Europe: Iron Angle Market 2024

Iron Angle Market Size in Europe

The Europe iron angle market reduced to $X in 2022, stabilizing at the previous year. Over the period under review, consumption continues to indicate a mild descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Iron Angle Production in Europe

In value terms, iron angle production reached $X in 2022 estimated in export price. Over the period under review, production saw a perceptible downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Iron Angle Exports

Exports in Europe

Iron angle exports reduced to X tons in 2022, which is down by X% compared with the previous year. Over the period under review, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, iron angle exports amounted to $X in 2022. Total exports indicated a slight 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Spain (X tons), distantly followed by Luxembourg (X tons), Germany (X tons), Italy (X tons), Poland (X tons) and the UK (X tons) represented the largest exporters of angles, shapes and sections (of iron or non-alloy steel), together committing X% of total exports. Russia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Spain ($X), Germany ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Italy, Poland, the UK and Russia lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, the UK, with a CAGR of X%, recorded the highest rates of growth with regard to 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 Europe stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated temperate growth 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, iron angle export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Italy ($X per ton) and Germany ($X per ton), while Russia ($X per ton) and the UK ($X per ton) were amongst the lowest.

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

Iron Angle Imports

Imports in Europe

In 2022, approx. X tons of angles, shapes and sections (of iron or non-alloy steel) were imported in Europe; with a decrease of X% against the previous year's figure. Over the period under review, imports showed a slight contraction. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, iron angle imports reached $X in 2022. Total imports indicated a tangible expansion 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons), France (X tons), the Netherlands (X tons), the UK (X tons), Italy (X tons), Belgium (X tons), Poland (X tons), the Czech Republic (X tons), Portugal (X tons), Romania (X tons), Hungary (X tons) and Austria (X tons) was the main importer of angles, shapes and sections (of iron or non-alloy steel) in Europe, achieving X% of total import. Ireland (X tons) held a relatively small share of total imports.

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

In value terms, Germany ($X), France ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. The UK, Italy, Belgium, Poland, the Czech Republic, Austria, Hungary, Portugal, Romania and Ireland lagged somewhat behind, together comprising a further X%.

Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated a measured 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, iron angle import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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