In 2023, China dominated the global export of pins of iron or steel, accounting for the largest share among exporting countries. Key players include South Korea, Japan, Germany, and Malaysia. Over the last year, Denmark, Slovenia, and Romania exhibited strong growth, while Malaysia, Spain, and France experienced notable declines. This reflects diverse economic conditions and manufacturing capacities in these regions.
Looking ahead, the focus will be on sustainability and innovation in production. Market fluctuations due to geopolitical tensions and changing trade policies may influence future export dynamics. Monitoring environmental regulations and technological advancements will be crucial for forecasting future market trends.
Top countries in Export of Pins of Iron or Steel, Except Safety Pins by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 9,471,100 | 2023 | -2.18% | -1.46% | View data |
| 2 | 2 South Korea | 1,144,100 | 2023 | +3.43% | +3.43% | View data |
| 3 | 3 Japan | 701,540 | 2023 | -3.54% | -3.81% | View data |
| 4 | 4 Germany | 309,860 | 2023 | +1.96% | +1.95% | View data |
| 5 | 5 Malaysia | 268,240 | 2023 | -27.81% | -20.04% | View data |
| 6 | 6 Czech Republic | 119,770 | 2023 | -1.99% | +1.13% | View data |
| 7 | 7 Indonesia | 100,600 | 2023 | +4.44% | +4.34% | View data |
| 8 | 8 Netherlands | 87,080 | 2023 | +4.41% | +3.56% | View data |
| 9 | 9 Thailand | 80,710 | 2023 | +2.31% | +1.86% | View data |
| 10 | 10 Mexico | 49,410 | 2023 | +2.7% | +2.97% | View data |
