Germany: Market for Wire Rod Used For Concrete Reinforcing 2022

Market Size for Wire Rod Used For Concrete Reinforcing in Germany

In 2021, the German concrete reinforcing wire rod market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption recorded a temperate increase. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Production of Wire Rod Used For Concrete Reinforcing in Germany

In value terms, concrete reinforcing wire rod production soared to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt downturn. Concrete reinforcing wire rod production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Wire Rod Used For Concrete Reinforcing

Exports from Germany

In 2021, after five years of decline, there was significant growth in overseas shipments of wire rod used for concrete reinforcing, when their volume increased by X% to X tons. Overall, exports, however, showed a perceptible slump. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, concrete reinforcing wire rod exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2012; afterwards, it flattened through to 2021.

Exports by Country

Poland (X tons), France (X tons) and Switzerland (X tons) were the main destinations of concrete reinforcing wire rod exports from Germany, together comprising X% of total exports.

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

In value terms, the largest markets for concrete reinforcing wire rod exported from Germany were Poland ($X), France ($X) and Switzerland ($X), together comprising X% of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +X%, recorded the highest rates of growth with regard to 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

The average concrete reinforcing wire rod export price stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, export price indicated a temperate 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, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to Denmark ($X per ton) and Switzerland ($X per ton), while the average price for exports to Belgium ($X per ton) and Finland ($X per ton) were amongst the lowest.

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

Imports of Wire Rod Used For Concrete Reinforcing

Imports into Germany

In 2021, after three years of decline, there was significant growth in overseas purchases of wire rod used for concrete reinforcing, when their volume increased by X% to X tons. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, concrete reinforcing wire rod imports soared to $X in 2021. Overall, total imports indicated modest growth 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 reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), France (X tons) and Switzerland (X tons) were the main suppliers of concrete reinforcing wire rod imports to Germany, together comprising X% of total imports.

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

In value terms, Italy ($X), France ($X) and Switzerland ($X) were the largest concrete reinforcing wire rod suppliers to Germany, together accounting for X% of total imports.

Italy, with a CAGR of +X%, saw the highest rates of growth with regard to 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 concrete reinforcing wire rod import price stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, import price indicated a slight increase 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 supplying countries. In 2021, the countries with the highest prices were Austria ($X per ton) and Italy ($X per ton), while the price for France ($X per ton) and Belgium ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform