In 2023, France dominated European imports of hot-rolled bars of silico-manganese steel, registering a significant 18.54% increase. Spain, UK, and Poland saw notable declines, with Spain down by 5.92%, UK by 15.43%, and Poland by 11.82%. Lithuania and Ireland were standout performers, increasing by 12.28% and 60.2%, respectively. Germany and Slovakia also posted positive growth, while countries like Austria and Italy showed mixed results, with Italy experiencing substantial growth at 30.68%.
Future trends to watch include the stabilization of France's growth, continued fluctuations in the UK and Spain, and potential emerging markets in Eastern Europe driven by industrial and construction demands.
Top countries in Import of Hot-Rolled Bars of Silico-Manganese Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 25,861,000 | 2023 | +15.34% | +18.54% | View data |
| 2 | 2 Spain | 13,749,000 | 2023 | +3.56% | -5.92% | View data |
| 3 | 3 United Kingdom | 6,608,500 | 2023 | -10.83% | -15.43% | View data |
| 4 | 4 Germany | 5,353,200 | 2023 | +19.53% | +4.61% | View data |
| 5 | 5 Poland | 4,345,500 | 2023 | +1.15% | -11.82% | View data |
| 6 | 6 Lithuania | 2,234,500 | 2023 | +1.67% | +12.28% | View data |
| 7 | 7 Slovakia | 1,646,700 | 2023 | +5.08% | +8.36% | View data |
| 8 | 8 Austria | 1,338,000 | 2023 | +7.74% | -6.75% | View data |
| 9 | 9 Czechia | 1,115,500 | 2023 | |||
| 10 | 10 Greece | 996,320 | 2023 | -0.62% | -1.79% | View data |
