The global export landscape for hot-rolled stainless steel sheets of width less than 600 mm and thickness less than 4.75 mm is dominated by China, holding a significant majority share of 69.03% in kilograms. In 2023, China experienced a year-on-year growth of 4.31%, with other leading exporters such as the United States (0.75%) and Italy (3.95%) also showing positive trends. Notably, Malaysia (14.33%) and Slovakia (103.82%) had substantial growths, whereas Germany (-4.98%) and Japan (-35.76%) displayed declines. The Compound Annual Growth Rate (CAGR) over the last five years highlights China's resilience and expansion in global markets.
Future trends to watch include China's continued dominance and the increasing roles of emerging markets like Malaysia and Slovakia, which are capitalizing on technological advancements and supply chain optimizations. Additionally, geopolitical dynamics, trade policies, and demands in manufacturing sectors will drive market shifts and require adaptation by exporters to maintain competitiveness.
Top countries in Export of Hot Rolled Stainless Steel Sheet of a Width Less Than 600 mm, Thickness Less Than 4.75 mm Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 69.03 | 2023 | +3.77% | +4.31% | View data |
| 2 | 2 United States | 6.82 | 2023 | +2.64% | +0.75% | View data |
| 3 | 3 Italy | 4.82 | 2023 | +3.59% | +3.95% | View data |
| 4 | 4 South Korea | 3.39 | 2023 | +1.01% | -0.81% | View data |
| 5 | 5 Germany | 1.69 | 2023 | -4.95% | -4.98% | View data |
| 6 | 6 United Kingdom | 1.49 | 2023 | +0.67% | +3.18% | View data |
| 7 | 7 South Africa | 0.94 | 2023 | +4.27% | -0.54% | View data |
| 8 | 8 India | 0.88 | 2023 | +0.89% | +2.08% | View data |
| 9 | 9 Malaysia | 0.74 | 2023 | -8.07% | +14.33% | View data |
| 10 | 10 Austria | 0.61 | 2023 | +3.37% | +5.45% | View data |
