Europe: Non-Alloy Steel U-Section Market 2024

Non-Alloy Steel U-Section Market Size in Europe

The Europe non-alloy steel u-section market dropped modestly to $X in 2022, shrinking by X% against the previous year. Overall, consumption, however, saw a pronounced shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Non-Alloy Steel U-Section Production in Europe

In value terms, non-alloy steel u-section production shrank to $X in 2022 estimated in export price. Overall, production recorded a noticeable decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Non-Alloy Steel U-Section Exports

Exports in Europe

In 2022, non-alloy steel u-section exports in Europe fell remarkably to X tons, waning by X% compared with the previous year's figure. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-alloy steel u-section exports contracted modestly to $X in 2022. In general, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Spain (X tons), Germany (X tons), Poland (X tons), Russia (X tons), Italy (X tons) and the Czech Republic (X tons) was the main exporter of u-sections of non-alloy steel in Europe, creating X% of total export. France (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (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 Poland ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Italy, Russia, the Czech Republic and France lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, the Czech Republic, 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

In 2022, the export price in Europe amounted to $X per ton, surging by X% against the previous year. Overall, the export price continues to indicate moderate growth. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

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 Italy (X%), while the other leaders experienced more modest paces of growth.

Non-Alloy Steel U-Section Imports

Imports in Europe

In 2022, approx. X tons of u-sections of non-alloy steel were imported in Europe; which is down by X% on 2021 figures. Overall, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, non-alloy steel u-section imports rose notably to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), France (X tons), the Netherlands (X tons), the UK (X tons), Poland (X tons), the Czech Republic (X tons), Italy (X tons), Belgium (X tons), Austria (X tons), Belarus (X tons), Romania (X tons) and Portugal (X tons) represented roughly X% of total imports in 2022. Ireland (X tons) took 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, Poland, the Czech Republic, Italy, Belgium, Austria, Ireland, Portugal, Belarus and Romania lagged somewhat behind, together accounting for a further X%.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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, jumping by X% against the previous year. Import price indicated a temperate 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, non-alloy steel u-section import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 Belarus ($X per ton) and Romania ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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