In 2023, Italy was the dominant exporter of hot-rolled bars of alloy steel in Europe. Despite a slight decline of 2.07%, it maintained its leadership due to substantial output. France and Belgium experienced significant reductions at 8.1% and 10.33%, respectively. Noteworthy growth was seen in Portugal with a 31.72% increase and Lithuania’s sharp 15.01% rise. Germany saw an absolute collapse in this segment. Overall, the export landscape showed varied trends across countries, with some like Finland and Austria expanding modestly while others like Sweden and Slovakia suffered notable contractions.
Future trends to watch include recovery attempts by major economies like Germany to regain market presence. Additionally, nations with positive growth trajectories, such as Romania and Croatia, may continue to strengthen their positions in this market. Sustainability and technological advancements in production could further influence European export volumes.
Top countries in Export of Hot-Rolled Bars of Alloy Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,138,500,000 | 2023 | +5.48% | -2.07% | View data |
| 2 | 2 France | 323,520,000 | 2023 | +0.054% | -8.1% | View data |
| 3 | 3 Spain | 171,170,000 | 2023 | +3.55% | -2.98% | View data |
| 4 | 4 Belgium | 143,540,000 | 2023 | +7.14% | -10.33% | View data |
| 5 | 5 Poland | 131,980,000 | 2023 | +3.07% | -0.42% | View data |
| 6 | 6 Romania | 124,080,000 | 2023 | +4.57% | +4.48% | View data |
| 7 | 7 Finland | 120,100,000 | 2023 | +5.53% | +3.7% | View data |
| 8 | 8 Czechia | 119,080,000 | 2023 | |||
| 9 | 9 Slovenia | 81,275,000 | 2023 | -0.32% | -2.31% | View data |
| 10 | 10 Bulgaria | 65,695,000 | 2023 | +5.2% | +2.32% | View data |
