In 2023, Sweden led the global export market for hot rolled stainless steel sheets with a 14.44% share, followed closely by Belgium at 13.44%. China and Japan showed positive growth trends with increases of 1.88% and 5.04%, respectively. Other noteworthy performers include Poland with a significant 9.49% rise, and Slovenia benefiting from a 5.15% increase. Conversely, the United States experienced a minimal upturn of 0.21%, while countries like Germany, Belgium, and Finland saw declines in their export shares.
Future trends to watch include continued improvements in Poland and Slovenia's export shares, indicating potential strategic advantages or market expansions. Alternatively, the declining exports from Sweden and Belgium warrant close monitoring to assess potential shifts in the competitive landscape or demand fluctuations. Watching emerging markets like India and Malaysia is also important due to their growing industrial capacities.
Top countries in Export of Hot Rolled Stainless Steel Not in Coils of a Width of 600 mm or More, Thickness of 4.75-10 mm Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 14.44 | 2023 | +0.64% | -0.42% | View data |
| 2 | 2 Belgium | 13.44 | 2023 | -1.99% | -2.84% | View data |
| 3 | 3 China | 11.67 | 2023 | +4.05% | +1.88% | View data |
| 4 | 4 Germany | 7.15 | 2023 | -0.63% | -2.66% | View data |
| 5 | 5 Japan | 6.45 | 2023 | +0.89% | +5.04% | View data |
| 6 | 6 Italy | 5.97 | 2023 | +0.24% | -0.67% | View data |
| 7 | 7 Slovenia | 4.76 | 2023 | +4.62% | +5.15% | View data |
| 8 | 8 Spain | 4.64 | 2023 | -1.41% | -0.81% | View data |
| 9 | 9 United States | 4.53 | 2023 | +0.3% | +0.21% | View data |
| 10 | 10 South Africa | 3.8 | 2023 | +0.14% | -1% | View data |
