In 2023, Germany led European imports of Bars and Rods of High-Speed Steel and Silico-Manganese Steel, albeit with a slight decrease. Poland and France showed notable declines, while Spain, Romania, and Belgium experienced growth. Austria and the Netherlands faced significant contractions. Luxembourg and Portugal marked substantial increases. Countries like Cyprus discontinued import activities. Despite fluctuations, the average growth rate over five years remains modest, signaling an overall stable trend.
Future trends to watch in 2024 include:
- The implications of technological advancements in steel production.
- Potential shifts in trade policies impacting import volumes.
- The acceleration of green initiatives influencing material sourcing.
- Continued fluctuations due to economic downturns or booms, which may affect countries unevenly.
Top countries in Import of Bars and Rods of High-Speed Steel, Bars and Rods of Silico-Manganese Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,041,200 | 2023 | +7.28% | -1.69% | View data |
| 2 | 2 Poland | 4,997,300 | 2023 | -1.05% | -6.55% | View data |
| 3 | 3 Spain | 4,238,000 | 2023 | +3.23% | +1.91% | View data |
| 4 | 4 Romania | 3,134,500 | 2023 | +5.57% | +8.34% | View data |
| 5 | 5 Italy | 2,440,600 | 2023 | +3.72% | -4.83% | View data |
| 6 | 6 Czechia | 2,221,000 | 2023 | |||
| 7 | 7 Luxembourg | 2,090,500 | 2023 | +47.95% | +155.89% | View data |
| 8 | 8 Denmark | 1,904,900 | 2023 | +7.94% | +2.16% | View data |
| 9 | 9 Belgium | 1,717,400 | 2023 | +7.89% | +25.36% | View data |
| 10 | 10 France | 1,430,100 | 2023 | +2.36% | -7.13% | View data |
