Cold-formed or cold-finished iron or non-alloy steel angles, shapes and sections market in Germany

Earlier Report Observations

The market volume for cold-formed steel angles and shapes in Germany experienced a pronounced dip and recovery between 2018 and 2022. Consumption, measured in physical terms, fell from 299.6 thousand tons in 2018 to 272.7 thousand tons in 2019 and further to 233.8 thousand tons in 2020, marking a total decline of 22%. This trend reversed decisively in the following two years, with the market expanding by 36% to 318.4 thousand tons in 2021 and reaching 365.2 thousand tons in 2022, which was 22% above the 2018 level.

In monetary terms, the market value mirrored this volatility with greater amplitude. It contracted from 438.9 million USD in 2018 to 360.1 million USD in 2019 and 293.1 million USD in 2020. A robust recovery followed, lifting the market value to 479.0 million USD in 2021 and a peak of 550.2 million USD in 2022. Available data for 2024 indicates a market value of 364.7 million USD, reflecting a significant decrease from the high point two years prior.

Production cold-formed angles and shapes in Germany

In value, 2017-2020, M $ US

Germany's production of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections declined for the third consecutive year. In 2020, output was valued at 362.4 million US dollars, marking a 17.6% year-over-year decrease. From 2017 to 2020, production fell by 33.4%, with a compound annual growth rate of -12.7%.

Annual dynamics of production in Germany in value, 2017-2020, M $ US

In kind, 2017-2020, K t

Germany's production of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections declined for the third consecutive year. In 2020, 247.3 thousand tonnes were produced, down 14.8% from the previous year. Between 2017 and 2020, production decreased by 44.8%, with a compound annual growth rate of -18.0%.

Annual dynamics of production in Germany in kind, 2017-2020, K t

Exports cold-formed angles and shapes from Germany

Exports in kind, K t

In 2020, exports of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections from Germany reached 118.4 thousand tonnes, a significant decrease of 11.1% compared to 2019. From 2017 to 2020, exports fell by 11.2%, with a compound annual growth rate of -3.9%. The largest increase occurred in 2019, at 2.5%.

Annual dynamics of product's exports from Germany in kind, 2017-2020, K t

From 2017 to 2020, Austria, the Netherlands, and France were the largest buyers of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections from Germany, accounting for 13.0%, 11.5%, and 11.1% of exports in kind, respectively. Together, they made up 35.7% of total exports, with many smaller partners contributing the remainder.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Germany in kind, 2017-2020

Exports in value, M $ US

Exports of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections from Germany declined for the second consecutive year. In 2020, exports totaled 189.7 million US dollars, down 12.2% from the previous year. Between 2017 and 2020, exports decreased by 3.3%, equating to an annualized rate of -1.1%. The peak value was recorded in 2018 at 218.1 million US dollars, with the largest increase that year at 11.2%.

Annual dynamics of product's exports from Germany in value, 2017-2020, M $ US

From 2017 to 2020, exports in value terms of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections from Germany were not heavily concentrated. Austria, the Netherlands, and France accounted for 11.6%, 10.7%, and 10.6% of exports in value, respectively, totaling 32.9% of overall flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Germany in value, 2017-2020

Imports cold-formed angles and shapes to Germany

Imports in kind, K t

After a two-year increase, imports of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections into Germany declined. In 2020, imports reached 104.9 thousand tonnes, a 9.2% drop from the previous year. The highest volume was recorded in 2019 at 115.5 thousand tonnes, with the largest increase in 2018 at 10.3%.

Annual dynamics of product's imports to Germany in kind, 2017-2020, K t

From 2017 to 2020, Poland, Switzerland, and Austria were the key sources for imports in kind of cold-formed or non-alloy steel angles, shapes, and sections into Germany, representing 29.6%, 16.7%, and 13.7% of imports, respectively. Together, they accounted for 59.9% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Germany in kind, 2017-2020

Imports in value, M $ US

After a two-year rise, imports of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections into Germany declined. In 2020, Germany imported 120.5 million US dollars worth of these products, down 11.9% from a year earlier. Over the period 2017-2020, imports increased by 3.6%, with a compound annual growth rate of 1.2%. The peak value was in 2019 at 136.7 million US dollars, and the largest increase occurred in 2018 at 15.8%.

Annual dynamics of product's imports to Germany in value, 2017-2020, M $ US

From 2017 to 2020, Poland, Switzerland, and Austria were the main sources for imports in value terms of cold-formed or non-alloy steel angles, shapes, and sections into Germany, accounting for 21.5%, 20.2%, and 15.4% of imports, respectively. Together, they absorbed 57.0% of total imports.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Germany in value, 2017-2020