The global export of semi-finished products of stainless steel is heavily dominated by Indonesia, contributing over half the total volume at 53.9%. Following Indonesia, the United Kingdom and Sweden hold significant shares at 21.14% and 4.1% respectively. Notable year-on-year variations include substantial growth in Slovenia (75.32%) and Brunei (175.78%), while sizeable declines were seen in Spain (-15.33%), Singapore (-13.75%), and the United Arab Emirates (-53.77%). Certain countries such as India (17.09%) and Belgium (12.71%) are demonstrating promising growth trends, whereas established exporters Germany and Japan are facing declining volumes.
Future trends to watch include:
- The ongoing expansion of Indonesia's export capacity in the stainless steel sector.
- Slovenia's potential continued growth as an emerging exporter.
- Potential recovery or restructuring in underperforming regions such as Singapore and the United Arab Emirates.
- Impact of global economic and trade policies on the steel industry dynamics worldwide.
Top countries in Export of Semi-Finished Products of Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 53.9 | 2023 | +6.49% | +4.12% | View data |
| 2 | 2 United Kingdom | 21.14 | 2023 | +0.56% | -0.039% | View data |
| 3 | 3 Sweden | 4.1 | 2023 | -1.11% | -2.14% | View data |
| 4 | 4 Belgium | 2.97 | 2023 | -4.05% | +12.71% | View data |
| 5 | 5 Slovenia | 2.71 | 2023 | +4.5% | +75.32% | View data |
| 6 | 6 South Korea | 2.06 | 2023 | +4.64% | +3.45% | View data |
| 7 | 7 India | 2.06 | 2023 | +1.3% | +17.09% | View data |
| 8 | 8 Slovakia | 2.03 | 2023 | +6.79% | +0.94% | View data |
| 9 | 9 Italy | 1.37 | 2023 | -3.49% | -2.51% | View data |
| 10 | 10 Germany | 1.37 | 2023 | -2.69% | -3.49% | View data |
