In 2023, China led global exports of cans of iron or steel of a capacity not exceeding 50 liters, reaching $632.87 million, showing a 3.94% increase from the previous year. Other major exporters included Spain, the United States, and the Netherlands, with Spain experiencing a slight decline of 0.33%. Germany saw a notable decrease of 6.02%. Russia and Oman recorded significant growth of 14.4% and 23.18%, respectively. The overall market has seen varied performance, with certain countries like Poland and the Philippines experiencing positive growth while others like Belgium and South Africa faced declines.
Looking ahead, it is essential to monitor technological advancements in manufacturing, sustainability demand, and geopolitical dynamics, which could influence shifts in export patterns. Emerging markets might also impact the competitive landscape as their production capacities and quality rise, potentially altering current trade hierarchies in this segment.
Top countries in Export of Cans of Iron or Steel of a Capacity Not Exceeding 50L by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 632,870,000 | 2023 | +4.49% | +3.94% | View data |
| 2 | 2 Spain | 293,940,000 | 2023 | +0.3% | -0.33% | View data |
| 3 | 3 United States | 210,470,000 | 2023 | +3.59% | +2.68% | View data |
| 4 | 4 Netherlands | 148,570,000 | 2023 | -0.29% | -1.53% | View data |
| 5 | 5 France | 139,220,000 | 2023 | +0.44% | -1.12% | View data |
| 6 | 6 Italy | 138,960,000 | 2023 | +1.09% | +0.24% | View data |
| 7 | 7 Germany | 124,130,000 | 2023 | -4.94% | -6.02% | View data |
| 8 | 8 United Kingdom | 108,400,000 | 2023 | -0.76% | -0.028% | View data |
| 9 | 9 Denmark | 71,124,000 | 2023 | -1.13% | -0.91% | View data |
| 10 | 10 Thailand | 61,471,000 | 2023 | +2.77% | +4.18% | View data |