EU: Steel Plaited Band Market 2024

Steel Plaited Band Market Size in the EU

In 2022, after two years of growth, there was decline in the EU steel plaited band market, when its value decreased by X% to $X. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Steel Plaited Band Production in the EU

In value terms, steel plaited band production surged to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

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Steel Plaited Band Exports

Exports in the EU

Steel plaited band exports reduced to X tons in 2022, which is down by X% compared with the previous year. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, steel plaited band exports shrank slightly to $X in 2022. Overall, exports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the twelve major exporters of iron or steel plaited bands and slings, namely Poland, the Netherlands, Spain, Germany, Belgium, Sweden, Italy, France, Ireland, Slovakia, Portugal and Denmark, represented more than two-thirds of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Ireland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest steel plaited band supplying countries in the European Union were Germany ($X), France ($X) and the Netherlands ($X), together accounting for X% of total exports. Poland, Spain, Italy, Belgium, Slovakia, Sweden, Denmark, Ireland and Portugal lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Export price indicated a pronounced expansion 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. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, 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.

Steel Plaited Band Imports

Imports in the EU

In 2022, imports of iron or steel plaited bands and slings in the European Union dropped sharply to X tons, with a decrease of X% compared with 2021 figures. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, steel plaited band imports declined rapidly to $X in 2022. Overall, imports showed a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons) and Germany (X tons) represented roughly X% of total imports in 2022. France (X tons) took the next position in the ranking, followed by Italy (X tons), Poland (X tons), Denmark (X tons), Belgium (X tons), Ireland (X tons) and Spain (X tons). All these countries together took near X% share of total imports. The following importers - Romania (X tons), Sweden (X tons), Finland (X tons) and Austria (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest steel plaited band importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined X% share of total imports. Spain, Italy, Poland, Denmark, Austria, Belgium, Romania, Finland, Sweden and Ireland lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, increasing by X% against the previous year. Import price indicated a resilient 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. The growth pace was the most rapid in 2015 an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per ton), while Ireland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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