In 2023, Italy led European exports of cold drawn steel bars with 907.16 million kilograms, followed by Germany at 606.34 million kilograms. Notable year-on-year changes included Hungary’s growth of 12.1% and Latvia’s decline of 31.93%. France, the United Kingdom, and the Netherlands experienced significant declines in exports. Meanwhile, Luxembourg’s exports displayed a robust increase of 7.49%. Over the past five years, the CAGR for Luxembourg showed strong growth, while Slovakia and Latvia faced challenges.
Future trends to watch include potential growth in Eastern European countries as they continue to modernize their manufacturing capabilities, and the impact of global economic conditions on steel demand in traditional markets. Monitoring the adoption of sustainable practices in steel production could also influence the competitive landscape of European exports.
Top countries in Export of Cold Drawn Steel Bars by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 907,160,000 | 2023 | +6.21% | +0.48% | View data |
| 2 | 2 Germany | 606,340,000 | 2023 | +5.34% | +0.15% | View data |
| 3 | 3 Spain | 312,680,000 | 2023 | +5.73% | -0.76% | View data |
| 4 | 4 France | 191,510,000 | 2023 | +3.1% | -1.96% | View data |
| 5 | 5 Czechia | 188,760,000 | 2023 | |||
| 6 | 6 Belgium | 157,260,000 | 2023 | +12% | +2.5% | View data |
| 7 | 7 Austria | 143,690,000 | 2023 | +5.41% | +0.59% | View data |
| 8 | 8 Poland | 109,070,000 | 2023 | +2.13% | -1.28% | View data |
| 9 | 9 Romania | 105,210,000 | 2023 | +3.68% | +4.33% | View data |
| 10 | 10 Sweden | 91,958,000 | 2023 | +6.61% | -0.52% | View data |
