The European import market for hot-rolled bars in tool steels in 2023 had Italy as the largest importer, followed by Germany and Spain. Import volumes varied significantly, with notable increases in Romania (26.15%) and Luxembourg (55.25%), while declines were prominent in Belgium (-11.63%), Austria (-10.68%), and Ireland (-10.2%). Cyprus saw an extraordinary surge of 266.68%. Over the past five years, the compound annual growth rate highlighted stable demand despite some market fluctuations.
Future trends to monitor include the impact of economic conditions on demand, shifts in manufacturing hubs, and potential supply chain adaptations due to geopolitical factors. The surge in certain countries and decrease in others may indicate changing dynamics in the European industrial landscape.
Top countries in Import of Hot-Rolled Bars in Tool Steels by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 44,125,000 | 2023 | +5.28% | -3.66% | View data |
| 2 | 2 Germany | 22,040,000 | 2023 | -2.5% | +0.24% | View data |
| 3 | 3 Spain | 11,355,000 | 2023 | +1.8% | -4.68% | View data |
| 4 | 4 Czechia | 10,964,000 | 2023 | |||
| 5 | 5 Belgium | 9,337,900 | 2023 | +3.22% | -11.63% | View data |
| 6 | 6 Poland | 7,252,900 | 2023 | +2.01% | +1.28% | View data |
| 7 | 7 Portugal | 7,128,000 | 2023 | +4.46% | -3.71% | View data |
| 8 | 8 Netherlands | 5,625,900 | 2023 | +13.34% | -1.03% | View data |
| 9 | 9 France | 4,735,400 | 2023 | -7.14% | -7.95% | View data |
| 10 | 10 Romania | 4,167,100 | 2023 | +5.14% | +26.15% | View data |
