EU: Expanded Metal Market 2024

Expanded Metal Market Size in the EU

The EU expanded metal market was estimated at $X in 2022, stabilizing at the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Expanded Metal Production in the EU

In value terms, expanded metal production declined slightly to $X in 2022 estimated in export price. Overall, production, however, showed a mild contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Expanded Metal Exports

Exports in the EU

In 2022, exports of iron or steel expanded metal in the European Union fell slightly to X tons, standing approx. at the previous year's figure. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, expanded metal exports expanded slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Italy (X tons) represented the main exporter of iron or steel expanded metal, making up X% of total exports. Germany (X tons) ranks second in terms of the total exports with a X% share, followed by France (X%), Poland (X%), the Czech Republic (X%) and Belgium (X%). Portugal (X tons) followed a long way behind the leaders.

Exports from Italy decreased at an average annual rate of X% from 2012 to 2022. At the same time, Belgium (X%), the Czech Republic (X%) and Poland (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, France (X%) and Portugal (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium and the Czech Republic increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest expanded metal supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by France, with an X% share.

In Italy, expanded metal exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Expanded Metal Imports

Imports in the EU

In 2022, approx. X tons of iron or steel expanded metal were imported in the European Union; rising by X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, expanded metal imports expanded remarkably to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

France represented the major importing country with an import of about X tons, which recorded X% of total imports. Slovakia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Italy (X%), Germany (X%), the Czech Republic (X%) and Portugal (X%). Romania (X tons), Poland (X tons), Austria (X tons), Finland (X tons), Spain (X tons), Belgium (X tons) and Hungary (X tons) followed a long way behind the leaders.

Imports into France increased at an average annual rate of X% from 2012 to 2022. At the same time, Slovakia (X%), Italy (X%), Poland (X%), Hungary (X%), Spain (X%), Romania (X%), Austria (X%), Portugal (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Germany (X%), Finland (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Slovakia, Italy and Poland increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) constitutes the largest market for imported iron or steel expanded metal in the European Union, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in France totaled X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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