In 2023, Italy led the European imports of bars and rods of silico-manganese steel, hot-rolled, in irregularly wound coils, significantly ahead of Czechia and Germany. Notable growth in import volumes was recorded in Sweden, with a substantial 316.47% increase, and Austria, with a 59.6% surge. Conversely, the United Kingdom and Hungary experienced declines of 4.51% and 6.65%, respectively. Minimal import activities were observed in Romania, Denmark, and Luxembourg. Over the past five years, the compound annual growth rates indicate strategic shifts in import patterns across the continent.
Future trends to watch include the potential stabilization or further expansion in Sweden and Austria, driven by industrial demand. Market fluctuations in traditionally strong economies like the United Kingdom and Germany warrant attention, especially in response to macroeconomic changes. Monitoring Italy’s position for continued dominance or emerging competitors is also crucial in this sector.
Top countries in Import of Bars and Rods of Silico-Manganese Steel, Hot-Rolled, in Irregularly Wound Coils by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 87,628,000 | 2023 | +3.51% | +1.57% | View data |
| 2 | 2 Czechia | 32,046,000 | 2023 | |||
| 3 | 3 Germany | 17,762,000 | 2023 | +11.39% | -2.83% | View data |
| 4 | 4 Poland | 6,548,000 | 2023 | +1.52% | +0.96% | View data |
| 5 | 5 Slovenia | 6,506,100 | 2023 | +2.68% | +2.2% | View data |
| 6 | 6 United Kingdom | 5,788,100 | 2023 | -6.53% | -4.51% | View data |
| 7 | 7 Sweden | 2,004,700 | 2023 | -2.34% | +316.47% | View data |
| 8 | 8 Portugal | 1,480,500 | 2021 | -31.36% | -12.74% | View data |
| 9 | 9 Spain | 666,590 | 2023 | +22.36% | -4.01% | View data |
| 10 | 10 Hungary | 597,910 | 2023 | +4.55% | -6.65% | View data |
