Germany leads in European imports of hot-rolled bars of alloy steel, accounting for 26.11% of the share in 2023. Italy and France follow with shares of 11.21% and 10.65% respectively. While Germany faced a slight decrease in imports by 1.6% in 2023, countries like Estonia saw significant growth at 93.45%. Poland, Austria, and Belgium experienced decreases of 2.48%, 5.54%, and 8.56% respectively. The Netherlands and Sweden saw modest increases, reflecting shifting import dynamics within Europe.
Future trends to monitor include the potential for increased import shares by smaller European countries, driven by industrial growth and infrastructure investment. Additionally, the impact of geopolitical changes and trade policies will remain crucial in shaping the import structure. Attention should also be given to technological innovations and sustainable practices in steel production, influencing demand and import needs.
Top countries in Import of Hot-Rolled Bars of Alloy Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.11 | 2023 | +5.65% | -1.6% | View data |
| 2 | 2 Italy | 11.21 | 2023 | +3.67% | -3.7% | View data |
| 3 | 3 France | 10.65 | 2023 | +0.73% | -0.11% | View data |
| 4 | 4 Belgium | 6.7 | 2023 | +8.72% | -8.56% | View data |
| 5 | 5 Spain | 5.58 | 2023 | +7.59% | -5.95% | View data |
| 6 | 6 Netherlands | 5.39 | 2023 | +7.38% | +4.74% | View data |
| 7 | 7 Poland | 4.68 | 2023 | +1.51% | -2.48% | View data |
| 8 | 8 Romania | 4.43 | 2023 | +3.64% | +3.45% | View data |
| 9 | 9 Sweden | 3.63 | 2023 | +6.74% | +5.19% | View data |
| 10 | 10 Austria | 3.36 | 2023 | +0.9% | -5.54% | View data |
