EU: Concrete Reinforcing Bar Market 2024

Concrete Reinforcing Bar Market Size in the EU

In 2022, the EU concrete reinforcing bar market increased by X% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a perceptible increase 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 maximum level in 2022 and is expected to retain growth in years to come.

Concrete Reinforcing Bar Production in the EU

In value terms, concrete reinforcing bar production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate a slight decrease. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Concrete Reinforcing Bar Exports

Exports in the EU

In 2022, concrete reinforcing bar exports in the European Union shrank to X tons, declining by X% on 2021 figures. In general, exports saw a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, concrete reinforcing bar exports expanded markedly to $X in 2022. Overall, exports recorded a mild decrease. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Italy (X tons), distantly followed by Germany (X tons), Portugal (X tons), Poland (X tons), Spain (X tons), France (X tons) and Bulgaria (X tons) represented the major exporters of concrete reinforcing bars, together achieving X% of total exports. Greece (X tons), the Czech Republic (X tons), Belgium (X tons), Austria (X tons), Hungary (X tons) and Lithuania (X tons) followed a long way behind the leaders.

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

In value terms, Italy ($X), Germany ($X) and Poland ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Portugal, Spain, France, Bulgaria, the Czech Republic, Belgium, Austria, Greece, Hungary and Lithuania lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Lithuania, with a CAGR of X%, saw the highest growth rate of 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 the European Union stood at $X per ton in 2022, jumping by X% against the previous year. Export price indicated a pronounced 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 export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Lithuania ($X per ton) and Germany ($X per ton), while Greece ($X per ton) and Portugal ($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 other leaders experienced more modest paces of growth.

Concrete Reinforcing Bar Imports

Imports in the EU

In 2022, supplies from abroad of concrete reinforcing bars increased by X% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated a noticeable increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, concrete reinforcing bar imports surged to $X in 2022. In general, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons), distantly followed by Romania (X tons), Belgium (X tons), France (X tons), the Netherlands (X tons), Poland (X tons), Austria (X tons) and Spain (X tons) represented the key importers of concrete reinforcing bars, together creating X% of total imports. The Czech Republic (X tons), Slovakia (X tons), Lithuania (X tons), Portugal (X tons) and Hungary (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported concrete reinforcing bars in the European Union, comprising X% of total imports. The second position in the ranking was held by Romania ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

In Germany, concrete reinforcing bar imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Romania (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, picking up by X% against the previous year. Import price indicated a noticeable increase 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 import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Austria ($X per ton) and France ($X per ton), while Romania ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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