In 2023, Italy held the largest share of European imports of hot-rolled bars in tool steels, significantly leading Germany and Spain. Notable year-on-year changes saw Romania sharply increase by 26.15%, while Hungary and Estonia saw declines exceeding 14%. Italy dropped by 3.66%, while Cyprus had a remarkable increase of 266.68% albeit from a smaller base. Luxembourg too showed a significant rise, enhancing its minor share.
Future trends to watch include potential market shifts as nations may adapt their import strategies in response to economic changes and trade policies. Countries like Cyprus and Luxembourg could continue gaining share, signaling shifts in regional consumption patterns.
Top countries in Import of Hot-Rolled Bars in Tool Steels Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 30.75 | 2023 | +5.28% | -3.66% | View data |
| 2 | 2 Germany | 15.36 | 2023 | -2.5% | +0.24% | View data |
| 3 | 3 Spain | 7.91 | 2023 | +1.8% | -4.68% | View data |
| 4 | 4 Czechia | 7.64 | 2023 | |||
| 5 | 5 Belgium | 6.51 | 2023 | +3.22% | -11.63% | View data |
| 6 | 6 Poland | 5.06 | 2023 | +2.01% | +1.28% | View data |
| 7 | 7 Portugal | 4.97 | 2023 | +4.46% | -3.71% | View data |
| 8 | 8 Netherlands | 3.92 | 2023 | +13.34% | -1.03% | View data |
| 9 | 9 France | 3.3 | 2023 | -7.14% | -7.95% | View data |
| 10 | 10 Romania | 2.9 | 2023 | +5.14% | +26.15% | View data |
