EU: Market for Wire Rod Used For Concrete Reinforcing 2022

Market Size for Wire Rod Used For Concrete Reinforcing in the EU

After two years of decline, the EU concrete reinforcing wire rod market increased by X% to $X in 2021. The total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Wire Rod Used For Concrete Reinforcing in the EU

In value terms, concrete reinforcing wire rod production rose modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a mild curtailment. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Production By Country in the EU

The countries with the highest volumes of in 2021 were Italy (X tons), Germany (X tons) and Spain (X tons), with a combined X% share of total production. Greece, Portugal, the Czech Republic and Belgium lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Greece (with a CAGR of +X%), while production for the other leaders experienced more modest paces of growth.

Exports of Wire Rod Used For Concrete Reinforcing

Exports in the EU

After two years of decline, overseas shipments of wire rod used for concrete reinforcing increased by X% to X tons in 2021. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, concrete reinforcing wire rod exports skyrocketed to $X in 2021. Total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the nine major exporters of wire rod used for concrete reinforcing, namely Germany, Italy, Spain, the Czech Republic, Belgium, Greece, Poland, France and Portugal, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Greece (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest concrete reinforcing wire rod supplying countries in the European Union were Germany ($X), Italy ($X) and Spain ($X), together comprising X% of total exports. The Czech Republic, Belgium, Greece, Poland, France and Portugal lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, surging by X% against the previous year. Export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Germany ($X per ton) and Poland ($X per ton), while Greece ($X per ton) and Portugal ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the other leaders experienced more modest paces of growth.

Imports of Wire Rod Used For Concrete Reinforcing

Imports in the EU

After two years of decline, purchases abroad of wire rod used for concrete reinforcing increased by X% to X tons in 2021. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, concrete reinforcing wire rod imports soared to $X in 2021. Total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the twelve major importers of wire rod used for concrete reinforcing, namely the Netherlands, Germany, Romania, Poland, Belgium, France, Austria, Italy, Slovakia, Spain, the Czech Republic and Hungary, represented more than two-thirds of total import.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Romania ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for X% of total imports. Poland, France, Belgium, Slovakia, Austria, Italy, Spain, the Czech Republic and Hungary lagged somewhat behind, together comprising a further X the main importing countries, Poland, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, 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 2021, picking up by X% against the previous year. Import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Slovakia ($X per ton) and France ($X per ton), while the Netherlands ($X per ton) and Romania ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform