Italy leads the European export market for cold drawn bars and solid profiles of non-alloy steel, holding over 31% market share. Germany follows with about half of Italy's share. Spain and Czechia show moderate shares, while countries like Luxembourg and Greece occupy the lower end. In 2023, most countries experienced declines, notably Germany, Spain, and the UK. Romania saw an increase, with Hungary showing remarkable growth. Over the last five years, the Compound Annual Growth Rate (CAGR) highlights Romania and Hungary as rising players, whereas declines were prevalent elsewhere. Attention to sustainability and supply chain resilience is recommended for future trend monitoring.
Future trends to observe include:
- The increased demand for renewable energy infrastructure, potentially driving exports.
- Potential effects of political stability on European trade agreements.
- Technological advancements in manufacturing affecting production efficiency.
- Environmental regulations impacting the export landscape.
Top countries in Export of Cold Drawn Bars and Solid Profiles of Non Alloy Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 31.27 | 2023 | +4.64% | +0.83% | View data |
| 2 | 2 Germany | 15.21 | 2023 | +3.96% | -0.87% | View data |
| 3 | 3 Spain | 8.61 | 2023 | +4.22% | -3.5% | View data |
| 4 | 4 Czechia | 7.07 | 2023 | |||
| 5 | 5 France | 6.86 | 2023 | +6.13% | -1.03% | View data |
| 6 | 6 Romania | 5.66 | 2023 | +3.62% | +4.55% | View data |
| 7 | 7 Poland | 5.2 | 2023 | +1.83% | -1.32% | View data |
| 8 | 8 Belgium | 4.84 | 2023 | +10.16% | +0.068% | View data |
| 9 | 9 United Kingdom | 3.26 | 2023 | -6.05% | -9.58% | View data |
| 10 | 10 Bulgaria | 2.52 | 2023 | +4.22% | +0.17% | View data |
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