Italy: Market for Hot-Rolled Bars Of Silico-Manganese Steel 2025

Market Size for Hot-Rolled Bars Of Silico-Manganese Steel in Italy

In 2021, the Italian hot-rolled silico-manganese steel bar market decreased by -44.4% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption showed a abrupt slump. Hot-rolled silico-manganese steel bar consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Hot-Rolled Bars Of Silico-Manganese Steel in Italy

In value terms, hot-rolled silico-manganese steel bar production totaled $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt slump. Hot-rolled silico-manganese steel bar production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Hot-Rolled Bars Of Silico-Manganese Steel

Exports from Italy

After three years of decline, shipments abroad of hot-rolled bars of silico-manganese steel increased by 45% to X tons in 2021. Overall, exports, however, saw a relatively flat trend pattern. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, hot-rolled silico-manganese steel bar exports surged to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), Germany (X tons) and France (X tons) were the main destinations of hot-rolled silico-manganese steel bar exports from Italy, with a combined 69% share of total exports. These countries were followed by Austria, the Czech Republic, Poland, Greece and Hungary, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +8.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hot-rolled silico-manganese steel bar exported from Italy were Spain ($X), Germany ($X) and the Czech Republic ($X), with a combined 65% share of total exports. France, Austria, Poland, Hungary and Greece lagged somewhat behind, together accounting for a further 24%.

Poland, with a CAGR of +7.6%, recorded the highest growth rate of the value of exports, in terms of 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 hot-rolled silico-manganese steel bar export price stood at $X per ton in 2021, increasing by 21% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Greece ($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 Czech Republic (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hot-Rolled Bars Of Silico-Manganese Steel

Imports into Italy

In 2021, overseas purchases of hot-rolled bars of silico-manganese steel increased by 29% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2017 with an increase of 41% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, hot-rolled silico-manganese steel bar imports surged to $X in 2021. Overall, imports, however, recorded a perceptible curtailment. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons), France (X tons) and China (X tons) were the main suppliers of hot-rolled silico-manganese steel bar imports to Italy, with a combined 78% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +262.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hot-rolled silico-manganese steel bar suppliers to Italy were France ($X), the Czech Republic ($X) and China ($X), together accounting for 77% of total imports.

In terms of the main suppliers, China, with a CAGR of +163.5%, 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 hot-rolled silico-manganese steel bar import price stood at $X per ton in 2021, surging by 23% against the previous year. Overall, the import price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 38%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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 Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+47.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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