In 2023, China dominated global exports of cold rolled stainless steel pipe or tubing, holding a 54.29% share. Spain followed with 8.16%, and India was third with 6.81%. Notable growth came from Denmark and Norway, increasing 40.63% and 42.11%, respectively, while Japan and Italy saw declines. Smaller markets such as Armenia and Bosnia and Herzegovina showed remarkable growth, but from a low base.
Looking ahead to 2024 and beyond, key trends include:
- China's potential continued dominance, though India and Spain may pose increasing competition.
- European countries might experience varied growth rates influenced by regional economic conditions and policies.
- Emerging markets could offer growth opportunities, driven by infrastructure development.
Top countries in Export of Cold Rolled Stainless Steel Pipe or Tubing Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 54.29 | 2023 | +2.95% | +3.01% | View data |
| 2 | 2 Spain | 8.16 | 2023 | +2.47% | +2.25% | View data |
| 3 | 3 India | 6.81 | 2023 | +4.78% | +5.86% | View data |
| 4 | 4 Japan | 5.09 | 2023 | -2.6% | -7.93% | View data |
| 5 | 5 Ukraine | 2.99 | 2023 | +2.06% | +1.74% | View data |
| 6 | 6 South Korea | 2.43 | 2023 | +1.59% | +0.92% | View data |
| 7 | 7 Czech Republic | 2.33 | 2023 | +1.13% | +2.73% | View data |
| 8 | 8 Germany | 1.89 | 2023 | +1.18% | +1.26% | View data |
| 9 | 9 Austria | 1.7 | 2023 | +0.22% | +0.61% | View data |
| 10 | 10 Italy | 1.43 | 2023 | -4.08% | -1.87% | View data |
