European Export of Bars and Rods of Alloy Steel, Not Further Worked than Cold-Formed or Cold-Finished Share by Country (Kilograms)

In 2023, Germany dominated the European export market of bars and rods of alloy steel, constituting nearly 40% of the share, despite a slight decline of 6.12%. Italy and Czechia followed, with Italy experiencing a minor decrease of 5.64%. Belgium, Austria, and Finland also had substantial shares, with Belgium increasing by 4.23%. Notably, Luxembourg showed significant growth with a 130.46% rise. Conversely, France, Netherlands, and the UK declined sharply, registering decreases of 10.88%, 10.54%, and 12.7% respectively.

Looking ahead, factors to watch include technological advancements in cold-forming processes, trade policies impacting steel exports, and the EU's industrial decarbonization strategy which may affect production and export dynamics. The continuation of growth in emerging markets and the stabilization in larger markets like Germany will be crucial for overall sector performance.