In 2023, China dominated the global export market for flat-rolled iron or non-alloy steel coated with tin, with a significant share of 24.37%. Germany and the Netherlands followed, holding 13.13% and 13.03% respectively. Despite slight year-on-year increases for Germany and Netherlands, China's exports grew by 4.08%, while Japan and the United States experienced notable declines. Slovakia, South Korea, Canada, and the United Arab Emirates saw moderate growth. Meanwhile, significant declines were observed in Russia, Kazakhstan, and Estonia due to geopolitical and economic factors, underscoring shifts in the market dynamics.
Looking ahead, the global market for flat-rolled iron or non-alloy steel coated with tin will continue to be influenced by geopolitical events and environmental regulations affecting steel production. China's position may further strengthen, propelled by technological advancements in production. Continued regionalization of trade policies can provide opportunities for other countries, particularly those showing resilience and innovation in steel exports.
Top countries in Export of Flat Rolled Iron or Non-Alloy Steel Coated with Tin of a Width of 600 mm or More and Thickness Less Than 0.5 mm Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 24.37 | 2023 | +3.19% | +4.08% | View data |
| 2 | 2 Germany | 13.13 | 2023 | +0.17% | +0.51% | View data |
| 3 | 3 Netherlands | 13.03 | 2023 | +1.64% | +2.69% | View data |
| 4 | 4 Japan | 8.56 | 2023 | -1.67% | -4.27% | View data |
| 5 | 5 Slovakia | 7.75 | 2023 | +1.07% | +1.02% | View data |
| 6 | 6 South Korea | 6.49 | 2023 | +0.12% | +0.71% | View data |
| 7 | 7 France | 4.41 | 2023 | -2.98% | -3.01% | View data |
| 8 | 8 Belgium | 4.35 | 2023 | -0.75% | -0.41% | View data |
| 9 | 9 Canada | 2.82 | 2023 | +0.16% | +1.07% | View data |
| 10 | 10 Serbia | 2.52 | 2023 | +1.18% | -0.29% | View data |