In 2023, Brazil led the global export share of semi-finished products of alloy steel (excluding stainless steel) with a significant lead over Russia and Italy. Most European countries like Austria, France, and Germany showed stable but low contributions to the overall market, with a clear dominance by Brazil.
The year-on-year trends from 2022 to 2023 indicate rising exports from Brazil and Austria, with a notable surge from Belgium and Switzerland. On the contrary, Japan, Poland, and the United States faced declines. Noteworthy is the severe reduction in Kazakhstan's export share, while Indonesia expanded rapidly, albeit from a small base.
Future trends to watch for include:
- Continued Brazilian dominance as a market leader with potential to use its growing economy to bolster exports.
- Potential rebound opportunities for countries like Japan and the United States facing recent declines.
- Monitoring emerging export potential in Indonesia and Switzerland, whose recent growth rates suggest upward trends.
- Impact of geopolitical factors, particularly concerning Russia and Ukraine, on global export dynamics.
- Technological advancements and environmental regulations influencing product demand and competitive positioning.
Top countries in Export of Semi-Finished Products of Alloy Steel Except Stainless Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 37.77 | 2023 | +4.13% | +3.46% | View data |
| 2 | 2 Russia | 13.38 | 2023 | +3.77% | +3.03% | View data |
| 3 | 3 Italy | 8.2 | 2023 | +1.84% | +0.67% | View data |
| 4 | 4 Austria | 7.46 | 2023 | +4.94% | +5.49% | View data |
| 5 | 5 Japan | 4.61 | 2023 | +2.04% | -3% | View data |
| 6 | 6 France | 4.19 | 2023 | -0.15% | -2.6% | View data |
| 7 | 7 Germany | 4.14 | 2023 | -1.7% | -1.25% | View data |
| 8 | 8 Czech Republic | 3.32 | 2023 | +2.49% | -1.39% | View data |
| 9 | 9 Belgium | 2.08 | 2023 | +3.23% | +7.34% | View data |
| 10 | 10 Sweden | 1.99 | 2023 | +3.58% | +3.53% | View data |
