The global export landscape of iron or non-alloy steel bar and rod of free cutting steel in 2023 showed Germany as a leading exporter, exhibiting moderate growth. France also maintained substantial exports with steady growth. Switzerland and Canada observed declines, while Czech Republic and Malaysia saw noticeable improvements. The UK and the US experienced significant contractions in export values. The emerging player in the Middle East, UAE, remained stable.
Future trends to watch include potential growth in Asia, primarily driven by Malaysia. Innovation and demand shifts in manufacturing processes might influence export dynamics, with sustainability and steel alternatives becoming crucial factors impacting future exports.
Top countries in Export of Iron or Non-Alloy Steel Bar and Rod of Free Cutting Steel by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 84,322,000 | 2023 | +3.38% | +2.18% | View data |
| 2 | 2 France | 45,218,000 | 2023 | +1.16% | +1.5% | View data |
| 3 | 3 Switzerland | 44,140,000 | 2023 | +2.09% | -5.11% | View data |
| 4 | 4 Canada | 21,472,000 | 2023 | +0.98% | -4.24% | View data |
| 5 | 5 United Arab Emirates | 9,008,300 | 2023 | +5.39% | -0.0078% | View data |
| 6 | 6 Czech Republic | 8,941,800 | 2023 | +3.71% | +4.79% | View data |
| 7 | 7 Spain | 8,144,700 | 2023 | -4.8% | -5.2% | View data |
| 8 | 8 Italy | 5,465,100 | 2023 | +1.79% | -1.52% | View data |
| 9 | 9 Singapore | 4,253,500 | 2023 | -3.66% | -2.95% | View data |
| 10 | 10 Uganda | 4,065,900 | 2023 | +6.11% | +2.12% | View data |
