EU: Market for Iron Or Steel Bridges And Bridge-Sections 2024

Market Size for Iron Or Steel Bridges And Bridge-Sections in the EU

After three years of growth, the EU iron or steel bridges market decreased by X% to $X in 2023. The total consumption indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level of $X, and then shrank significantly in the following year.

Production of Iron Or Steel Bridges And Bridge-Sections in the EU

In value terms, iron or steel bridges production reduced slightly to $X in 2023 estimated in export price. Over the period under review, production recorded a slight setback. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Exports of Iron Or Steel Bridges And Bridge-Sections

Exports in the EU

In 2023, overseas shipments of iron or steel bridges and bridge-sections decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports showed a mild decrease. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports remained at a lower figure.

In value terms, iron or steel bridges exports rose to $X in 2023. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Italy (X tons), distantly followed by France (X tons), Belgium (X tons), Spain (X tons), the Netherlands (X tons), Poland (X tons), Luxembourg (X tons) and Germany (X tons) were the key exporters of iron or steel bridges and bridge-sections, together mixing up X% of total exports. Slovakia (X tons) took a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Luxembourg (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest iron or steel bridges supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports. It was followed by Germany, with an X% share.

In Italy, iron or steel bridges exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: France (X% per year) and Germany (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, rising by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.

Imports of Iron Or Steel Bridges And Bridge-Sections

Imports in the EU

After two years of decline, overseas purchases of iron or steel bridges and bridge-sections increased by X% to X tons in 2023. Total imports indicated a measured increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports failed to regain momentum.

In value terms, iron or steel bridges imports rose remarkably to $X in 2023. In general, imports posted a temperate expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Poland (X tons), distantly followed by the Netherlands (X tons), France (X tons), Sweden (X tons), Germany (X tons), Croatia (X tons) and Lithuania (X tons) were the key importers of iron or steel bridges and bridge-sections, together mixing up X% of total imports. Austria (X tons), Hungary (X tons), Portugal (X tons), Romania (X tons), Latvia (X tons) and the Czech Republic (X tons) took a relatively small share of total imports.

From 2012 to 2023, the biggest increases were recorded for Croatia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel bridges importing markets in the European Union were Poland ($X), France ($X) and the Netherlands ($X), with a combined X% share of total imports. Germany, Sweden, Hungary, Austria, Lithuania, the Czech Republic, Romania, Portugal, Latvia and Croatia lagged somewhat behind, together comprising a further X%.

Croatia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Croatia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform