In 2023, China leads the global export of sections U of iron or non-alloy steel, followed closely by Spain and Germany. Year-on-year variations show resilience in countries like South Korea and Oman with notable increases, contrasting with significant declines in Italy and Canada. Over the past two years, fluctuations are evident, with several European countries experiencing contractions. The compound annual growth rate over the last five years indicates moderate stability with notable growth regions including Kazakhstan and Oman.
Future trends to watch include potential shifts in global trade dynamics due to geopolitical tensions, innovations in steel production methods, and environmental regulations. Increased infrastructure demands in developing regions may also influence market directions.
Top countries in Export of Sections U of Iron or Non-Alloy Steel Not Further Worked Than Hot-Rolled, Hot-Drawn or Extruded, of a Height of More Than 80 mm by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 186,200,000 | 2023 | +3.75% | +1.75% | View data |
| 2 | 2 Spain | 180,670,000 | 2023 | +1.3% | +0.14% | View data |
| 3 | 3 Germany | 169,050,000 | 2023 | +0.51% | -0.66% | View data |
| 4 | 4 Ukraine | 158,510,000 | 2023 | -2.69% | -3.81% | View data |
| 5 | 5 Poland | 105,000,000 | 2023 | +1% | -1.41% | View data |
| 6 | 6 Russia | 99,042,000 | 2023 | +2.36% | +1.09% | View data |
| 7 | 7 South Korea | 58,629,000 | 2023 | +3.08% | +3.82% | View data |
| 8 | 8 Japan | 49,915,000 | 2023 | -0.55% | -1.51% | View data |
| 9 | 9 United States | 45,151,000 | 2023 | -0.094% | -0.62% | View data |
| 10 | 10 Italy | 36,196,000 | 2023 | -3.59% | -4.87% | View data |
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