In 2023, Italy led the European export market for non-alloy steel forged and hot-rolled bars with a significant 37.62% share. Poland followed with a 20.12% share, exhibiting resilience with a slight 1.12% growth year-on-year. Czechia held a 12.13% share. Notably, Belgium experienced a substantial decline of 20.74%, and France exited the market completely. Minor players like Slovenia and Slovakia faced contractions, while Austria and Lithuania showed modest growth. Over the past five years, the sector witnessed fluctuating trends, indicating a volatile market environment.
Looking forward, factors to monitor include technological advancements, sustainability practices, and geopolitical influences that may shape future trade patterns in non-alloy steel exports across Europe.
Top countries in Export of Non-Alloy Steel Forged and Hot-Rolled Bars (Excluding Hollow Drill Bars and Rods) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 37.62 | 2023 | +15.38% | -17.09% | View data |
| 2 | 2 Poland | 20.12 | 2023 | +2.11% | +1.12% | View data |
| 3 | 3 Czechia | 12.13 | 2023 | |||
| 4 | 4 United Kingdom | 7.03 | 2023 | -4.72% | -5.44% | View data |
| 5 | 5 Denmark | 5.62 | 2023 | +1.29% | -5.44% | View data |
| 6 | 6 Bulgaria | 4.95 | 2023 | -0.7% | -5.17% | View data |
| 7 | 7 Spain | 3.17 | 2023 | +58.75% | -10.26% | View data |
| 8 | 8 Belgium | 2.52 | 2023 | -9.4% | -20.74% | View data |
| 9 | 9 Austria | 2.36 | 2023 | +3.69% | +2.98% | View data |
| 10 | 10 Sweden | 2.01 | 2023 | -2.29% | -5.61% | View data |
