Italy leads the European export of cold drawn steel bars with a 28.62% share, followed by Germany at 19.13%. Spain and France fall behind, contributing 9.86% and 6.04% respectively. Eastern European countries like Czechia and Romania have positive year-on-year changes at 5.95% and 3.32%, indicating rising competitiveness. However, countries like the UK and Netherlands experienced notable declines. Overall, the market displays significant variation, with smaller countries, particularly Hungary and Luxembourg, showing substantial positive changes over the last year.
Future trends to watch include:
- Emergence of Eastern European countries as growing exporters, driven by competitive advantages.
- Potential market stabilization around key players Italy and Germany due to their established infrastructure and strong industrial base.
- Environmental regulations and innovations in production technology could reshape trade dynamics, impacting countries' export capacities.
Top countries in Export of Cold Drawn Steel Bars Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 28.62 | 2023 | +6.21% | +0.48% | View data |
| 2 | 2 Germany | 19.13 | 2023 | +5.34% | +0.15% | View data |
| 3 | 3 Spain | 9.86 | 2023 | +5.73% | -0.76% | View data |
| 4 | 4 France | 6.04 | 2023 | +3.1% | -1.96% | View data |
| 5 | 5 Czechia | 5.95 | 2023 | |||
| 6 | 6 Belgium | 4.96 | 2023 | +12% | +2.5% | View data |
| 7 | 7 Austria | 4.53 | 2023 | +5.41% | +0.59% | View data |
| 8 | 8 Poland | 3.44 | 2023 | +2.13% | -1.28% | View data |
| 9 | 9 Romania | 3.32 | 2023 | +3.68% | +4.33% | View data |
| 10 | 10 Sweden | 2.9 | 2023 | +6.61% | -0.52% | View data |
