The market is dominated by domestic suppliers, as imports account for 15.0% of total market size in 2021. B2B drives market demand, with B2B spending representing 96.5% of total demand in 2021. The UK has the fourth largest market size for structural metal products regionally, with demand reaching USD18.4 billion in 2021. Novoferm Europe Ltd is the largest company in the UK, generating 3.8% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 11.0% of total production value in 2021. The costs of the industry increase by 16.4% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 12.8% of production value in 2021, the 15th highest regionally. With production value of USD15.9 billion, the UK accounts for 9.5% of the Western Europe total in 2021.
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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.See All of Our Definitions
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