European Import of Hot-Rolled Wire Rod of Bearing Steel Share by Country (Kilograms)

In 2023, Poland led the European import share of hot-rolled wire rod of bearing steel with 30.72%, showing a slight decline of 0.19% from the previous year. Germany and Italy followed, each experiencing declines of 6.13% and 6.89%, respectively. Other significant importers included the Netherlands, showing a moderate rise of 1.78%, and France, which saw a significant increase of 44.29%, while Spain and the United Kingdom both experienced drops. Sweden and Slovakia demonstrated notable increases, whereas Luxembourg and Latvia faced substantial decreases.

Future trends in this sector may include:

• Poland likely maintaining its leading position despite minor fluctuations.
• Potential recovery in Germany and Italy's market share with economic adjustments.
• Growing interest from non-traditional importers such as Sweden and Slovakia.
• The need for ongoing monitoring of the impacts of EU trade policies and global supply chain disruptions.