Iron Bar Market Overview in the Netherlands
In value terms, iron bar production shrank to $ in 2019 estimated in export prices. In general, production recorded a abrupt descent. The growth pace was the most rapid in 2010 when the production volume increased by % y-o-y. Over the period under review, production attained the peak level at $ in 2012; however, from 2013 to 2019, production stood at a somewhat lower figure.
The value of the iron bar market in the Netherlands reduced to $ in 2019, dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated modest growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2015 indices. The most prominent rate of growth was recorded in 2011 when the market value increased by % against the previous year. Over the period under review, the market reached the maximum level at $ in 2018, and then fell in the following year.