The market is dominated by domestic suppliers, as imports account for 16.6% of total market size in 2022. B2B drives market demand, with B2B spending representing 96.2% of total demand in 2022. The UK has the fourth largest market size for structural metal products regionally, with demand reaching USD20.3 billion in 2022. Novoferm Europe Ltd is the largest company in the UK, generating 3.8% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 11.2% of total production value in 2022. The total number of companies decreases in 2022, to 8,428 units. The costs of the industry decrease by 4.6% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 15.2% of production value in 2022, the 15th highest regionally. The industry’s exports share increases in 2022 to 8.8% of total production output. With production value of USD17.1 billion, the UK accounts for 10.0% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Structural Metal Products in the United Kingdom: ISIC 2811. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Structural Metal Products in the United Kingdom: ISIC 2811 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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