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Eastern Europe - Hot-Rolled Bars In Free-Cutting Steels - Market Analysis, Forecast, Size, Trends And Insights
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Eastern Europe: Hot-Rolled Free-Cutting Steel Market Overview 2021

Hot-Rolled Free-Cutting Steel Market Size in Eastern Europe

The East European hot-rolled free-cutting steel market dropped to $X in 2019, shrinking by -X% against the previous year. Overall, consumption showed a noticeable setback. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2009 to 2019, the growth of the market remained at a somewhat lower figure.

Hot-Rolled Free-Cutting Steel Production in Eastern Europe

In value terms, hot-rolled free-cutting steel production shrank to $X in 2019 estimated in export prices. Overall, production continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2009 to 2019, production growth remained at a somewhat lower figure.

Production By Country in Eastern Europe

Russia (X tonnes) constituted the country with the largest volume of hot-rolled free-cutting steel production, accounting for X% of total volume. Moreover, hot-rolled free-cutting steel production in Russia exceeded the figures recorded by the second-largest producer, Poland (X tonnes), fourfold. The third position in this ranking was occupied by the Czech Republic (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in Russia totaled -X%. In the other countries, the average annual rates were as follows: Poland (-X% per year) and the Czech Republic (+X% per year).

Hot-Rolled Free-Cutting Steel Exports

Exports in Eastern Europe

In 2019, approx. X tonnes of hot-rolled bars in free-cutting steels were exported in Eastern Europe; growing by X% compared with the previous year's figure. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. The volume of export peaked at X tonnes in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

In value terms, hot-rolled free-cutting steel exports expanded rapidly to $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. The level of export peaked at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic prevails in hot-rolled free-cutting steel exports structure, amounting to X tonnes, which was near X% of total exports in 2019. Russia (X tonnes) occupied the second position in the ranking, followed by Ukraine (X tonnes), Estonia (X tonnes), Bulgaria (X tonnes) and Poland (X tonnes). All these countries together occupied near X% share of total exports. Romania (X tonnes) held a little share of total exports.

From 2007 to 2019, average annual rates of growth with regard to hot-rolled free-cutting steel exports from the Czech Republic stood at +X%. At the same time, Ukraine (+X%) and Romania (+X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2007-2019. Bulgaria and Estonia experienced a relatively flat trend pattern. By contrast, Russia (-X%) and Poland (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of the Czech Republic, Ukraine and Estonia increased by +X%, +X% and +X% percentage points, while Russia (-X p.p.) and Poland (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest hot-rolled free-cutting steel supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports. It was followed by Estonia, with a X% share.

From 2007 to 2019, the average annual growth rate of value in the Czech Republic totaled +X%. In the other countries, the average annual rates were as follows: Russia (-X% per year) and Estonia (X% per year).

Export Prices by Country

The hot-rolled free-cutting steel export price in Eastern Europe stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period under review, the export price showed a mild decrease. The most prominent rate of growth was recorded in 2008 when the export price increased by X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Romania ($X per tonne), while Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bulgaria, while the other leaders experienced mixed trends in the export price figures.

Hot-Rolled Free-Cutting Steel Imports

Imports in Eastern Europe

In 2019, after three years of growth, there was significant decline in overseas purchases of hot-rolled bars in free-cutting steels, when their volume decreased by -X% to X tonnes. Over the period under review, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, hot-rolled free-cutting steel imports contracted notably to $X in 2019. In general, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

Imports by Country

Poland represented the key importer of hot-rolled bars in free-cutting steels in Eastern Europe, with the volume of imports amounting to X tonnes, which was near X% of total imports in 2019. The Czech Republic (X tonnes) ranks second in terms of the total imports with a X% share, followed by Romania (X%). The following importers - Belarus (X tonnes), Hungary (X tonnes), Bulgaria (X tonnes) and Ukraine (X tonnes) - together made up X% of total imports.

From 2007 to 2019, the biggest increases were in Ukraine (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hot-rolled free-cutting steel importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Romania ($X), together accounting for X% of total imports. These countries were followed by Hungary, Bulgaria, Belarus and Ukraine, which together accounted for a further X saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2019, the hot-rolled free-cutting steel import price in Eastern Europe amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Bulgaria ($X per tonne), while Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bulgaria, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars in free-cutting steels in Eastern Europe?
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The country with the largest volume of hot-rolled free-cutting steel consumption was Russia (144K tonnes), accounting for 56% of total volume. Moreover, hot-rolled free-cutting steel consumption in Russia exceeded the figures recorded by the second-largest consumer, Poland (40K tonnes), fourfold. Ukraine (23K tonnes) ranked third in terms of total consumption with a 9% share.
What are the largest producers of hot-rolled bars in free-cutting steels in Eastern Europe?
+
Russia (146K tonnes) constituted the country with the largest volume of hot-rolled free-cutting steel production, accounting for 56% of total volume. Moreover, hot-rolled free-cutting steel production in Russia exceeded the figures recorded by the second-largest producer, Poland (34K tonnes), fourfold. The third position in this ranking was occupied by the Czech Republic (27K tonnes), with a 10% share.
What are the leading suppliers of hot-rolled bars in free-cutting steels in Eastern Europe?
+
In value terms, the Czech Republic ($7.8M) remains the largest hot-rolled free-cutting steel supplier in Eastern Europe, comprising 61% of total exports. The second position in the ranking was occupied by Russia ($1.2M), with a 9.3% share of total exports. It was followed by Estonia, with a 7.1% share.
What are the leading importers of hot-rolled bars in free-cutting steels in Eastern Europe?
+
In value terms, Poland ($5.2M), the Czech Republic ($3M) and Romania ($644K) were the countries with the highest levels of imports in 2019, with a combined 84% share of total imports. Hungary, Bulgaria, Belarus and Ukraine lagged somewhat behind, together comprising a further 13%.
What is the average export price for hot-rolled bars in free-cutting steels in Eastern Europe?
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The hot-rolled free-cutting steel export price in Eastern Europe stood at $717 per tonne in 2019, declining by -12.7% against the previous year.
What is the average import price for hot-rolled bars in free-cutting steels in Eastern Europe?
+
In 2019, the hot-rolled free-cutting steel import price in Eastern Europe amounted to $788 per tonne, which is down by -13% against the previous year.

Product coverage:
• Prodcom 24106230 - Hot-rolled bars in free-cutting steels

This report provides an in-depth analysis of the hot-rolled free-cutting steel market in Eastern Europe. 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 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Europe, split by region and country
• Trade (exports and imports) in Eastern Europe
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Belarus
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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