EU: Market for Iron Or Steel Bridges And Bridge-Sections 2025

Market Size for Iron Or Steel Bridges And Bridge-Sections in the EU

In 2022, the EU iron or steel bridges market increased by 112% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption enjoyed a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Iron Or Steel Bridges And Bridge-Sections in the EU

In value terms, iron or steel bridges production declined modestly to $X in 2022 estimated in export price. Overall, production, however, showed a slight decrease. The pace of growth was the most pronounced in 2016 when the production volume increased by 19%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Iron Or Steel Bridges And Bridge-Sections

Exports in the EU

For the third consecutive year, the European Union recorded decline in shipments abroad of iron or steel bridges and bridge-sections, which decreased by -16.7% to X tons in 2022. Over the period under review, exports recorded a slight curtailment. The growth pace was the most rapid in 2013 with an increase of 42% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, iron or steel bridges exports reduced notably to $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 25% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Italy (X tons), distantly followed by the Netherlands (X tons), Spain (X tons), France (X tons), Belgium (X tons), Poland (X tons) and Germany (X tons) represented the main exporters of iron or steel bridges and bridge-sections, together generating 80% of total exports. Latvia (X tons) held a relatively small share of total exports.

Italy experienced a relatively flat trend pattern with regard to volume of exports of iron or steel bridges and bridge-sections. At the same time, Latvia (+15.2%), Spain (+12.6%), Poland (+9.7%) and Belgium (+7.3%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +15.2% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. By contrast, France (-1.5%) and Germany (-5.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Spain, Poland, Belgium, Italy, Latvia and the Netherlands increased by +8.5, +5.1, +4.8, +3.6, +2.5 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest iron or steel bridges supplying countries in the European Union were Italy ($X), Germany ($X) and Spain ($X), together comprising 44% of total exports. Belgium, the Netherlands, France, Poland and Latvia lagged somewhat behind, together accounting for a further 37%.

In terms of the main exporting countries, Latvia, with a CAGR of +20.7%, 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

In 2022, the export price in the European Union amounted to $X per ton, which is down by -3.6% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 18% against the previous year. The level of export peaked at $X per ton in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+4.8%), while the other leaders experienced more modest paces of growth.

Imports of Iron Or Steel Bridges And Bridge-Sections

Imports in the EU

In 2022, supplies from abroad of iron or steel bridges and bridge-sections decreased by -27.9% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 58%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, iron or steel bridges imports shrank significantly to $X in 2022. Over the period under review, imports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 46% against the previous year. The level of import peaked at $X in 2021, and then dropped notably in the following year.

Imports by Country

In 2022, the Netherlands (X tons), distantly followed by Sweden (X tons), Romania (X tons), Austria (X tons), France (X tons), Germany (X tons), Hungary (X tons) and Italy (X tons) were the major importers of iron or steel bridges and bridge-sections, together making up 75% of total imports. The following importers - Denmark (X tons), Croatia (X tons), Poland (X tons), Lithuania (X tons) and the Czech Republic (X tons) - together made up 14% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Croatia (with a CAGR of +41.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Sweden ($X) and France ($X) were the countries with the highest levels of imports in 2022, together comprising 39% of total imports. Germany, Romania, Austria, Croatia, Hungary, Denmark, the Czech Republic, Italy, Poland and Lithuania lagged somewhat behind, together comprising a further 47%.

Croatia, with a CAGR of +42.8%, 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 the European Union stood at $X per ton in 2022, rising by 8.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2021 an increase of 21%. The level of import peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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