISIC 271 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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