The European export of hot-rolled bars of high-speed steel is highly led by Czechia with a massively dominant share. Spain's contributions surged significantly, indicating a notable uprising trend, while smaller players like Slovenia, France, and Luxembourg experienced remarkable declines in their share. Countries like Germany and Poland are witnessing a decreasing trend over the years. In contrast, Italy and Ireland have shown significant growth, albeit from a smaller base, showcasing increased competitiveness.
Future trends to watch include potential shifts in demand driven by technological advancements and emerging markets, which could influence Europe's export dynamics. A growing global emphasis on sustainability may also affect production processes and export rates.
Top countries in Export of Hot-Rolled Bars of High Speed Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czechia | 68.49 | 2023 | |||
| 2 | 2 Spain | 20.53 | 2023 | +7.46% | +171.4% | View data |
| 3 | 3 Sweden | 14.45 | 2023 | +2.63% | +0.42% | View data |
| 4 | 4 Austria | 7.01 | 2023 | -1% | +1.19% | View data |
| 5 | 5 Germany | 3.31 | 2023 | -5.38% | -7.19% | View data |
| 6 | 6 France | 1.53 | 2023 | -50.44% | -34.66% | View data |
| 7 | 7 Italy | 0.67 | 2023 | +27.47% | +43.83% | View data |
| 8 | 8 Belgium | 0.18 | 2021 | -15.53% | -16.66% | View data |
| 9 | 9 Hungary | 0.12 | 2023 | +2.03% | -0.3% | View data |
| 10 | 10 Slovenia | 0.059 | 2023 | -59.46% | -39.56% | View data |