In 2023, Germany led the global export market for alloy steel flat-rolled products under 600 mm width, securing 29.51% of market share, with a modest growth of 1.99%. Austria followed with 15.32%, exhibiting a growth rate of 3.88%. Poland and South Africa showed the most significant year-on-year growth, increasing by 9.14% and 9.62%, respectively. Conversely, the Netherlands and Ukraine experienced substantial declines, shrinking by 24.88% and 29.7%. Over the past five years, market dynamics have fluctuated across countries, influencing CAGR metrics variably.
Looking ahead, increased global industrial demand could drive higher exports from top-tier countries like Germany and Austria. However, geopolitical factors and technological advancements may lead to shifts in market share, potentially benefiting countries investing in innovative manufacturing technologies. Observing trade policy developments and global economic conditions will be essential to anticipate future changes in this sector.
Top countries in Export of Alloy Steel Flat-Rolled Products of Width Less Than 600 mm Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.51 | 2023 | +2.28% | +1.99% | View data |
| 2 | 2 Austria | 15.32 | 2023 | +4.01% | +3.88% | View data |
| 3 | 3 Japan | 8.02 | 2023 | -0.53% | -2.36% | View data |
| 4 | 4 France | 7.79 | 2023 | +1.04% | -0.34% | View data |
| 5 | 5 United States | 7.36 | 2023 | +1.58% | +0.87% | View data |
| 6 | 6 China | 5.55 | 2023 | +3.58% | +3.41% | View data |
| 7 | 7 South Korea | 3.49 | 2023 | +3.07% | +3.27% | View data |
| 8 | 8 Russia | 2.48 | 2023 | -1.36% | -3.27% | View data |
| 9 | 9 Slovakia | 2.04 | 2023 | +3.05% | +0.83% | View data |
| 10 | 10 Poland | 1.94 | 2023 | +2.02% | +9.14% | View data |