Report Update Apr 1, 2024

Ireland - Hot-Rolled Bars of Silico-Manganese Steel - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Market for Hot-Rolled Bars Of Silico-Manganese Steel 2024

Market Size for Hot-Rolled Bars Of Silico-Manganese Steel in Ireland

In 2022, the Irish hot-rolled silico-manganese steel bar market decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, enjoyed a significant increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of Hot-Rolled Bars Of Silico-Manganese Steel

Exports from Ireland

Hot-rolled silico-manganese steel bar exports from Ireland was estimated at X tons in 2022, remaining stable against 2021 figures. Overall, exports continue to indicate significant growth. The smallest decline of X% was in 2019. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, hot-rolled silico-manganese steel bar exports amounted to $X in 2022. In general, exports recorded buoyant growth. The smallest decline of X% was in 2019. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for hot-rolled silico-manganese steel bar exports from Ireland, with a X% share of total exports. It was followed by Slovakia (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled X%.

In value terms, the largest markets for hot-rolled silico-manganese steel bar exported from Ireland were the Netherlands ($X) and Slovakia ($X).

In terms of the main countries of destination, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average hot-rolled silico-manganese steel bar export price stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2019 when the average export price decreased 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%).

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Imports of Hot-Rolled Bars Of Silico-Manganese Steel

Imports into Ireland

In 2022, purchases abroad of hot-rolled bars of silico-manganese steel decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, hot-rolled silico-manganese steel bar imports fell markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

In 2022, the UK (X tons) was the main hot-rolled silico-manganese steel bar supplier to Ireland, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the UK totaled X%.

In value terms, the UK ($X) constituted the largest supplier of hot-rolled bars of silico-manganese steel to Ireland.

From 2012 to 2022, the average annual growth rate of value from the UK amounted to X%.

Import Prices by Country

In 2022, the average hot-rolled silico-manganese steel bar import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars of silico-manganese steel in the world?

The countries with the highest volumes of consumption in 2023 were Russia, Belarus and the Philippines, with a combined 42% share of global consumption.

What are the largest producers of hot-rolled bars of silico-manganese steel in the world?

The country with the largest volume of hot-rolled silico-manganese steel bar production was Russia, accounting for 39% of total volume. Moreover, hot-rolled silico-manganese steel bar production in Russia exceeded the figures recorded by the second-largest producer, Belarus, threefold. The third position in this ranking was held by Italy, with an 8.4% share.

What are the leading suppliers of hot-rolled bars of silico-manganese steel to Ireland?

In value terms, the UK constituted the largest supplier of hot-rolled bars of silico-manganese steel to Ireland.

What are the leading importers of hot-rolled bars of silico-manganese steel from Ireland?

In value terms, the largest markets for hot-rolled silico-manganese steel bar exported from Ireland were the Netherlands and Slovakia.

What is the average export price for hot-rolled bars of silico-manganese steel in Ireland?

In 2022, the average hot-rolled silico-manganese steel bar export price amounted to $1,019 per ton, approximately mirroring the previous year.

What is the average import price for hot-rolled bars of silico-manganese steel in Ireland?

In 2022, the average hot-rolled silico-manganese steel bar import price amounted to $2,948 per ton, increasing by 3.9% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled silico-manganese steel bar in Ireland. 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 24106620 - Hot-rolled bars of silico-manganese steel

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023