In 2023, China led the global export of cold-rolled stainless steel pipe or tubing with a dominant share, followed by Japan and the Czech Republic. Japan's exports saw a notable decline, while China's continued to increase. Emerging markets like India and Ukraine displayed modest growth, whereas countries like Sweden and Canada faced reductions. Notably, Norway experienced substantial growth, and Eastern European countries such as Bosnia and Herzegovina significantly increased their exports. Contrasting trends, such as the dramatic fall in Moldova's share, highlight the market's volatility.
Future trends to watch include:
- China's continued influence on global exports and potential advancements in production technology.
- The impact of geopolitical tensions on supply chains, particularly involving the U.S., Russia, and Ukraine.
- Increased focus on sustainable and eco-friendly production methods, impacting competitive edges.
- Potential growth in emerging markets with supportive trade and manufacturing policies.
Top countries in Export of Cold Rolled Stainless Steel Pipe or Tubing Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 34.33 | 2023 | +2.34% | +1.85% | View data |
| 2 | 2 Japan | 9.43 | 2023 | -1.14% | -6.16% | View data |
| 3 | 3 Czech Republic | 7.58 | 2023 | +1.04% | +2.72% | View data |
| 4 | 4 Spain | 6.09 | 2023 | +0.28% | +0.022% | View data |
| 5 | 5 India | 5.66 | 2023 | +4.84% | +5.03% | View data |
| 6 | 6 Germany | 5.31 | 2023 | +1.63% | +0.84% | View data |
| 7 | 7 United States | 4.5 | 2023 | +1.16% | +2.32% | View data |
| 8 | 8 Ukraine | 3.71 | 2023 | +1.09% | -0.46% | View data |
| 9 | 9 Austria | 3.45 | 2023 | +0.96% | +0.53% | View data |
| 10 | 10 South Korea | 3.24 | 2023 | +2.87% | +2.45% | View data |
