Germany: Market for Hot-Rolled Round Bars Of Stainless Steel 2025

Market Size for Hot-Rolled Round Bars Of Stainless Steel in Germany

The German hot-rolled round stainless steel market fell slightly to $X in 2021, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2020, and then dropped modestly in the following year.

Production of Hot-Rolled Round Bars Of Stainless Steel in Germany

In value terms, hot-rolled round stainless steel production declined to $X in 2021 estimated in export price. Overall, production saw a slight shrinkage. The most prominent rate of growth was recorded in 2020 when the production volume increased by 1% against the previous year. Hot-rolled round stainless steel production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Hot-Rolled Round Bars Of Stainless Steel

Exports from Germany

After four years of decline, shipments abroad of hot-rolled round bars of stainless steel increased by 18% to X tons in 2021. Overall, exports, however, continue to indicate a slight downturn. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, hot-rolled round stainless steel exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), Austria (X tons) and the Netherlands (X tons) were the main destinations of hot-rolled round stainless steel exports from Germany, together accounting for 38% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +52.5%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), China ($X) and the Netherlands ($X) constituted the largest markets for hot-rolled round stainless steel exported from Germany worldwide, with a combined 34% share of total exports.

In terms of the main countries of destination, China, with a CAGR of +40.3%, saw 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 average hot-rolled round stainless steel export price amounted to $X per ton, rising by 18% against the previous year. Over the period under review, the export price, however, continues to indicate a slight decline. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hot-Rolled Round Bars Of Stainless Steel

Imports into Germany

After two years of decline, purchases abroad of hot-rolled round bars of stainless steel increased by 22% to X tons in 2021. In general, imports recorded 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 failed to regain momentum.

In value terms, hot-rolled round stainless steel imports skyrocketed to $X in 2021. Overall, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% 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

Spain (X tons), France (X tons) and Sweden (X tons) were the main suppliers of hot-rolled round stainless steel imports to Germany, together comprising 65% of total imports. These countries were followed by India, Italy, Belgium, the Netherlands and the UK, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +37.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hot-rolled round stainless steel suppliers to Germany were Spain ($X), France ($X) and Sweden ($X), together accounting for 65% of total imports. These countries were followed by the UK, Italy, India, Belgium and the Netherlands, which together accounted for a further 27%.

Belgium, with a CAGR of +38.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hot-rolled round stainless steel import price stood at $X per ton in 2021, increasing by 31% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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