In 2023, Germany held the largest share of European imports of cold drawn steel bars, accounting for 31.68% of the total. France and Poland followed with shares of 10.43% and 7.88% respectively. Noteworthy growth was seen in Spain, which increased by 7.12%, whereas Germany, France, and the UK saw declines, with Germany experiencing a -1.54% decrease. Coupled with high variability across smaller markets, such as Greece's 8.31% growth and Luxembourg's -7.74% decline, these reflect shifting trade dynamics.
Future trends to watch include the potential for Spain and other growing markets like Portugal and Lithuania to increase their market shares. The stability of Germany’s dominance will be critical as other countries seek to expand their footprints in the cold drawn steel bars sector. Economic conditions and industrial demand shifts across Europe could significantly alter the import landscape.
Top countries in Import of Cold Drawn Steel Bars Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.68 | 2023 | +3.99% | -1.54% | View data |
| 2 | 2 France | 10.43 | 2023 | +5.26% | -1.02% | View data |
| 3 | 3 Poland | 7.88 | 2023 | +2.73% | +0.43% | View data |
| 4 | 4 Italy | 6.25 | 2023 | +10.45% | -1.14% | View data |
| 5 | 5 Spain | 5.4 | 2023 | +17.72% | +7.12% | View data |
| 6 | 6 Netherlands | 5.16 | 2023 | +3.68% | -5.11% | View data |
| 7 | 7 Czechia | 4.43 | 2023 | |||
| 8 | 8 Belgium | 4.33 | 2023 | +11.2% | -0.027% | View data |
| 9 | 9 Romania | 3.85 | 2023 | +2.67% | +1.56% | View data |
| 10 | 10 Austria | 2.8 | 2023 | +3.64% | -0.61% | View data |
