In 2023, Germany stood at the forefront of European exports of Non Alloy Steel Bars and Rods, Hot Rolled, in Irregularly Wound Coils, followed by Spain and Italy. Despite Germany's negative growth rate of -0.69% from the previous year, it maintained the highest export volume. Spain and Italy experienced positive growths at 1.45% and 3.99% respectively. Notable performers included Greece with a 7.02% increase and Denmark with an 18.79% jump, indicating a shift in smaller markets. Conversely, Belgium, Austria, Lithuania, and Slovakia faced double-digit declines in exports.
Future trends to watch include the potential for recovery in markets experiencing declines and continued growth in emerging markets like Greece and Denmark. Economic conditions, infrastructure investments, and geopolitical factors will influence Europe's export dynamics for Non Alloy Steel Bars and Rods, Hot Rolled, in Irregularly Wound Coils.
Top countries in Export of Non Alloy Steel Bars and Rods, Hot Rolled, in Irregularly Wound Coils by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,750,500,000 | 2023 | -1.62% | -0.69% | View data |
| 2 | 2 Spain | 1,375,100,000 | 2023 | +8.12% | +1.45% | View data |
| 3 | 3 Italy | 1,289,900,000 | 2023 | +2.46% | +3.99% | View data |
| 4 | 4 Czechia | 725,880,000 | 2023 | |||
| 5 | 5 Greece | 638,870,000 | 2023 | +3.39% | +7.02% | View data |
| 6 | 6 France | 576,670,000 | 2023 | +8.95% | -2.35% | View data |
| 7 | 7 Belgium | 488,470,000 | 2023 | +1.3% | -11.28% | View data |
| 8 | 8 Portugal | 487,270,000 | 2023 | -1.34% | -2% | View data |
| 9 | 9 United Kingdom | 462,590,000 | 2023 | -3.04% | -4.28% | View data |
| 10 | 10 Poland | 415,080,000 | 2023 | +0.37% | -1.14% | View data |
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