Europe: Concrete Reinforcing Bar Market 2024

Concrete Reinforcing Bar Market Size in Europe

In 2022, the Europe concrete reinforcing bar market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Concrete Reinforcing Bar Production in Europe

In value terms, concrete reinforcing bar production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable reduction. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Concrete Reinforcing Bar Exports

Exports in Europe

In 2022, the amount of concrete reinforcing bars exported in Europe dropped notably to X tons, shrinking by X% compared with the previous year's figure. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, concrete reinforcing bar exports reduced slightly to $X in 2022. Over the period under review, exports saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Russia (X tons) and Italy (X tons) were the major exporters of concrete reinforcing bars in Europe, together committing X% of total exports. Germany (X tons) ranks next in terms of the total exports with an X% share, followed by Portugal (X%), Poland (X%), Spain (X%) and France (X%). Bulgaria (X tons), Greece (X tons), the Czech Republic (X tons), Belgium (X tons), Austria (X tons) and Hungary (X tons) took a little share of total exports.

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

In value terms, the largest concrete reinforcing bar supplying countries in Europe were Italy ($X), Russia ($X) and Germany ($X), with a combined X% share of total exports. Poland, Portugal, Spain, France, Bulgaria, the Czech Republic, Belgium, Austria, Greece and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Hungary, with a CAGR of X%, saw 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

In 2022, the export price in Europe amounted to $X per ton, growing by X% against the previous year. Export price indicated a notable 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 growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Russia ($X per ton) was 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 Europe

Concrete reinforcing bar imports declined modestly to X tons in 2022, leveling off at the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, concrete reinforcing bar imports surged to $X in 2022. In general, imports, however, posted notable growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X tons), followed by Romania (X tons), the UK (X tons), Belgium (X tons), France (X tons), the Netherlands (X tons) and Poland (X tons) represented the main importers of concrete reinforcing bars, together committing X% of total imports. Austria (X tons), Spain (X tons), the Czech Republic (X tons), Albania (X tons), Slovakia (X tons) and Lithuania (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main 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 ($X) constitutes the largest market for imported concrete reinforcing bars in Europe, comprising X% of total imports. The second position in the ranking was held by Romania ($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

The import price in Europe stood at $X per ton in 2022, with an increase of X% against the previous year. Import price indicated a tangible 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 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 reached the peak figure in 2022 and is likely to see steady 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 Albania ($X per ton) and Romania ($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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