United Kingdom - Concrete Reinforcing Bars - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingConcrete Reinforcing Bar Price in the UK - 2023
Contents:
- Concrete Reinforcing Bar Price in the UK (CIF) - 2022
- Concrete Reinforcing Bar Price in the UK (FOB) - 2023
- Concrete Reinforcing Bar Imports in the UK
- Concrete Reinforcing Bar Exports in the UK
Concrete Reinforcing Bar Price in the UK (CIF) - 2022
In 2022, the average concrete reinforcing bar import price amounted to $910 per ton, rising by 19% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete reinforcing bar import price increased by +69.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 43% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($1,871 per ton), while the price for Oman ($740 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+46.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Concrete Reinforcing Bar Price in the UK (FOB) - 2023
In June 2023, the average concrete reinforcing bar export price amounted to $817 per ton, waning by -31.3% against the previous month. Over the period under review, the export price showed a pronounced descent. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 34% m-o-m. Over the period under review, the average export prices hit record highs at $1,386 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($1,688 per ton), while the average price for exports to Ireland ($767 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-1.6%), while the prices for the other major destinations experienced a decline.
Concrete Reinforcing Bar Imports in the UK
Concrete reinforcing bar imports into the UK soared to 577K tons in 2022, growing by 25% against 2021 figures. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, concrete reinforcing bar imports surged to $525M in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 90%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Concrete Reinforcing Bar in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 58.4 | 53.1 | 98.2 | 121 | 27.5% |
Turkey | 45.7 | 6.4 | 42.1 | 117 | 36.8% |
Spain | 23.6 | 30.6 | 40.0 | 35.9 | 15.0% |
France | 7.4 | 10.5 | 20.6 | 34.3 | 66.7% |
Algeria | N/A | 1.5 | 29.6 | 31.8 | 360.4% |
Egypt | 0.1 | N/A | 0.8 | 30.2 | 570.9% |
Greece | N/A | 4.2 | 3.0 | 19.9 | 117.7% |
Belarus | 56.0 | 47.6 | 1.4 | 17.7 | -31.9% |
Malaysia | N/A | N/A | N/A | 16.6 | 0% |
India | N/A | N/A | 14.0 | 14.6 | 4.3% |
United Arab Emirates | 0.5 | N/A | 0.9 | 13.5 | 200.0% |
Germany | 8.9 | 7.4 | 20.3 | 12.3 | 11.4% |
Oman | N/A | N/A | N/A | 8.0 | 0% |
Others | 52.7 | 23.5 | 80.6 | 52.3 | -0.3% |
Total | 253 | 185 | 352 | 525 | 27.5% |
Top Suppliers of Concrete Reinforcing Bar to the UK in 2022:
- Portugal (142.0K tons)
- Turkey (138.9K tons)
- France (40.8K tons)
- Algeria (36.7K tons)
- Spain (35.1K tons)
- Egypt (34.4K tons)
- Belarus (23.3K tons)
- Greece (20.4K tons)
- India (16.2K tons)
- United Arab Emirates (14.2K tons)
- Germany (11.4K tons)
- Oman (10.8K tons)
- Malaysia (8.9K tons)
Concrete Reinforcing Bar Exports in the UK
In 2022, shipments abroad of concrete reinforcing bars decreased by -10.4% to 21K tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 2.1%. As a result, the exports attained the peak of 40K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, concrete reinforcing bar exports expanded sharply to $24M in 2022. Overall, exports showed a pronounced decrease.
Export of Concrete Reinforcing Bar in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 16.0 | 17.7 | 14.4 | 9.6 | -15.7% |
Turkey | N/A | N/A | N/A | 1.8 | 0% |
France | 2.8 | 0.7 | 0.6 | 1.8 | -13.7% |
Netherlands | 0.4 | 0.3 | 0.8 | 0.7 | 20.5% |
Germany | 2.5 | 1.4 | 2.2 | 0.7 | -34.6% |
Spain | 0.8 | 1.3 | 0.1 | N/A | -64.6% |
Others | 3.7 | 2.2 | 3.0 | 9.1 | 35.0% |
Total | 26.2 | 23.5 | 21.1 | 23.6 | -3.4% |
Top Export Markets for Concrete Reinforcing Bar from the UK in 2022:
- Spain (undefinedK tons)
- Ireland (9.0K tons)
- Turkey (1.7K tons)
- France (1.2K tons)
- Germany (0.8K tons)
- Netherlands (0.5K tons)
This report provides an in-depth analysis of the concrete reinforcing bar market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 2410T241 - Concrete reinforcing bars
- Prodcom 24106210 - Hot-rolled concrete reinforcing bars
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the concrete reinforcing bar market in the UK.
This report provides an in-depth analysis of the forged steel bar market in the UK.
This report provides an in-depth analysis of the hot-rolled free-cutting steel market in the UK.
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in the UK.
This report provides an in-depth analysis of the global concrete reinforcing bar market.
Global Forged Steel Bar Market Report 2018. This report provides an in-depth analysis of the global forged steel bar market.
This report provides an in-depth analysis of the global hot-rolled free-cutting steel market.
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
This report provides an in-depth analysis of the concrete reinforcing bar market in the UK.
This report provides an in-depth analysis of the forged steel bar market in the UK.
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o