The European export of hot-rolled bars in free-cutting steels displays Germany as the leading exporter with significant volume, followed by France and Czechia. Notable increases were observed in Belgium, particularly stunning growth in Estonia, and a substantial rise in Denmark, while Germany, the UK, and several others faced declines in 2023. Over the last five years, the figures reflect a complex landscape of swiftly changing dynamics within the sector.
Key future trends to watch include:
- Potential recovery and stabilization in Germany’s export performance.
- Continued growth in Belgium and Denmark, possibly influenced by enhanced steel processing technology.
- Monitoring the struggle of the UK exports to regain course amidst economic reshuffling post-Brexit.
Top countries in Export of Hot-Rolled Bars in Free-Cutting Steels by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 57,620,000 | 2023 | +0.46% | -6.54% | View data |
| 2 | 2 France | 42,014,000 | 2023 | +3.52% | -1.48% | View data |
| 3 | 3 Czechia | 11,991,000 | 2023 | |||
| 4 | 4 Spain | 10,510,000 | 2023 | -11.13% | -7.44% | View data |
| 5 | 5 Italy | 6,306,000 | 2023 | +11.05% | -0.35% | View data |
| 6 | 6 Belgium | 4,197,900 | 2023 | +16.57% | +8.46% | View data |
| 7 | 7 Ireland | 4,074,200 | 2023 | +30.69% | +5.46% | View data |
| 8 | 8 Netherlands | 1,427,300 | 2021 | +4800% | +127.74% | View data |
| 9 | 9 Finland | 305,680 | 2023 | +11.5% | +14.39% | View data |
| 10 | 10 Hungary | 238,000 | 2023 | +2.42% | -3.93% | View data |
