In 2023, Czechia led European exports of hot-rolled bars of high-speed steel with a significant volume of 14.2 million kilograms, followed by Spain and Sweden. Spain exhibited an impressive year-on-year increase of 171.4%, while Germany, Slovenia, and Luxembourg faced notable decreases. Over the past five years, Italy and Ireland showed remarkable growth, whereas Poland and Luxembourg experienced declines. The industry is characterized by varying trends between countries, indicating diverse market dynamics and economic conditions influencing each nation's export capabilities.
Future trends to watch include the impact of technological advancements on production efficiency, potential changes in trade policies, and the demand from emerging markets. Monitoring these factors will provide insights into the growth trajectory and the competitive landscape of European exports of hot-rolled bars of high-speed steel.
Top countries in Export of Hot-Rolled Bars of High Speed Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czechia | 14,200,000 | 2023 | |||
| 2 | 2 Spain | 4,255,400 | 2023 | +7.46% | +171.4% | View data |
| 3 | 3 Sweden | 2,996,400 | 2023 | +2.63% | +0.42% | View data |
| 4 | 4 Austria | 1,453,300 | 2023 | -1% | +1.19% | View data |
| 5 | 5 Germany | 686,470 | 2023 | -5.38% | -7.19% | View data |
| 6 | 6 France | 317,630 | 2023 | -50.44% | -34.66% | View data |
| 7 | 7 Italy | 139,110 | 2023 | +27.47% | +43.83% | View data |
| 8 | 8 Belgium | 37,670 | 2021 | -15.53% | -16.66% | View data |
| 9 | 9 Hungary | 25,520 | 2023 | +2.03% | -0.3% | View data |
| 10 | 10 Slovenia | 12,130 | 2023 | -59.46% | -39.56% | View data |
