In 2023, Germany leads European imports of alloy steel ingots and semi-finished products with significant volume, although it experienced a slight decrease of 1.83% compared to the previous year. Italy and Romania showed positive growth, with increases of 5.82% and 3.9% respectively. France displayed a notable rise of 16.71%, while Austria and Netherlands saw declines of 5.63% and 2.18%. Smaller countries like Lithuania and Estonia experienced substantial growth rates of 61.17% and 25.95%. The United Kingdom and Slovakia faced considerable declines of 9.94% and 12.26% respectively.
Future trends to watch in the European import market include potential shifts in demand driven by economic conditions and industrial activities, advancements in steel production technologies, and environmental regulations affecting material sourcing. Observing changes in growth patterns among EU countries and their trade policies will also be crucial for predicting shifts in import volumes.
Top countries in Import of Ingots, Other Primary Forms and Long Semi-Finished Products of Alloy Steel Other than of Stainless Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 270,570,000 | 2023 | +2.86% | -1.83% | View data |
| 2 | 2 Italy | 222,760,000 | 2023 | +6.21% | +5.82% | View data |
| 3 | 3 Romania | 141,810,000 | 2023 | +3.73% | +3.9% | View data |
| 4 | 4 France | 132,320,000 | 2023 | +8.73% | +16.71% | View data |
| 5 | 5 Spain | 90,478,000 | 2023 | +4.4% | +4.54% | View data |
| 6 | 6 Austria | 83,050,000 | 2023 | +10.75% | -5.63% | View data |
| 7 | 7 Netherlands | 71,878,000 | 2023 | -2.11% | -2.18% | View data |
| 8 | 8 Sweden | 48,730,000 | 2023 | +8.3% | +0.73% | View data |
| 9 | 9 Belgium | 35,565,000 | 2023 | +6.38% | -2.97% | View data |
| 10 | 10 Slovenia | 13,885,000 | 2023 | +4.67% | +4.05% | View data |
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