EU: Hot-Rolled Wire Rod Market 2020

Hot-Rolled Wire Rod Market Size in the EU

The revenue of the hot-rolled wire rod market in the European Union amounted to $X in 2017, surging by X% against the previous year. The hot-rolled wire rod consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, when market value increased by X% year-to-year. Over the period under review, the hot-rolled wire rod market reached its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Hot-Rolled Wire Rod Production in the EU

In 2017, approx. X tons of hot-rolled wire rod were produced in the European Union; remaining relatively unchanged against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. In that year, the hot-rolled wire rod production attained their peak volume of X tons. From 2015 to 2017, growth of the hot-rolled wire rod production failed to regain its momentum.

Hot-Rolled Wire Rod Exports in the EU

In 2017, the amount of hot-rolled wire rod exported in the European Union amounted to X tons, surging by X% against the previous year. The hot-rolled wire rod exports continue to indicate a slight decline. The growth pace was the most rapid in 2010, when exports increased by X% year-to-year. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, hot-rolled wire rod exports totaled $X in 2017. The hot-rolled wire rod exports continue to indicate a noticeable drop. The level of exports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Hot-Rolled Wire Rod Exports by Country in the EU

In 2017, Germany (X tons), distantly followed by Italy (X tons), Spain (X tons), the Czech Republic (X tons), France (X tons), the UK (X tons), Belgium (X tons), Poland (X tons) and Portugal (X tons) were the largest exporters of hot-rolled wire rod, together comprising X% of total exports.

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

In value terms, Germany ($X), Italy ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2017, together comprising X% of total exports. France, the Czech Republic, the UK, Belgium, Poland and Portugal lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries , Poland (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Hot-Rolled Wire Rod Export Prices by Country in the EU

In 2017, the hot-rolled wire rod export price in the European Union amounted to $X per ton, increasing by X% against the previous year. The hot-rolled wire rod export price continues to indicate a measured drop. The pace of growth was the most pronounced in 2008, when the export prices increased by X% against the previous year. In that year, the export prices for hot-rolled wire rod reached their peak level of $X per ton. From 2009 to 2017, growth of the export prices for hot-rolled wire rod stood at a somewhat lower level.

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 ($X per ton), while Portugal ($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 Germany (-X% per year), while the other leaders experienced a decline in the export price figures.

Hot-Rolled Wire Rod Imports in the EU

In 2017, the amount of hot-rolled wire rod imported in the European Union stood at X tons, increasing by X% against the previous year. The hot-rolled wire rod imports continue to indicate a mild deduction. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the hot-rolled wire rod imports attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, hot-rolled wire rod imports totaled $X in 2017. The hot-rolled wire rod imports continue to indicate a pronounced decline. The level of imports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Hot-Rolled Wire Rod Imports by Country in the EU

The countries with the highest levels of hot-rolled wire rod imports in 2017 were the Netherlands (X tons), Germany (X tons), Italy (X tons), France (X tons), Romania (X tons), Belgium (X tons), Poland (X tons), Slovakia (X tons), the Czech Republic (X tons), Spain (X tons), Sweden (X tons) and the UK (X tons), together finishing at X% of total import.

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

In value terms, the largest hot-rolled wire rod markets worldwide were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined X% share of total imports. These countries were followed by France, Belgium, Romania, the Czech Republic, Poland, Slovakia, Spain, Sweden and the UK, which together accounted for a further X%.

In terms of the main importing countries , Slovakia (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Hot-Rolled Wire Rod Import Prices by Country in the EU

In 2017, the hot-rolled wire rod import price in the European Union amounted to $X per ton, rising by X% against the previous year. The hot-rolled wire rod import price continues to indicate a temperate decline. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. In that year, the import prices for hot-rolled wire rod reached their peak level of $X per ton. From 2012 to 2017, growth of the import prices for hot-rolled wire rod stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Italy ($X per ton), while Romania ($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 Netherlands (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform