EU: Welded Sections Market 2020

Welded Sections Market Size in the EU

The revenue of the welded sections market in the European Union amounted to $X in 2017, declining by -X% against the previous year. The total market indicated a modest growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the welded sections consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2013, with an increase of X% year-to-year. Over the period under review, the welded sections market attained its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Welded Sections Production in the EU

In 2017, approx. X tons of welded sections were produced in the European Union; rising by X% against the previous year. The welded sections production continues to indicate a strong growth. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% against the previous year. The volume of welded sections production peaked in 2017, and is expected to retain its growth in the near future.

Welded Sections Exports in the EU

The exports stood at X tons in 2017, coming up by X% against the previous year. The total exports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the welded sections exports increased by +X% against 2010 indices. The pace of growth appeared the most rapid in 2011, when exports increased by X% year-to-year. Over the period under review, the welded sections exports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, welded sections exports totaled $X in 2017. The total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the welded sections exports decreased by -X% against 2014 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Welded Sections Exports by Country in the EU

The UK (X tons) and Poland (X tons) represented roughly X% of total exports of welded sections in 2017. Portugal (X tons) ranks second in terms of the global exports with a X% share, followed by Spain (X%), Latvia (X%), Italy (X%), Germany (X%), Bulgaria (X%) and Romania (X%).

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

In value terms, Germany ($X), the UK ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2017, together comprising X% of total exports. These countries were followed by Latvia, Portugal, Italy, Spain, Romania and Bulgaria, which together accounted for a further X%.

Portugal (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Welded Sections Export Prices by Country in the EU

The welded sections export price in the European Union stood at $X per ton in 2017, waning by -X% against the previous year. The welded sections export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, when the export prices increased by X% against the previous year. The level of export price peaked of $X per ton in 2008; however, from 2009 to 2017, it 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 Germany ($X per ton), while Bulgaria ($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 Bulgaria (+X% per year), while the other leaders experienced more modest paces of growth.

Welded Sections Imports in the EU

In 2017, approx. X tons of welded sections were imported in the European Union; going down by -X% against the previous year. The welded sections imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when imports increased by X% against the previous year. Over the period under review, the welded sections imports reached its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, welded sections imports stood at $X in 2017. The welded sections imports continue to indicate a relatively flat trend pattern. In that year, the welded sections imports attained their peak level of $X. From 2014 to 2017, growth of the welded sections imports stood at a somewhat lower level.

Welded Sections Imports by Country in the EU

Spain (X tons), Denmark (X tons), Italy (X tons), Austria (X tons), the UK (X tons), France (X tons), the Netherlands (X tons), Germany (X tons), Ireland (X tons), Portugal (X tons) and Belgium (X tons) represented roughly X% of total imports of welded sections in 2017. Poland (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 the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Denmark ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by France, Italy, Spain, Austria, Belgium, Portugal, Poland, Ireland and the Netherlands, which together accounted for a further X%.

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

Welded Sections Import Prices by Country in the EU

The welded sections import price in the European Union stood at $X per ton in 2017, increasing by X% against the previous year. The welded sections import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, an increase of X% year-to-year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per ton), while the Netherlands ($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 Poland (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform