The global export of flat-rolled products of iron or non-alloy steel of a width less than 600 mm, not clad, plated, or coated, is currently led by Germany with significant exports, followed by Italy, the United States, and China. Over the past year, notable growth was observed in Hungary, Latvia, Oman, Portugal, and Kyrgyzstan. According to 2023 trends, some countries like Russia, Ukraine, and Singapore faced a downturn in their exports. Brazil, however, showed a remarkable recovery. Over the past five years, the Compound Annual Growth Rate (CAGR) indicates a shift in export dynamics among the leading and emerging nations.
Future trends to watch include increased competition from emerging exporters like Hungary and Oman, as well as technological advancements in production that could influence global market dynamics. Additionally, geopolitical tensions and environmental regulations are expected to play critical roles in shaping the global export landscape in this sector.
Top countries in Export of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Less Than 600 mm Not Clad, Plated or Coated by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,159,900,000 | 2023 | +0.69% | +0.11% | View data |
| 2 | 2 Italy | 523,640,000 | 2023 | +2.15% | +1.28% | View data |
| 3 | 3 United States | 488,980,000 | 2023 | +1.16% | +0.95% | View data |
| 4 | 4 China | 358,590,000 | 2023 | +3.28% | +0.8% | View data |
| 5 | 5 Austria | 224,470,000 | 2023 | -0.66% | -0.64% | View data |
| 6 | 6 Hungary | 205,530,000 | 2023 | +4.74% | +4.44% | View data |
| 7 | 7 South Korea | 190,510,000 | 2023 | +1.69% | +2.03% | View data |
| 8 | 8 Slovakia | 168,290,000 | 2023 | +0.73% | +0.36% | View data |
| 9 | 9 Belgium | 162,180,000 | 2023 | -0.99% | -2.05% | View data |
| 10 | 10 Spain | 161,930,000 | 2023 | +2.05% | +0.99% | View data |
