In 2023, China led the global export of hot-rolled bars and rods of stainless steel in irregularly wound coils with 134.26 million kilograms, followed by Italy and South Korea at 81.606 and 79.204 million kilograms respectively. Over the last year, notable growth was recorded in Malaysia (53.97%), Canada (21.8%), and Uganda (159.77%), while Germany (-3.27%), Austria (-14.23%), and the United Arab Emirates (-22.16%) saw declines. The overall market has shown year-on-year variations reflecting global economic and industrial changes, with China and India exhibiting significant expansion.
Future trends to watch include technological advancements in manufacturing, potential trade policy adjustments, and evolving demand patterns, particularly driven by infrastructure growth and environmental concerns in different regions. Monitoring these factors will be crucial for understanding the global export trajectories in this sector.
Top countries in Export of Hot-Rolled Bars and Rods of Stainless Steel in Irregularly Wound Coils by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 134,260,000 | 2023 | +3.62% | +2.47% | View data |
| 2 | 2 Italy | 81,606,000 | 2023 | +1.18% | +1.62% | View data |
| 3 | 3 South Korea | 79,204,000 | 2023 | +2.07% | +1.37% | View data |
| 4 | 4 Japan | 73,753,000 | 2023 | -0.62% | -0.24% | View data |
| 5 | 5 France | 69,382,000 | 2023 | +0.07% | +0.43% | View data |
| 6 | 6 Spain | 66,929,000 | 2023 | +1.86% | +1.76% | View data |
| 7 | 7 India | 41,826,000 | 2023 | +0.22% | +2.49% | View data |
| 8 | 8 Sweden | 38,055,000 | 2023 | +1.09% | +0.85% | View data |
| 9 | 9 Singapore | 27,382,000 | 2023 | -0.39% | +1.83% | View data |
| 10 | 10 United States | 14,574,000 | 2023 | +1.98% | +4.39% | View data |
