In 2023, Italy led the import of bars and rods of silico-manganese steel in Europe, accounting for a significant portion of the market. Czechia and Germany followed but with substantially smaller shares. Notably, Sweden experienced a dramatic year-on-year increase, while Germany and the UK saw declines. Austria showed a remarkable growth rate, although from a low base, while several countries, including Greece and Romania, reported no change.
Looking ahead, import trends may shift due to evolving economic conditions, steel demand fluctuations, and potential trade policy adjustments. Continual monitoring of key economies such as Italy, Czechia, and Germany, alongside emerging players like Sweden, will be essential for accurate forecasting.
Top countries in Import of Bars and Rods of Silico-Manganese Steel, Hot-Rolled, in Irregularly Wound Coils Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 54.51 | 2023 | +3.51% | +1.57% | View data |
| 2 | 2 Czechia | 19.93 | 2023 | |||
| 3 | 3 Germany | 11.05 | 2023 | +11.39% | -2.83% | View data |
| 4 | 4 Poland | 4.07 | 2023 | +1.52% | +0.96% | View data |
| 5 | 5 Slovenia | 4.05 | 2023 | +2.68% | +2.2% | View data |
| 6 | 6 United Kingdom | 3.6 | 2023 | -6.53% | -4.51% | View data |
| 7 | 7 Sweden | 1.25 | 2023 | -2.34% | +316.47% | View data |
| 8 | 8 Portugal | 0.92 | 2021 | -31.36% | -12.74% | View data |
| 9 | 9 Spain | 0.41 | 2023 | +22.36% | -4.01% | View data |
| 10 | 10 Hungary | 0.37 | 2023 | +4.55% | -6.65% | View data |
