Germany: Market for Raw Steel And Steel Semi-Finished Products 2022

Market Size for Raw Steel And Steel Semi-Finished Products in Germany

After three years of decline, the german market for raw steel and steel semi-finished products increased by X% to $X in 2021.Overall, consumption, however, saw a perceptible shrinkage.Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Raw Steel And Steel Semi-Finished Products in Germany

In value terms, production of raw steel and steel semi-finished products totaled $X in 2021 estimated in export price.Overall, production, however, continues to indicate a deep setback.Production of peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Raw Steel And Steel Semi-Finished Products

Exports from Germany

In 2021, shipments abroad of raw steel and steel semi-finished products increased by X% to X tons, rising for the second year in a row after five years of decline.In general, exports, however, recorded a relatively flat trend pattern.Over the period under review, the exports of attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, exports of raw steel and steel semi-finished products surged to $X in 2021.Over the period under review, exports, however, recorded a relatively flat trend pattern.Over the period under review, the exports of attained the peak figure at $X in 2012; afterwards, it flattened through to 2021.

Exports by Country

France (X tons) was the main destination for exports of raw steel and steel semi-finished products from Germany, accounting for a X% share of total exports. Moreover, exports of raw steel and steel semi-finished products to France exceeded the volume sent to the second major destination, Poland (X tons), sixfold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Spain (+X% per year).

In value terms, France ($X) remains the key foreign market for raw steel and steel semi-finished products exports from Germany, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Spain (+X% per year).

Export Prices by Country

The average export price for raw steel and steel semi-finished products stood at $X per ton in 2021, growing by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Raw Steel And Steel Semi-Finished Products

Imports into Germany

In 2021, overseas purchases of raw steel and steel semi-finished products increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend.Overall, imports, however, showed a pronounced reduction.Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, imports of raw steel and steel semi-finished products surged to $X in 2021.In general, imports, however, saw a perceptible curtailment.Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Russia (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of imports of raw steel and steel semi-finished products to Germany, together comprising X% of total imports.

From 2012 to 2021, the biggest increases were in Russia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Italy ($X) and the Netherlands ($X) were the largest raw steel and steel semi-finished products suppliers to Germany, with a combined X% share of total imports.

Russia, with a cagr of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for raw steel and steel semi-finished products amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, import price for raw steel and steel semi-finished products increased by +X% against 2016 indices.The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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