In 2023, Italy led European cold drawn steel bar production with 2.13 billion kg, followed by Germany and Spain. Italy, Germany, and the UK saw production declines of 3.77%, 0.79%, and 5.78% respectively. Poland increased by 5.8%, and Portugal's production surged by 391.07%, albeit from a smaller base. Sweden and Croatia also achieved significant growth, with 15.76% and 8.74% increases respectively. The five-year CAGR reveals a diverse growth pattern across the region.
Future trends to watch include technological advancements improving efficiency and sustainability. Additionally, shifts in demand due to global supply chain dynamics could favor certain countries, altering the production landscape across Europe.
Top countries in Sold Production of Cold Drawn Steel Bars by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,125,900,000 | 2023 | +9.78% | -3.77% | View data |
| 2 | 2 Germany | 1,166,000,000 | 2023 | +5.1% | -0.79% | View data |
| 3 | 3 Spain | 209,030,000 | 2023 | -2.72% | -5.03% | View data |
| 4 | 4 Poland | 174,220,000 | 2023 | +3.91% | +5.8% | View data |
| 5 | 5 United Kingdom | 55,413,000 | 2023 | -5.96% | -5.78% | View data |
| 6 | 6 Czechia | 36,193,000 | 2023 | |||
| 7 | 7 Finland | 28,618,000 | 2023 | +1.85% | -3.62% | View data |
| 8 | 8 Bulgaria | 13,620,000 | 2023 | +3.19% | +0.033% | View data |
| 9 | 9 Portugal | 9,823,600 | 2023 | +52.87% | +391.07% | View data |
| 10 | 10 Romania | 4,508,700 | 2023 | +3.76% | -3.79% | View data |
