Germany leads the global export market of baths of iron or steel, except cast iron, with the largest share. Portugal, China, and the United States follow with significant, yet smaller, shares. Notable growth was observed from Russia, Thailand, and the United Arab Emirates, contrasting with significant declines from Spain, Australia, and Belgium. Emerging markets like Bosnia and Herzegovina, and Ecuador demonstrated remarkable growth.
Future trends to watch include continued expansion from Russia and Thailand, while the impact of geopolitical dynamics and trade agreements on exports from emerging markets such as Macedonia and Bosnia and Herzegovina should also be considered. Focus on innovation and sustainability may also drive changes in international export strategies.
Top countries in Export of Baths of Iron or Steel, Except Cast Iron Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 49.92 | 2023 | -0.37% | -0.3% | View data |
| 2 | 2 Portugal | 14.46 | 2023 | +0.61% | -0.39% | View data |
| 3 | 3 China | 9.45 | 2023 | -0.16% | +0.32% | View data |
| 4 | 4 United States | 5.54 | 2023 | -2.01% | -1.3% | View data |
| 5 | 5 Russia | 3.53 | 2023 | +3.39% | +3.52% | View data |
| 6 | 6 Thailand | 2.94 | 2023 | +3.39% | +1.42% | View data |
| 7 | 7 United Arab Emirates | 2.68 | 2023 | +5.94% | +3.27% | View data |
| 8 | 8 Kazakhstan | 2.48 | 2023 | -1.1% | -0.016% | View data |
| 9 | 9 Spain | 2.18 | 2023 | -27.49% | -20.27% | View data |
| 10 | 10 United Kingdom | 1.54 | 2023 | +2.52% | -0.56% | View data |
