The Hot-Rolled Concrete Reinforcing Bars market in Germany experienced fluctuating trends over the past decade. From 2013 to 2023, the market value ranged from declining figures in the early years to a peak in 2021 before settling at 1,418.7 million euros in 2023. Over the past two years, the market showed a decrease in 2022 by -7.28% and a rebound in 2023 with a 3.62% increase. The last five years witnessed a Compound Annual Growth Rate (CAGR) of 3.56%.
Future trends to watch for:
- Stability in market demand due to construction sector recovery.
- Impact of green construction practices influencing material choices.
- Technological advancements in manufacturing processes improving efficiency.
- Potential shifts due to regulation changes in the construction industry.
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,418,700,000 | 2023 | +3.62% | +3.56% | |
| 2 | 2 Italy | 1,297,500,000 | 2023 | +4.75% | +4.49% | View data |
| 3 | 3 Romania | 344,520,000 | 2023 | +0.88% | +0.58% | View data |
| 4 | 4 Sweden | 129,950,000 | 2023 | +2.64% | -0.28% | View data |
| 5 | 5 Denmark | 71,690,000 | 2023 | -0.75% | -1.18% | View data |
