In 2024, Germany leads European exports of hot-rolled bars in bearing steels, followed by France and Sweden. The Netherlands and Lithuania showed remarkable growth in 2023, while Romania experienced a significant surge of over 500%. Austria also posted double-digit growth. On the downside, Belgium saw a significant decline, while Sweden, Spain, and Poland faced contractions. Over a five-year period, these dynamics should be analyzed with compound annual growth rates to identify persistent trends and anomalies.
Future trends to watch include potential stability or volatility in emerging markets like Romania and further growth in previously declining countries such as the Netherlands. Environmental regulations and technological advancements may also shape the export landscape in the coming years.
Top countries in Export of Hot-Rolled Bars in Bearing Steels by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 150,720,000 | 2023 | -0.67% | +2.5% | View data |
| 2 | 2 France | 35,752,000 | 2023 | +14.8% | +2.45% | View data |
| 3 | 3 Sweden | 33,241,000 | 2023 | -3.52% | -6.1% | View data |
| 4 | 4 Czechia | 21,510,000 | 2023 | |||
| 5 | 5 Slovakia | 17,129,000 | 2023 | +6.23% | +10.16% | View data |
| 6 | 6 Romania | 5,163,400 | 2023 | +7.42% | +512.29% | View data |
| 7 | 7 Italy | 4,385,800 | 2023 | +6.39% | +0.59% | View data |
| 8 | 8 Spain | 3,484,400 | 2023 | +2.55% | -2.68% | View data |
| 9 | 9 Poland | 2,916,500 | 2023 | +1.42% | -7.09% | View data |
| 10 | 10 Slovenia | 1,440,700 | 2023 | +2.54% | -3% | View data |
