In 2023, Italy led European exports of hot-rolled bars of silico-manganese steel, closely followed by Germany and France, with France showing the largest year-on-year increase of 145.39%. Sweden and Slovenia experienced declines of 1.32% and 1.77%, respectively. Minor exporters like Denmark, Belgium, and Romania saw significant growth, with Denmark surging by 100.47% and Romania by 179.14%. Conversely, Finland and the United Kingdom witnessed declines of 11.59% and 5.98%, respectively.
Future trends to watch include:
- The potential rise of France as a leading exporter given its recent growth trajectory.
- Increased competition among top exporters, notably those like Germany that consistently outperform in the market.
- Further monitoring of minor exporter countries with unexpected surges in export volume, indicating shifting market dynamics.
- Sustainability trends potentially influencing production and export strategies across Europe.
Top countries in Export of Hot-Rolled Bars of Silico-Manganese Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 43,156,000 | 2023 | -2.42% | +1.12% | View data |
| 2 | 2 Germany | 35,865,000 | 2023 | +2.06% | +4.33% | View data |
| 3 | 3 France | 33,838,000 | 2023 | +41.85% | +145.39% | View data |
| 4 | 4 Sweden | 15,483,000 | 2023 | -0.0089% | -1.32% | View data |
| 5 | 5 Czechia | 3,393,100 | 2023 | |||
| 6 | 6 Slovenia | 3,239,700 | 2023 | +4.16% | -1.77% | View data |
| 7 | 7 Spain | 1,427,800 | 2021 | +1380% | +99.66% | View data |
| 8 | 8 Finland | 1,307,800 | 2023 | -5.79% | -11.59% | View data |
| 9 | 9 Belgium | 1,024,900 | 2023 | +7.73% | +59.69% | View data |
| 10 | 10 United Kingdom | 190,390 | 2023 | -10.55% | -5.98% | View data |
