EU: Non-Alloy Steel I-Sections Market 2024

Non-Alloy Steel I-Sections Market Size in the EU

In 2022, the EU non-alloy steel i-sections market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption continues to indicate a slight decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Non-Alloy Steel I-Sections Production in the EU

In value terms, non-alloy steel i-sections production expanded slightly to $X in 2022 estimated in export price. In general, production recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Non-Alloy Steel I-Sections Exports

Exports in the EU

In 2022, exports of i-sections of non-alloy steel in the European Union plummeted to X tons, falling by X% on the previous year. Overall, exports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-alloy steel i-sections exports totaled $X in 2022. Total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Spain represented the largest exporting country with an export of about X tons, which recorded X% of total exports. Germany (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Luxembourg (X%), Poland (X%) and Italy (X%). The Netherlands (X tons) held a little share of total exports.

Spain experienced a relatively flat trend pattern with regard to volume of exports of i-sections of non-alloy steel. The Netherlands experienced a relatively flat trend pattern. Luxembourg (X%), Germany (X%), Italy (X%) and Poland (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Spain increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X) remains the largest non-alloy steel i-sections supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Luxembourg, with a X% share.

In Spain, non-alloy steel i-sections exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and Luxembourg (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, surging by X% against the previous year. Export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel i-sections export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the Netherlands ($X per ton) and Italy ($X per ton), while Spain ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Non-Alloy Steel I-Sections Imports

Imports in the EU

In 2022, the amount of i-sections of non-alloy steel imported in the European Union dropped to X tons, which is down by X% against the year before. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, non-alloy steel i-sections imports reached $X in 2022. Total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, France (X tons), distantly followed by Germany (X tons), the Netherlands (X tons), Italy (X tons), Belgium (X tons), the Czech Republic (X tons) and Portugal (X tons) represented the main importers of i-sections of non-alloy steel, together comprising X% of total imports. Ireland (X tons), Poland (X tons), Hungary (X tons), Romania (X tons), Denmark (X tons) and Greece (X tons) took a little share of total imports.

France experienced a relatively flat trend pattern with regard to volume of imports of i-sections of non-alloy steel. At the same time, Ireland (X%), Italy (X%), Denmark (X%), Hungary (X%) and Greece (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Romania, the Netherlands and the Czech Republic experienced a relatively flat trend pattern. By contrast, Portugal (X%), Poland (X%), Germany (X%) and Belgium (X%) illustrated a downward trend over the same period. Italy (X p.p.) and Ireland (X p.p.) significantly strengthened its position in terms of the total imports, while Belgium and Germany saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) constitutes the largest market for imported i-sections of non-alloy steel in the European Union, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value in France stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, jumping by X% against the previous year. Import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel i-sections import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Denmark ($X per ton) and Belgium ($X per ton), while Greece ($X per ton) and Romania ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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