European Export of Cold Drawn Bars and Solid Profiles of Non Alloy Steel by Country

In 2023, Italy led European exports of cold drawn bars and solid profiles of non-alloy steel with 515.85 million kilograms, indicating a moderate growth of 0.83% from the previous year. Germany and Spain followed with a downward trend of -0.87% and -3.5% respectively. France, Czechia, and Romania showed varied performances, with Romania experiencing a notable 4.55% increase. Significant declines were observed in the UK, Netherlands, and Croatia, while Hungary and Denmark had remarkable growth rates of 12.87% and 9.08%. Latvia displayed the steepest fall at -35.7%.

Future trends to watch include:

• The rising influence of Eastern European countries as seen in Romania and Bulgaria's consistent growth.
• Potential market recovery for declining exports in Western European nations like the UK and Germany.
• Continued expansion in Italy, driven by innovations and investments in production capacities.