EU: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in the EU

The EU mill rolling roll market declined to $X in 2022, with a decrease of -8.4% against the previous year. Over the period under review, consumption saw a deep reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Mill Rolling Roll Production in the EU

In value terms, mill rolling roll production fell to $X in 2022 estimated in export price. Overall, production, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 16%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Mill Rolling Roll Exports

Exports in the EU

In 2022, mill rolling roll exports in the European Union soared to X units, increasing by 43% on the year before. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 51%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, mill rolling roll exports declined to $X in 2022. In general, exports, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2017 when exports increased by 8.2%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany represented the largest exporting country with an export of about X units, which recorded 32% of total exports. France (X units) held the second position in the ranking, followed by Austria (X units), Italy (X units), the Netherlands (X units), Slovenia (X units), the Czech Republic (X units), Sweden (X units) and Spain (X units). All these countries together held approx. 63% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mill rolling roll exports from Germany stood at +22.9%. At the same time, the Netherlands (+93.9%), the Czech Republic (+28.1%), Austria (+24.7%), Spain (+23.3%), France (+23.1%), Italy (+21.6%), Slovenia (+21.0%) and Sweden (+16.0%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +93.9% from 2012-2022. The Netherlands (+7.1 p.p.), the Czech Republic (+2.2 p.p.) and Austria (+1.5 p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by -3.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Austria ($X) and Slovenia ($X) were the countries with the highest levels of exports in 2022, together comprising 57% of total exports. Italy, France, Sweden, the Czech Republic, Spain and the Netherlands lagged somewhat behind, together comprising a further 37%.

In terms of the main exporting countries, the Netherlands, with a CAGR of +10.6%, recorded the highest growth rate of 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 unit in 2022, falling by -36.5% against the previous year. In general, the export price faced a precipitous descent. The most prominent rate of growth was recorded in 2013 a decrease of -3.4% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (-16.2%), while the other leaders experienced a decline in the export price figures.

Mill Rolling Roll Imports

Imports in the EU

In 2022, overseas purchases of rolls for rolling mills increased by 32% to X units, rising for the third consecutive year after two years of decline. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 665%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, mill rolling roll imports expanded markedly to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 15%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of mill rolling roll imports in 2022 were Austria (X units), together resulting at 100% of total import.

Austria was also the fastest-growing in terms of the rolls for rolling mills imports, with a CAGR of +21.5% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Austria ($X) constitutes the largest market for imported rolls for rolling mills in the European Union.

In Austria, mill rolling roll imports expanded at an average annual rate of +2.2% over the period from 2012-2022.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, waning by -19.2% against the previous year. In general, the import price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2019 when the import price increased by 1,260%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Austria.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to -15.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :