The 2024 global export landscape for Sections U of iron or non-alloy steel is led by China, Spain, and Germany, with China holding the top position. The recent year-on-year trends show significant increases in exports by China and South Korea, while Germany and Ukraine experienced declines. Notably, Oman and Kazakhstan have shown impressive growth due to high demand and market expansion. Conversely, Luxembourg, Azerbaijan, and Indonesia faced substantial setbacks.
Looking forward, global market observers should monitor potential shifts arising from evolving geopolitical situations, the push for greener production techniques, and the impact of trade regulations which could reshape the industry landscape.
Top countries in Export of Sections U of Iron or Non-Alloy Steel Not Further Worked Than Hot-Rolled, Hot-Drawn or Extruded, of a Height of More Than 80 mm Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 13.76 | 2023 | +3.75% | +1.75% | View data |
| 2 | 2 Spain | 13.35 | 2023 | +1.3% | +0.14% | View data |
| 3 | 3 Germany | 12.49 | 2023 | +0.51% | -0.66% | View data |
| 4 | 4 Ukraine | 11.71 | 2023 | -2.69% | -3.81% | View data |
| 5 | 5 Poland | 7.76 | 2023 | +1% | -1.41% | View data |
| 6 | 6 Russia | 7.32 | 2023 | +2.36% | +1.09% | View data |
| 7 | 7 South Korea | 4.33 | 2023 | +3.08% | +3.82% | View data |
| 8 | 8 Japan | 3.69 | 2023 | -0.55% | -1.51% | View data |
| 9 | 9 United States | 3.34 | 2023 | -0.094% | -0.62% | View data |
| 10 | 10 Italy | 2.67 | 2023 | -3.59% | -4.87% | View data |
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