The global export market for flat rolled silicon-electrical steel of a width less than 600 mm in 2023 showed a dominant share by Germany at 16.85%, with Austria and Russia closely following. In terms of year-on-year variations, Austria and Romania marked significant growth, with increases of 6.06% and 2.94%, respectively. Japan and the United Kingdom saw notable declines, highlighting shifts in market dynamics. Over a five-year span, the market has experienced varied trends, with some countries experiencing steady growth while others faced contractions.
Looking forward, several trends warrant attention:
- Potential recovery in countries like Japan given its significant decline.
- Growth opportunities in emerging markets such as Romania and Singapore.
- Geopolitical influences and technological advancements could reshape market shares.
Top countries in Export of Flat Rolled Silicon-Electrical Steel of a Width Less Than 600 mm Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.85 | 2023 | -1.32% | -2.3% | View data |
| 2 | 2 Austria | 13.69 | 2023 | +5.37% | +6.06% | View data |
| 3 | 3 Russia | 12.2 | 2023 | -0.038% | -1.93% | View data |
| 4 | 4 France | 9.34 | 2023 | -1.64% | -2.67% | View data |
| 5 | 5 United States | 6.41 | 2023 | -0.25% | -1.91% | View data |
| 6 | 6 China | 5.66 | 2023 | +4.65% | +2.2% | View data |
| 7 | 7 Italy | 5.27 | 2023 | +0.38% | -1.12% | View data |
| 8 | 8 Romania | 4.94 | 2023 | +3.27% | +2.94% | View data |
| 9 | 9 Slovakia | 4.9 | 2023 | -0.29% | -1.66% | View data |
| 10 | 10 Slovenia | 4.38 | 2023 | +2.15% | +0.92% | View data |
