In 2023, Austria led the global export of bar and rod of high-speed steel not in coils, accounting for a significant share of the market, followed by France and China. Notable growth was observed in Denmark, registering an impressive year-on-year increase, while Ukraine and Slovenia saw declines. The Czech Republic and the Philippines also marked substantial growth rates, indicating rising competitive potential. Overall, the five-year CAGR suggests varied growth dynamics among countries, with some maintaining steady increases amid fluctuating patterns elsewhere.
Future trends to watch include potential growth acceleration in emerging markets like Lithuania and Latvia, driven by recent performance trends. Continued economic shifts post-2023 may enhance opportunities in underrepresented regions, potentially reshaping the global export landscape. Effective adaptation to geopolitical and economic changes will be crucial for sustaining long-term market shares.
Top countries in Export of Bar and Rod of High Speed Steel Not in Coils Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 22.71 | 2023 | +1.93% | +0.63% | View data |
| 2 | 2 France | 19.54 | 2023 | +0.97% | -0.26% | View data |
| 3 | 3 China | 15.93 | 2023 | +2.39% | +2.25% | View data |
| 4 | 4 Sweden | 10.94 | 2023 | +1.62% | -0.061% | View data |
| 5 | 5 Germany | 7.32 | 2023 | +1.62% | +0.98% | View data |
| 6 | 6 Japan | 6.54 | 2023 | +0.95% | -0.73% | View data |
| 7 | 7 Czech Republic | 4.1 | 2023 | +6.17% | +7.22% | View data |
| 8 | 8 United States | 3.27 | 2023 | +0.68% | -0.12% | View data |
| 9 | 9 Brazil | 1.54 | 2023 | +3.77% | +1.11% | View data |
| 10 | 10 Ukraine | 1.2 | 2023 | -4.36% | -2.48% | View data |
