Germany: Steel Plaited Band Market 2024

Steel Plaited Band Market Size in Germany

In 2022, the German steel plaited band market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, showed a pronounced curtailment. Steel plaited band consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Steel Plaited Band Production in Germany

In value terms, steel plaited band production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Steel Plaited Band Exports

Exports from Germany

In 2022, steel plaited band exports from Germany reduced to X tons, with a decrease of X% on the year before. The total export 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 2014 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, steel plaited band exports rose modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Austria (X tons) and the Czech Republic (X tons) were the main destinations of steel plaited band exports from Germany, with a combined X% share of total exports. Algeria, Poland, Australia, the United States, Norway, Denmark, France, Belgium, Romania and the UK lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for steel plaited band exported from Germany were the Czech Republic ($X), the Netherlands ($X) and France ($X), together accounting for X% of total exports. Algeria, Austria, Poland, the United States, Belgium, the UK, Denmark, Norway, Australia and Romania lagged somewhat behind, together comprising a further X%.

Algeria, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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 steel plaited band export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, showed a slight curtailment. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

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

Steel Plaited Band Imports

Imports into Germany

In 2022, overseas purchases of iron or steel plaited bands and slings increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, steel plaited band imports shrank modestly to $X in 2022. Overall, imports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Romania (X tons) constituted the largest supplier of steel plaited band to Germany, accounting for a X% share of total imports. Moreover, steel plaited band imports from Romania exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. Poland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Romania amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Poland (X% per year).

In value terms, Romania ($X) constituted the largest supplier of iron or steel plaited bands and slings to Germany, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Romania totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Poland (X% per year).

Import Prices by Country

The average steel plaited band import price stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Romania ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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