Latest Report Update: Dec 27, 2019

United Kingdom - Bars And Rods Of Iron Or Steel (Hot-Rolled) - Market Analysis, Forecast, Size, Trends and Insights
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United Kingdom: Iron Bar Market Overview 2020

Iron Bar Market Size in the UK

The revenue of the iron bar market in the UK amounted to $X in 2018, lowering by -X% against the previous year. In general, iron bar consumption, however, continues to indicate a significant shrinkage. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Iron bar consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Iron Bar Production in the UK

In value terms, iron bar production stood at $X in 2018 estimated in export prices. Over the period under review, iron bar production, however, continues to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2011 when production volume increased by X% against the previous year. Over the period under review, iron bar production attained its maximum level at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Iron Bar Exports

Exports from the UK

In 2018, approx. X tonnes of bars and rods of iron or steel (hot-rolled) were exported from the UK; jumping by X% against the previous year. In general, iron bar exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, iron bar exports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, iron bar exports amounted to $X in 2018. Overall, iron bar exports, however, continue to indicate a drastic deduction. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, iron bar exports reached their maximum at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

Germany (X tonnes), Italy (X tonnes) and Belgium (X tonnes) were the main destinations of iron bar exports from the UK, together comprising X% of total exports. Ireland, the U.S., Turkey, Spain, France, Taiwan, Chinese, the Netherlands, Sweden and Austria lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Austria, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron bar exported from the UK were Germany ($X), Italy ($X) and the U.S. ($X), together accounting for X% of total exports. Belgium, Ireland, France, Spain, Turkey, the Netherlands, Sweden, Taiwan, Chinese and Austria lagged somewhat behind, together comprising a further X the main countries of destination, Taiwan, Chinese recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average iron bar export price amounted to $X per tonne, jumping by X% against the previous year. Overall, the iron bar export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% year-to-year. In that year, the average export prices for bars and rods of iron or steel (hot-rolled) attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for bars and rods of iron or steel (hot-rolled) failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Taiwan, Chinese ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Iron Bar Imports

Imports into the UK

In 2018, approx. X tonnes of bars and rods of iron or steel (hot-rolled) were imported into the UK; growing by X% against the previous year. Overall, iron bar imports, however, continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, iron bar imports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, iron bar imports amounted to $X in 2018. Overall, iron bar imports, however, continue to indicate a temperate descent. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

Portugal (X tonnes), Turkey (X tonnes) and Germany (X tonnes) were the main suppliers of iron bar imports to the UK, with a combined X% share of total imports. These countries were followed by Spain, Ukraine, France, Belarus, the Czech Republic, Russia, Sweden, Italy and Ireland, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Ukraine, while the other leaders experienced more modest paces of growth.

In value terms, the largest iron bar suppliers to the UK were Portugal ($X), Germany ($X) and Turkey ($X), with a combined X% share of total imports. These countries were followed by Spain, France, Ukraine, the Czech Republic, Italy, Sweden, Belarus, Russia and Ireland, which together accounted for a further X recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron bar import price stood at $X per tonne in 2018, picking up by X% against the previous year. In general, the iron bar import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for Belarus ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Ukraine, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
• Prodcom 24106120 - Wire rod of free-cutting steel
• Prodcom 24106130 - Wire rod used for concrete reinforcing (mesh/cold ribbed bars)
• Prodcom 24106140 - Wire rod for tyre cord
• Prodcom 24106190 - Other wire rod (of non-alloy steel)
• Prodcom 24106210 - Hot-rolled concrete reinforcing bars
• Prodcom 24106230 - Hot-rolled bars in free-cutting steels
• Prodcom 24106250 - Forged bars of steel and hot-rolled bars (excluding hollow drill bars and rods) of non-alloy steel (of other than of free-cutting steel)
• Prodcom 24106300 - Hot-rolled wire rod in coil, of stainless steel
• Prodcom 24106410 - Hot-rolled round bars, of stainless steel
• Prodcom 24106430 - Bars and rods of stainless steel, only hot-rolled, only hotdrawn or only extruded (excluding of circular cross-section)
• Prodcom 24106510 - Bars and rods of high-speed steel, hot-rolled, in irregularly wound coils
• Prodcom 24106530 - Bars and rods of silico-manganese steel, hot-rolled, in irregularly wound coils
• Prodcom 24106550 - Hot-rolled wire rod, of bearing steel
• Prodcom 24106570 - Bars and rods of alloy steel other than stainless, hot-rolled, in irregularly wound coils (excluding products of bearing steel, h igh-speed steel or silico-manganese steel)
• Prodcom 24106630 - Hot-rolled bars in bearing steels
• Prodcom 24106640 - Hot-rolled bars in tool steels
• Prodcom 24106650 - Hot-rolled bars (excluding hollow drill bars and rods) of alloy steel (other than of stainless, tool, silico-manganese, bearing and high speed steel)

This report provides an in-depth analysis of the iron bar market in the UK. 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.


Country coverage:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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