In 2023, Brazil led global exports of alloy steel and semi-finished products of stainless steel, valued at approximately $1.40 billion, with a 3.46% year-on-year growth. Russia and Austria followed with significant export values. Switzerland saw a remarkable 10.4% increase, while notable declines were recorded in Finland and the UK, at -45.75% and -6.63%, respectively. Emerging markets like Bahrain and Malaysia highlighted robust growth, with 69.02% and 35.57% increases. Conversely, exports from the Netherlands and Kazakhstan sharply declined by 35.49% and 36.48%.
Future trends to watch include:
- The expansion of emerging economies as significant export players.
- Potential market volatility impacting traditional leaders like Germany and Japan.
- A shift towards sustainable production and eco-friendly materials influencing global export dynamics.
Top countries in Export of Alloy Steel in Primary Forms and Semi-Finished Products of Stainless Steel by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 1,396,100,000 | 2023 | +4.13% | +3.46% | View data |
| 2 | 2 Russia | 495,970,000 | 2023 | +3.6% | +2.83% | View data |
| 3 | 3 Austria | 374,470,000 | 2023 | +3.37% | +3.43% | View data |
| 4 | 4 France | 374,160,000 | 2023 | +0.58% | -1% | View data |
| 5 | 5 Italy | 357,110,000 | 2023 | +2.03% | +0.78% | View data |
| 6 | 6 Germany | 189,720,000 | 2023 | -1.12% | -1.08% | View data |
| 7 | 7 Japan | 174,290,000 | 2023 | +1.41% | -3.46% | View data |
| 8 | 8 Czech Republic | 134,440,000 | 2023 | +1.57% | -2.22% | View data |
| 9 | 9 Sweden | 81,220,000 | 2023 | +3% | +3.18% | View data |
| 10 | 10 Croatia | 63,278,000 | 2023 | +5.93% | +0.24% | View data |
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