Germany: Concrete Reinforcing Bar Market 2024

Concrete Reinforcing Bar Market Size in Germany

In 2022, the German concrete reinforcing bar market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a tangible expansion 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the immediate term.

Concrete Reinforcing Bar Production in Germany

In value terms, concrete reinforcing bar production soared to $X in 2022 estimated in export price. Overall, the total production indicated a measured expansion 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Concrete reinforcing bar production peaked in 2022 and is expected to retain growth in years to come.

Concrete Reinforcing Bar Exports

Exports from Germany

In 2022, concrete reinforcing bar exports from Germany shrank notably to X tons, falling by X% compared with 2021. In general, exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, concrete reinforcing bar exports rose modestly to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), Austria (X tons) and France (X tons) were the main destinations of concrete reinforcing bar exports from Germany, together accounting for X% of total exports. The Netherlands, Switzerland, Italy, Luxembourg, the Czech Republic, Slovakia, Denmark, Belgium, Sweden and Hungary lagged somewhat behind, together comprising a further X%.

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

In value terms, Austria ($X), Poland ($X) and France ($X) appeared to be the largest markets for concrete reinforcing bar exported from Germany worldwide, with a combined X% share of total exports. The Netherlands, Italy, Switzerland, Luxembourg, the Czech Republic, Slovakia, Denmark, Sweden, Belgium and Hungary lagged somewhat behind, together comprising a further X%.

Luxembourg, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average concrete reinforcing bar export price amounted to $X per ton, rising by X% against the previous year. Overall, export price indicated moderate growth 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, concrete reinforcing bar export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovakia ($X per ton) and France ($X per ton), while the average price for exports to Switzerland ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Reinforcing Bar Imports

Imports into Germany

In 2022, purchases abroad of concrete reinforcing bars increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at X tons in 2018; afterwards, it flattened through to 2022.

In value terms, concrete reinforcing bar imports surged to $X in 2022. Overall, imports saw a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Italy (X tons), Poland (X tons) and France (X tons) were the main suppliers of concrete reinforcing bar imports to Germany, together comprising X% of total imports. Belgium, Austria, Algeria, the Netherlands, the Czech Republic, Turkey and Switzerland lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest concrete reinforcing bar suppliers to Germany were Italy ($X), Poland ($X) and France ($X), together accounting for X% of total imports. Belgium, the Czech Republic, Austria, Algeria, the Netherlands, Turkey and Switzerland lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Algeria, with a CAGR of X%, saw 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

The average concrete reinforcing bar import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, import price indicated a temperate 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. Based on 2022 figures, concrete reinforcing bar import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Switzerland ($X per ton) and the Czech Republic ($X per ton), while the price for Turkey ($X per ton) and Algeria ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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