Europe: Iron Angle Market 2025

Iron Angle Market Size in Europe

The Europe iron angle market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption showed a mild curtailment. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Iron Angle Production in Europe

In value terms, iron angle production amounted to $X in 2021 estimated in export price. In general, production showed a noticeable decline. The pace of growth was the most pronounced in 2017 with an increase of 14%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Iron Angle Exports

Exports in Europe

In 2021, shipments abroad of angles, shapes and sections (of iron or non-alloy steel) increased by 5.9% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, saw a mild curtailment. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, iron angle exports surged to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Spain (X tons), distantly followed by Germany (X tons), Luxembourg (X tons), Italy (X tons), Poland (X tons) and Russia (X tons) represented the major exporters of angles, shapes and sections (of iron or non-alloy steel), together mixing up 82% of total exports. The following exporters - the Czech Republic (X tons) and Ukraine (X tons) - each amounted to a 5.9% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +0.7%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Spain ($X), Germany ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 62% of total exports. These countries were followed by Italy, Poland, Russia, the Czech Republic and Ukraine, which together accounted for a further 25%.

In terms of the main exporting countries, the Czech Republic, with a CAGR of +3.2%, 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

In 2021, the export price in Europe amounted to $X per ton, jumping by 54% against the previous year. Export price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +2.2% 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 attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Germany ($X per ton) and Italy ($X per ton), while Ukraine ($X per ton) and Russia ($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 Czech Republic (+2.5%), while the other leaders experienced more modest paces of growth.

Iron Angle Imports

Imports in Europe

In 2021, supplies from abroad of angles, shapes and sections (of iron or non-alloy steel) increased by 7.2% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, iron angle imports surged to $X in 2021. Total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some 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.

Imports by Country

The purchases of the four major importers of angles, shapes and sections (of iron or non-alloy steel), namely Germany, France, the Netherlands and the UK, represented more than third of total import. It was distantly followed by Poland (X tons), Italy (X tons) and Belgium (X tons), together mixing up a 15% share of total imports. The Czech Republic (X tons), Portugal (X tons), Austria (X tons), Russia (X tons), Hungary (X tons) and Ireland (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Ireland (with a CAGR of +7.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, with a combined 36% share of total imports. The UK, Italy, Poland, Belgium, the Czech Republic, Austria, Portugal, Ireland, Hungary and Russia lagged somewhat behind, together comprising a further 41%.

Ireland, with a CAGR of +9.0%, 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 Europe stood at $X per ton in 2021, rising by 52% against the previous year. Import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. 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 noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in the Czech Republic ($X per ton) and Belgium ($X per ton), while Russia ($X per ton) and the UK ($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 Czech Republic (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform