In 2023, Italy emerged as the leading exporter of stainless steel not further worked than hot rolled, drawn, or extruded, with a slight annual growth. Despite a dip, Germany maintained a close second position. France and Spain experienced declines, whereas the United States and Saudi Arabia showed improvements, with Saudi Arabia leading the growth among top exporters. Notably, countries such as Malaysia, Chile, and Botswana exhibited significant growth. On the contrary, nations like Russia and Ukraine faced substantial contractions. Poland also recorded healthy growth, leading the middle-ranked countries.
For future trends, a potential increase in trade tensions or shifts in supply chains could affect these rankings significantly. Technological advancements and environmental regulations might also influence the production and export capacities in the coming years. Monitoring these economic and geopolitical factors will be crucial for understanding the landscape of stainless steel exports. Moreover, the high growth in countries like Malaysia and Chile suggests emerging players that may reshape the market dynamics in the near future.
Top countries in Export of Stainless Steel Not Further Worked Than Hot Rolled, Drawn, Extruded by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 185,170,000 | 2023 | +3.11% | +2.22% | View data |
| 2 | 2 Germany | 184,130,000 | 2023 | -0.013% | -0.6% | View data |
| 3 | 3 France | 135,660,000 | 2023 | -0.23% | -1.18% | View data |
| 4 | 4 India | 127,730,000 | 2023 | +4.41% | +1.72% | View data |
| 5 | 5 Spain | 113,060,000 | 2023 | -0.039% | -2.02% | View data |
| 6 | 6 United States | 99,704,000 | 2023 | +1.51% | +2.82% | View data |
| 7 | 7 Saudi Arabia | 84,748,000 | 2023 | +5.89% | +3.32% | View data |
| 8 | 8 Portugal | 77,151,000 | 2023 | +3.36% | +3.22% | View data |
| 9 | 9 Sweden | 70,712,000 | 2023 | +3.02% | +2.36% | View data |
| 10 | 10 Japan | 66,231,000 | 2023 | +1.36% | -0.6% | View data |
