In 2023, the global export share of hot rolled stainless steel not in coils (600 mm or more width, less than 3 mm thickness) was led by China and Slovenia, capturing 46.3% and 30.21% respectively. While China's share increased by a modest 4.8%, Slovenia's rose significantly by 202.81%, indicating rapid expansion. Prominent exporters like the Netherlands, United States, and Belgium showed minimal growth or slight declines. Over five years, exports have been volatile, evidenced by sharp changes in emerging markets and established exporters.
Future trends to watch include Slovenia's expansionary momentum, potentially impacting dominance among traditional leaders like China, the Netherlands, and the United States. Rapid growth in emerging markets like Indonesia, coupled with technological advancements and geopolitical shifts, could substantially alter global export dynamics. Business strategies should emphasize adaptability to these evolving market conditions for maintaining competitiveness.
Top countries in Export of Hot Rolled Stainless Steel Not in Coils of a Width of 600 mm or More, Thickness Less Than 3 mm Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 46.3 | 2023 | +4.89% | +4.8% | View data |
| 2 | 2 Slovenia | 30.21 | 2023 | +4.74% | +202.81% | View data |
| 3 | 3 Netherlands | 6.29 | 2023 | +4.37% | +3.91% | View data |
| 4 | 4 United States | 4.99 | 2023 | -3.05% | -0.49% | View data |
| 5 | 5 Belgium | 3.33 | 2023 | -0.015% | -1.66% | View data |
| 6 | 6 South Korea | 2.38 | 2023 | +0.026% | +5.12% | View data |
| 7 | 7 Malaysia | 2.2 | 2023 | +3.71% | +5.05% | View data |
| 8 | 8 Finland | 1.61 | 2023 | +1.27% | -0.042% | View data |
| 9 | 9 Japan | 1.47 | 2023 | -1.05% | +15.81% | View data |
| 10 | 10 South Africa | 0.94 | 2023 | +1.65% | +0.58% | View data |
