In 2023, Europe's import of hot-rolled concrete reinforcing bars saw Germany leading with a 14.71% share but experiencing a slight decline of 0.13% from the previous year. Romania exhibited significant growth with a 5.41% increase, whereas the Netherlands faced a notable decline of 7.46%. Portugal's imports surged by 12.2%, and Malta saw a remarkable 15.6% increase. Italy remained at the bottom with only 0.14% share. From a five-year perspective, while some countries demonstrated gradual growth, others faced market contraction due to economic challenges.
Future trends to watch include the potential impact of ongoing geopolitical situations on trade dynamics and the shift towards sustainable construction practices, which may alter the demand for reinforcing bars. The economic recovery in some EU countries may also drive the import trends upward, provided infrastructural projects gain momentum.
Top countries in Import of Hot-Rolled Concrete Reinforcing Bars Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14.71 | 2023 | +2.52% | -0.13% | View data |
| 2 | 2 Romania | 9.59 | 2023 | +4.47% | +5.41% | View data |
| 3 | 3 Poland | 7.51 | 2023 | +3.39% | -0.92% | View data |
| 4 | 4 United Kingdom | 6.38 | 2023 | +0.53% | -0.83% | View data |
| 5 | 5 Austria | 6.16 | 2023 | -0.34% | +2.68% | View data |
| 6 | 6 France | 5.27 | 2023 | +0.6% | -0.99% | View data |
| 7 | 7 Belgium | 4.72 | 2023 | +1.51% | -0.97% | View data |
| 8 | 8 Netherlands | 4.62 | 2023 | +8.67% | -7.46% | View data |
| 9 | 9 Portugal | 3.89 | 2023 | +0.28% | +12.2% | View data |
| 10 | 10 Lithuania | 3.87 | 2023 | +3.04% | +0.65% | View data |
