The 2023 data reveals Germany as the largest importer in Europe for Bars and Rods of High-Speed Steel, Bars and Rods of Silico-Manganese Steel, holding a significant share at 22.33%. Poland and Spain follow, with shares of 15.85% and 13.44%, respectively. Germany experienced a slight 1.69% decrease, while Poland saw a 6.55% decline. Yet, Spain recorded a modest 1.91% rise, and Luxembourg posted the most significant increase at 155.89%. Conversely, countries like Austria and Cyprus experienced drastic reductions, showcasing regional variance.
Future trends to watch:
- An expected continual shift towards environmentally sustainable and cost-effective production methods.
- Potential impact from global political and economic factors leading to fluctuating demand and supply.
- The influence of technological advancements and automation on import volumes and distribution.
Top countries in Import of Bars and Rods of High-Speed Steel, Bars and Rods of Silico-Manganese Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.33 | 2023 | +7.28% | -1.69% | View data |
| 2 | 2 Poland | 15.85 | 2023 | -1.05% | -6.55% | View data |
| 3 | 3 Spain | 13.44 | 2023 | +3.23% | +1.91% | View data |
| 4 | 4 Romania | 9.94 | 2023 | +5.57% | +8.34% | View data |
| 5 | 5 Italy | 7.74 | 2023 | +3.72% | -4.83% | View data |
| 6 | 6 Czechia | 7.04 | 2023 | |||
| 7 | 7 Luxembourg | 6.63 | 2023 | +47.95% | +155.89% | View data |
| 8 | 8 Denmark | 6.04 | 2023 | +7.94% | +2.16% | View data |
| 9 | 9 Belgium | 5.45 | 2023 | +7.89% | +25.36% | View data |
| 10 | 10 France | 4.54 | 2023 | +2.36% | -7.13% | View data |
