EU: Cold-Rolled Steel Products Market 2024

Cold-Rolled Steel Products Market Size in the EU

The EU cold-rolled steel products market reduced to $X in 2023, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Cold-Rolled Steel Products Production in the EU

In value terms, cold-rolled steel products production reached $X in 2023 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Cold-Rolled Steel Products Exports

Exports in the EU

Cold-rolled steel products exports reduced slightly to X tons in 2023, waning by X% against 2022. In general, exports showed a slight decrease. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, cold-rolled steel products exports fell markedly to $X in 2023. Total exports indicated a slight expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2022, and then declined sharply in the following year.

Exports by Country

The biggest shipments were from Belgium (X tons), Germany (X tons), the Netherlands (X tons) and Italy (X tons), together amounting to X% of total export. Finland (X tons) held the next position in the ranking, followed by France (X tons), Austria (X tons) and Sweden (X tons). All these countries together took near X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Sweden (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest cold-rolled steel products supplying countries in the European Union were Belgium ($X), Germany ($X) and the Netherlands ($X), together accounting for X% of total exports.

Among the main exporting countries, the Netherlands, 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 the European Union stood at $X per ton in 2023, falling by X% against the previous year. Export price indicated a measured increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, cold-rolled steel products export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2022, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per ton), while Austria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Cold-Rolled Steel Products Imports

Imports in the EU

In 2023, imports of flat-rolled products of iron or steel (not further worked than cold-rolled) in the European Union shrank to X tons, declining by X% on 2022 figures. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, cold-rolled steel products imports reduced sharply to $X in 2023. Total imports indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2022, and then dropped markedly in the following year.

Imports by Country

In 2023, Germany (X tons), Belgium (X tons), Italy (X tons), the Netherlands (X tons), Poland (X tons), France (X tons), Spain (X tons) and the Czech Republic (X tons) was the largest importer of flat-rolled products of iron or steel (not further worked than cold-rolled) in the European Union, making up X% of total import. Austria (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports. Poland, Belgium, France, Spain, the Czech Republic and Austria lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded 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

In 2023, the import price in the European Union amounted to $X per ton, reducing by X% against the previous year. Import price indicated a mild increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, cold-rolled steel products import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2022, and then reduced remarkably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform