Report Europe - Hot-Rolled Bars in Bearing Steels - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 24, 2023

Europe - Hot-Rolled Bars in Bearing Steels - Market Analysis, Forecast, Size, Trends and Insights

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Europe: Market for Hot-Rolled Bars In Bearing Steels 2023

Market Size for Hot-Rolled Bars In Bearing Steels in Europe

In 2021, the Europe hot-rolled bearing steel bar market increased by 30% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Hot-Rolled Bars In Bearing Steels in Europe

In value terms, hot-rolled bearing steel bar production stood at $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Hot-Rolled Bars In Bearing Steels

Exports in Europe

In 2021, shipments abroad of hot-rolled bars in bearing steels was finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +3.3% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hot-rolled bearing steel bar exports soared to $X in 2021. Total exports indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Russia (X tons) and Italy (X tons) represented roughly 47% of total exports in 2021. It was distantly followed by Belgium (X tons), Poland (X tons), the Czech Republic (X tons), Romania (X tons), Spain (X tons) and France (X tons), together achieving a 33% share of total exports. Sweden (X tons), Finland (X tons), Slovenia (X tons) and Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Romania (with a CAGR of +26.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2021, with a combined 42% share of total exports. France, the Czech Republic, Belgium, Poland, Spain, Sweden, Romania, Slovenia, Finland and Belarus lagged somewhat behind, together comprising a further 46%.

In terms of the main exporting countries, Romania, with a CAGR of +26.3%, saw 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 Europe stood at $X per ton in 2021, increasing by 26% against the previous year. In general, the export price, however, recorded a slight reduction. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+0.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Hot-Rolled Bars In Bearing Steels

Imports in Europe

After two years of decline, supplies from abroad of hot-rolled bars in bearing steels increased by 28% to X tons in 2021. The total import volume increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the peak figure at X tons in 2018; afterwards, it flattened through to 2021.

In value terms, hot-rolled bearing steel bar imports surged to $X in 2021. Total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), distantly followed by Italy (X tons), France (X tons), Poland (X tons), Belgium (X tons), Spain (X tons) and Lithuania (X tons) represented the largest importers of hot-rolled bars in bearing steels, together achieving 61% of total imports. The following importers - Sweden (X tons), Austria (X tons), Romania (X tons), the Netherlands (X tons), the UK (X tons) and the Czech Republic (X tons) - together made up 22% of total imports.

Germany experienced a relatively flat trend pattern with regard to volume of imports of hot-rolled bars in bearing steels. At the same time, Lithuania (+49.4%), the Netherlands (+11.0%), Poland (+9.7%), Spain (+7.8%), Romania (+6.8%), Italy (+6.8%), Belgium (+5.2%), Sweden (+3.8%), Austria (+3.6%), the Czech Republic (+3.5%) and the UK (+1.1%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Europe, with a CAGR of +49.4% from 2012-2021. By contrast, France (-1.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Lithuania, Poland, Italy and the Netherlands increased by +4.3, +3.2, +2.4 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported hot-rolled bars in bearing steels in Europe, comprising 20% of total imports. The second position in the ranking was held by Italy ($X), with a 10% share of total imports. It was followed by France, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value in Germany was relatively modest. In the other countries, the average annual rates were as follows: Italy (+4.3% per year) and France (-1.3% per year).

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, jumping by 26% against the previous year. Overall, the import price, however, showed a slight decline. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars in bearing steels in Europe?
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The countries with the highest volumes of consumption in 2021 were Germany, Spain and the UK, with a combined 31% share of total consumption. Sweden, France, Austria, the Netherlands, Lithuania, the Czech Republic, Poland, Hungary, Belarus and Finland lagged somewhat behind, together comprising a further 47%.
What are the largest producers of hot-rolled bars in bearing steels in Europe?
+
Russia constituted the country with the largest volume of hot-rolled bearing steel bar production, comprising approx. 26% of total volume. Moreover, hot-rolled bearing steel bar production in Russia exceeded the figures recorded by the second-largest producer, Spain, twofold. The Czech Republic ranked third in terms of total production with a 9.2% share.
What are the leading suppliers of hot-rolled bars in bearing steels in Europe?
+
In value terms, the largest hot-rolled bearing steel bar supplying countries in Europe were Germany, Italy and Russia, with a combined 42% share of total exports. France, the Czech Republic, Belgium, Poland, Spain, Sweden, Romania, Slovenia, Finland and Belarus lagged somewhat behind, together comprising a further 46%.
What are the leading importers of hot-rolled bars in bearing steels in Europe?
+
In value terms, Germany constitutes the largest market for imported hot-rolled bars in bearing steels in Europe, comprising 20% of total imports. The second position in the ranking was taken by Italy, with a 10% share of total imports. It was followed by France, with an 8.5% share.
What is the average export price for hot-rolled bars in bearing steels in Europe?
+
The export price in Europe stood at $1,163 per ton in 2021, rising by 26% against the previous year.
What is the average import price for hot-rolled bars in bearing steels in Europe?
+
In 2021, the import price in Europe amounted to $1,153 per ton, with an increase of 26% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled bearing steel bar in 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 2030.


Product coverage:
• Prodcom 24106630 - Hot-rolled bars in bearing steels
Country coverage:
• Albania
• Andorra
• Bosnia and Herzegovina
• Estonia
• Faroe Islands
• Gibraltar
• Holy See
• Iceland
• Isle of Man
• Latvia
• Liechtenstein
• Lithuania
• Malta
• Moldova
• Monaco
• Montenegro
• North Macedonia
• San Marino
• Serbia
• Slovenia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Europe, split by region and country
• Trade (exports and imports) in 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
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 2012–2022
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

• Albania
• Andorra
• Austria
• Belarus
• Belgium
• Bosnia and Herzegovina
• Bulgaria
• Croatia
• Czech Republic
• Denmark
• Estonia
• Faroe Islands
• Finland
• France
• Germany
• Gibraltar
• Greece
• Holy See
• Hungary
• Iceland
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• North Macedonia
• Malta
• Moldova
• Montenegro
• Netherlands
• Norway
• Poland
• Portugal
• Romania
• Russia
• San Marino
• Serbia
• Slovakia
• Slovenia
• Spain
• Sweden
• Switzerland
• Ukraine
• United Kingdom
• Liechtenstein
• Isle of Man
• Monaco
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
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, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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