Germany dominates the European import market for non-alloy steel forged and hot-rolled bars with over 31% share, followed by France and the Netherlands. In 2023, most countries saw a decline in their import volumes, with significant decreases in Italy and Belgium. Yearly variations from the previous year showed positive growth for Hungary, Denmark, Portugal, and others, indicating resilience amidst overall declines in Europe.
Future Trends to Watch:
- Potential recovery in import volumes as European industries attempt to rebound from recent declines.
- Emerging influence of Eastern European countries as they gradually increase their import shares.
- Continued market challenges and economic pressures that may impact patterns in 2024.
Top countries in Import of Non-Alloy Steel Forged and Hot-Rolled Bars (Excluding Hollow Drill Bars and Rods) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.23 | 2023 | +0.91% | -0.44% | View data |
| 2 | 2 France | 7.47 | 2023 | -4.34% | -6.23% | View data |
| 3 | 3 Netherlands | 5.82 | 2023 | -0.27% | -1.16% | View data |
| 4 | 4 Italy | 4.8 | 2023 | -1.2% | -9.34% | View data |
| 5 | 5 Czechia | 4.74 | 2023 | |||
| 6 | 6 Poland | 4.7 | 2023 | +0.65% | -1.71% | View data |
| 7 | 7 Slovakia | 4.37 | 2023 | +2.24% | +0.22% | View data |
| 8 | 8 Belgium | 4.29 | 2023 | +0.96% | -9.85% | View data |
| 9 | 9 Hungary | 3.99 | 2023 | +2.16% | +2.09% | View data |
| 10 | 10 Austria | 3.53 | 2023 | +3.61% | -2.57% | View data |
