The import share of hot-rolled bars of high-speed steel in Europe is dominated by Italy, contributing over half of the import volume. Significant gains are seen in Spain, which nearly doubled its import share, and Finland, with remarkable growth. The United Kingdom and Portugal show notable increases, while Germany maintains steady growth. In contrast, Belgium and Bulgaria experienced declines. Smaller countries like Malta and Denmark also note substantial increases, whereas Greece and Lithuania show no change.
Trends to watch for the future include potential shifts in import volumes influenced by industrial demand changes, trade policy adjustments within the EU, and fluctuations in global steel prices. Monitoring Spain and Finland’s trajectory could reveal insights into emerging market dependencies or strategic shifts in European manufacturing. Additionally, Italy's continued dominance or any disruptions could significantly impact the overall market landscape.
Top countries in Import of Hot-Rolled Bars of High Speed Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 51.25 | 2023 | +29.55% | +7.39% | View data |
| 2 | 2 Spain | 16.98 | 2023 | +5.94% | +103.17% | View data |
| 3 | 3 France | 10.93 | 2023 | +1.05% | +1.49% | View data |
| 4 | 4 United Kingdom | 9.85 | 2023 | +3.35% | +11.19% | View data |
| 5 | 5 Portugal | 6.5 | 2023 | +21.08% | +11.3% | View data |
| 6 | 6 Germany | 5.61 | 2023 | -0.9% | +4.22% | View data |
| 7 | 7 Czechia | 5.38 | 2023 | |||
| 8 | 8 Belgium | 3.14 | 2023 | -5.51% | -9.79% | View data |
| 9 | 9 Austria | 2.64 | 2023 | +15.57% | +50.76% | View data |
| 10 | 10 Netherlands | 1.22 | 2023 | +1.62% | +7.68% | View data |
