Germany: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Germany

For the seventh consecutive year, the German mill rolling roll market recorded decline in sales value, which decreased by -10.8% to $X in 2022. Over the period under review, consumption recorded a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Mill Rolling Roll Production in Germany

In value terms, mill rolling roll production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced decrease. Mill rolling roll production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Mill Rolling Roll Exports

Exports from Germany

For the seventh consecutive year, Germany recorded growth in overseas shipments of rolls for rolling mills, which increased by 43% to X units in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2018 when exports increased by 44% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, mill rolling roll exports reduced notably to $X in 2022. In general, exports, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by 10%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Belgium (X units) and India (X units) were the main destinations of mill rolling roll exports from Germany, with a combined 37% share of total exports. Turkey, the Netherlands, Austria, Russia, Spain, France, Italy, China, the Czech Republic and Sweden lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +45.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Belgium ($X) and India ($X) appeared to be the largest markets for mill rolling roll exported from Germany worldwide, with a combined 37% share of total exports. Turkey, the Netherlands, Austria, Russia, Spain, France, Italy, China, the Czech Republic and Sweden lagged somewhat behind, together accounting for a further 40%.

Turkey, with a CAGR of +15.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mill rolling roll export price stood at $X per unit in 2022, with a decrease of -41.8% against the previous year. In general, the export price saw a precipitous decrease. The most prominent rate of growth was recorded in 2013 an increase of 0.6% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per unit) and the Czech Republic ($X per unit), while the average price for exports to Russia ($X per unit) and Sweden ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-20.7%), while the prices for the other major destinations experienced a decline.

Mill Rolling Roll Imports

Imports into Germany

In 2022, the amount of rolls for rolling mills imported into Germany stood at less than X units, approximately mirroring 2021 figures. Over the period under review, imports showed buoyant growth. The growth pace was the most rapid in 2018 with an increase of 39%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, mill rolling roll imports rose markedly to $X in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by 18% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

China (X units), Ukraine (X units) and Belgium (X units) were the main suppliers of mill rolling roll imports to Germany, with a combined 29% share of total imports.

From 2015 to 2018, the biggest increases were recorded for Ukraine (with a CAGR of +129.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mill rolling roll suppliers to Germany were China ($X), Ukraine ($X) and Belgium ($X), together comprising 29% of total imports.

Among the main suppliers, Ukraine, with a CAGR of +120.6%, saw 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 average mill rolling roll import price stood at $X per unit in 2018, waning by -18.3% against the previous year. Overall, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2016 an increase of 4.8%. The import price peaked at $X per unit in 2017, and then dropped markedly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2018, amid the top importers, the highest price was recorded for prices from Belgium ($X per unit) and France ($X per unit), while the price for the UK ($X per unit) and Brazil ($X per unit) were amongst the lowest.

From 2015 to 2018, the most notable rate of growth in terms of prices was attained by Brazil (-3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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