EU: Hot-Rolled Tool Steel Bar Market 2020

Hot-Rolled Tool Steel Bar Market Size in the EU

The revenue of the hot-rolled tool steel bar market in the European Union amounted to $X in 2017, going up by X% against the previous year. The hot-rolled tool steel bar consumption continues to indicate a temperate downturn. The pace of growth was the most pronounced in 2011, with an increase of X% against the previous year. Over the period under review, the hot-rolled tool steel bar market reached its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Hot-Rolled Tool Steel Bar Production in the EU

In 2017, approx. X tons of hot-rolled bars in tool steels were produced in the European Union; going up by X% against the previous year. The hot-rolled tool steel bar production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. The volume of hot-rolled tool steel bar production peaked of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Hot-Rolled Tool Steel Bar Exports in the EU

In 2017, approx. X tons of hot-rolled bars in tool steels were exported in the European Union; picking up by X% against the previous year. The hot-rolled tool steel bar exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when exports increased by X% year-to-year. Over the period under review, the hot-rolled tool steel bar exports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, hot-rolled tool steel bar exports stood at $X in 2017. The hot-rolled tool steel bar exports continue to indicate a pronounced setback. Over the period under review, the hot-rolled tool steel bar exports reached its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Hot-Rolled Tool Steel Bar Exports by Country in the EU

In 2017, Germany (X tons), distantly followed by Italy (X tons), Belgium (X tons), the Czech Republic (X tons), Spain (X tons), France (X tons), Sweden (X tons) and Finland (X tons) represented the key exporters of hot-rolled bars in tool steels, together mixed up X% of total exports. The following exporters - Romania (X tons) and Slovenia (X tons) each finished at a X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Romania (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest hot-rolled tool steel bar supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by Sweden, with a X% share.

In Germany, hot-rolled tool steel bar exports decreased by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Italy (-X% per year) and Sweden (-X% per year).

Hot-Rolled Tool Steel Bar Export Prices by Country in the EU

The hot-rolled tool steel bar export price in the European Union stood at $X per ton in 2017, growing by X% against the previous year. The hot-rolled tool steel bar export price continues to indicate a noticeable deduction. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% year-to-year. In that year, the export prices for hot-rolled bars in tool steels reached their peak level of $X per ton. From 2009 to 2017, growth of the export prices for hot-rolled bars in tool steels failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Sweden ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Romania (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Hot-Rolled Tool Steel Bar Imports in the EU

The imports stood at X tons in 2017, growing by X% against the previous year. The hot-rolled tool steel bar imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. The volume of imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, hot-rolled tool steel bar imports totaled $X in 2017. The hot-rolled tool steel bar imports continue to indicate a perceptible setback. Over the period under review, the hot-rolled tool steel bar imports attained its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Hot-Rolled Tool Steel Bar Imports by Country in the EU

In 2017, Germany (X tons), distantly followed by Italy (X tons), France (X tons), Spain (X tons), Belgium (X tons), Poland (X tons) and Slovakia (X tons) represented the key importers of hot-rolled bars in tool steels, together constituting X% of total imports. The following importers - Austria (X tons), Romania (X tons), the Czech Republic (X tons), the UK (X tons) and Sweden (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to hot-rolled tool steel bar imports into Germany stood at +X%. At the same time, Spain (+X%), the Czech Republic (+X%) and Romania (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest growing importer in the European Union, with a CAGR of +X% from 2007-2017. Poland and Italy experienced a relatively flat trend pattern. By contrast, France (-X%), Slovakia (-X%), Austria (-X%), Belgium (-X%), the UK (-X%) and Sweden (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Belgium and Sweden increased by X% and X% percentage points, while Germany (-X%) and Spain (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Italy ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Spain, Belgium, Poland, Austria, the Czech Republic, Romania, the UK, Sweden and Slovakia lagged somewhat behind, together comprising a further X%.

Among the main importing countries , the Czech Republic (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Hot-Rolled Tool Steel Bar Import Prices by Country in the EU

In 2017, the hot-rolled tool steel bar import price in the European Union amounted to $X per ton, increasing by X% against the previous year. The hot-rolled tool steel bar import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% against the previous year. In that year, the import prices for hot-rolled bars in tool steels reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for hot-rolled bars in tool steels failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Czech Republic ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Czech Republic (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform