The Swedish market for Non-Alloy Steel Hot-Rolled Bars and Rods in Coil has shown fluctuations over the past decade. In 2023, the market size stood at 254.5 million kilograms. Observing a modest growth with year-on-year changes, it experienced a growth of 0.77% from 2022 to 2023, following a slight increase of 2.28% the year before. Over a longer span of five years, the compound annual growth rate (CAGR) has indicated a marginal decline of -0.54%, reflecting market volatility amidst a peak in 2018 and subsequent oscillations.
Future trends to watch for include potential influences of global steel demand, environmental regulations impacting production, and advancements in manufacturing technologies. These could dictate market dynamics and lead to either stable, increased demand or continued fluctuations. Monitoring international economic factors, such as trade relations and raw material costs, will also be crucial in forecasting the future trajectory of this sector.
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,298,100,000 | 2023 | -0.39% | -1.42% | View data |
| 2 | 2 Netherlands | 1,439,100,000 | 2023 | +1.33% | -0.98% | View data |
| 3 | 3 Romania | 809,420,000 | 2023 | +4.54% | +3.26% | View data |
| 4 | 4 Czech Republic | 799,270,000 | 2023 | +0.87% | +1.3% | View data |
| 5 | 5 Slovakia | 406,610,000 | 2023 | +1.55% | +1.27% | View data |
| 6 | 6 Sweden | 254,500,000 | 2023 | +0.77% | -0.54% | |
| 7 | 7 Slovenia | 100,630,000 | 2023 | +0.89% | +2.63% | View data |
| 8 | 8 Denmark | 40,706,000 | 2023 | +3.48% | +4.34% | View data |
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