EU: Forged Metal Articles Market 2020

Forged Metal Articles Market Size in the EU

The revenue of the forged metal articles market in the European Union amounted to $X in 2017, surging by X% against the previous year. The forged metal articles consumption continues to indicate a noticeable decline. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. The level of forged metal articles consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Forged Metal Articles Production in the EU

The forged metal articles production totaled X tons in 2017, remaining relatively unchanged against the previous year. The forged metal articles production continues to indicate a moderate reduction. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. Over the period under review, the forged metal articles production reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Forged Metal Articles Exports in the EU

In 2017, exports of forged or stamped articles of iron or steel in the European Union stood at X tons, going up by X% against the previous year. The forged metal articles exports continue to indicate a moderate shrinkage. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, forged metal articles exports stood at $X in 2017. The forged metal articles exports continue to indicate a noticeable slump. Over the period under review, the forged metal articles exports reached its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Forged Metal Articles Exports by Country in the EU

Italy was the major exporter of forged or stamped articles of iron or steel in the European Union, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2017. The Czech Republic (X tons) held the second position in the ranking, followed by Spain (X tons), France (X tons) and Germany (X tons). All these countries together held near X% share of total exports. The UK (X tons), Poland (X tons), Slovakia (X tons), the Netherlands (X tons) and Hungary (X tons) followed a long way behind the leaders.

Italy experienced a relatively flat trend pattern of forged or stamped articles of iron or steel exports. At the same time, Spain (+X%) and Slovakia (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. The Netherlands and Poland experienced a relatively flat trend pattern. By contrast, the Czech Republic (-X%), the UK (-X%), Hungary (-X%), France (-X%) and Germany (-X%) illustrated a downward trend over the same period. Germany (X%), France (X%), Italy (X%) and the Czech Republic (X%) significantly strengthened its position in terms of the global exports, while Spain saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest forged metal articles supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by France ($X), with a X% share of global exports. It was followed by Spain, with a X% share.

In Italy, forged metal articles exports contracted by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: France (-X% per year) and Spain (+X% per year).

Forged Metal Articles Export Prices by Country in the EU

In 2017, the forged metal articles export price in the European Union amounted to $X per ton, surging by X% against the previous year. The forged metal articles export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. In that year, the export prices for forged or stamped articles of iron or steel reached their peak level of $X per ton. From 2009 to 2017, growth of the export prices for forged or stamped articles of iron or steel failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by France (+X% per year), while the other leaders experienced more modest paces of growth.

Forged Metal Articles Imports in the EU

In 2017, forged metal articles imports in the European Union totaled X tons, increasing by X% against the previous year. The forged metal articles imports continue to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. The volume of imports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, forged metal articles imports totaled $X in 2017. The forged metal articles imports continue to indicate a temperate decrease. Over the period under review, the forged metal articles imports attained its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Forged Metal Articles Imports by Country in the EU

The countries with the highest levels of forged metal articles imports in 2017 were Slovakia (X tons), Germany (X tons) and France (X tons), together reaching X% of total import. It was distantly followed by Spain (X tons), Romania (X tons) and Italy (X tons), together creating X% share of total imports. Poland (X tons), the UK (X tons), Austria (X tons), Belgium (X tons), the Czech Republic (X tons) and Ireland (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ireland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Slovakia ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Italy, Spain, the UK, Romania, Belgium, Austria, Poland, the Czech Republic and Ireland lagged somewhat behind, together comprising a further X%.

Ireland (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Forged Metal Articles Import Prices by Country in the EU

The forged metal articles import price in the European Union stood at $X per ton in 2017, rising by X% against the previous year. The forged metal articles import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. In that year, the import prices for forged or stamped articles of iron or steel reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for forged or stamped articles of iron or steel stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the UK ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform