Between 2013 and 2023, the hot-rolled concrete reinforcing bars market in Poland reflected a varying trend. The volume peaked in 2018 at 1.915 billion kilograms, indicating a robust growth phase. Subsequently, a declining trend was observed, with the volume dropping to 1.4067 billion kilograms by 2023. Year-on-year variations highlight a consistent decline from 2020 onwards, with negative growth rates each year. Notably, the CAGR over the last five years reveals an average annual decline of nearly 6%, suggesting significant market contraction.
Future trends to watch for include:
- Impact of governmental infrastructure investments which may boost demand.
- Global supply chain dynamics and their effect on material costs and availability.
- Technological advancements in alternative materials which might affect market demand.
- Regulations on sustainable construction practices potentially influencing market growth.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,373,400,000 | 2023 | -1.58% | -1.87% | View data |
| 2 | 2 Poland | 1,406,700,000 | 2023 | -6.42% | -5.98% | |
| 3 | 3 France | 791,910,000 | 2023 | +1.23% | +1.79% | View data |
| 4 | 4 Romania | 647,070,000 | 2023 | +2.2% | +0.52% | View data |
| 5 | 5 Finland | 207,490,000 | 2023 | +2.47% | +3.01% | View data |