In 2023, Belgium led European imports of flat-rolled products of alloy steel other than stainless, accounting for a significant portion with 26.489 million kilograms. Germany and Italy also constituted major importers, with values of 19.764 and 8.4139 million kilograms, respectively. Noteworthy is Portugal's remarkable increase of 239.16% compared to previous year, and Denmark's sharp rise of 42.24%. Conversely, the United Kingdom and Hungary faced significant declines in import values, at -20.09% and -10.53% year-on-year, respectively.
Future trends to watch include the potential shift towards more sustainable and environmentally friendly materials, which may impact alloy steel demand. Economic changes in European markets could influence import needs and pricing. Emerging markets within the EU might alter traditional importation patterns and introduce new dynamics in steel trade flows.
Top countries in Import of Flat-Rolled Products of Alloy Steel Other than Stainless, Hot-Rolled or Cold-Rolled 'Cold-Reduced' and Further Worked by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 26,489,000 | 2023 | +53.69% | +38.69% | View data |
| 2 | 2 Germany | 19,764,000 | 2023 | +9.9% | +19.57% | View data |
| 3 | 3 Italy | 8,413,900 | 2023 | +11.88% | +0.23% | View data |
| 4 | 4 Netherlands | 6,882,400 | 2023 | +13.58% | +11.62% | View data |
| 5 | 5 France | 6,209,000 | 2023 | +5.8% | +8.5% | View data |
| 6 | 6 Poland | 4,737,900 | 2023 | +0.052% | +0.47% | View data |
| 7 | 7 Estonia | 4,385,800 | 2023 | +9.29% | +8.46% | View data |
| 8 | 8 Slovenia | 4,127,500 | 2023 | +6.44% | +20.31% | View data |
| 9 | 9 Sweden | 3,533,600 | 2023 | +17.51% | +0.24% | View data |
| 10 | 10 Slovakia | 2,645,600 | 2023 | +3.48% | +23.06% | View data |
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