EU: Non-Alloy Steel Ingot Market 2020

Non-Alloy Steel Ingot Market Size in the EU

The revenue of the non-alloy steel ingot market in the European Union amounted to $X in 2017, coming up by X% against the previous year. The non-alloy steel ingot consumption continues to indicate a temperate decline. The growth pace was the most rapid in 2011, with an increase of X% against the previous year. In that year, the non-alloy steel ingot market reached their peak level of $X. From 2012 to 2017, growth of the non-alloy steel ingot market stood at a somewhat lower level.

Non-Alloy Steel Ingot Production in the EU

The non-alloy steel ingot production totaled X tons in 2017, therefore, remained relatively stable against the previous year. The non-alloy steel ingot production continues to indicate a mild slump. The most prominent rate of growth was recorded in 2012, with an increase of X% y-o-y. The volume of non-alloy steel ingot production peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Non-Alloy Steel Ingot Exports in the EU

In 2017, the amount of ingots of non-alloy steel exported in the European Union totaled X tons, surging by X% against the previous year. The non-alloy steel ingot exports continue to indicate a drastic drop. The pace of growth appeared the most rapid in 2017, when exports increased by X% year-to-year. Over the period under review, the non-alloy steel ingot exports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, non-alloy steel ingot exports amounted to $X in 2017. The non-alloy steel ingot exports continue to indicate a drastic contraction. Over the period under review, the non-alloy steel ingot exports attained its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Non-Alloy Steel Ingot Exports by Country in the EU

The UK (X tons) and Germany (X tons) were the key exporters of ingots of non-alloy steel in 2017, recording near X% and X% of total exports, respectively. France (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by the Netherlands (X%), Slovakia (X%) and Poland (X%). Italy (X tons), Portugal (X tons), Spain (X tons), Romania (X tons), Belgium (X tons) and the Czech Republic (X tons) occupied the weak share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Spain (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest non-alloy steel ingot markets worldwide were the UK ($X), Germany ($X) and the Netherlands ($X), together accounting for X% of total exports. France, Slovakia, Poland, Italy, Spain, Portugal, Belgium, Romania and the Czech Republic lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries , Spain (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Non-Alloy Steel Ingot Export Prices by Country in the EU

The non-alloy steel ingot export price in the European Union stood at $X per ton in 2017, surging by X% against the previous year. The non-alloy steel ingot export price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2008, when the export prices increased by X% against the previous year. The level of export price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was the Czech Republic ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Non-Alloy Steel Ingot Imports in the EU

In 2017, approx. X tons of ingots of non-alloy steel were imported in the European Union; falling by -X% against the previous year. The non-alloy steel ingot imports continue to indicate a drastic reduction. The growth pace was the most rapid in 2011, with an increase of X% against the previous year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, non-alloy steel ingot imports amounted to $X in 2017. The non-alloy steel ingot imports continue to indicate a drastic shrinkage. Over the period under review, the non-alloy steel ingot imports attained its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Non-Alloy Steel Ingot Imports by Country in the EU

The imports of the four major importers of ingots of non-alloy steel, namely Germany, France, Belgium and Italy, represented more than half of total import. Spain (X tons) occupied the second position in the ranking, followed by Hungary (X tons), the Czech Republic (X tons) and Denmark (X tons). All these countries together took near X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Hungary (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest non-alloy steel ingot markets worldwide were Germany ($X), France ($X) and Belgium ($X), with a combined X% share of total imports. Spain, Italy, the Czech Republic, Denmark and Hungary lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Hungary (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced mixed trends in the imports figures.

Non-Alloy Steel Ingot Import Prices by Country in the EU

The non-alloy steel ingot import price in the European Union stood at $X per ton in 2017, picking up by X% against the previous year. The non-alloy steel ingot import price continues to indicate a slight deduction. The pace of growth was the most pronounced in 2008, when the import prices increased by X% y-o-y. In that year, the import prices for ingots of non-alloy steel reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for ingots of non-alloy steel failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was France ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Belgium (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform