The global export market for baths of iron or steel, excluding cast iron, shows Germany as the leading exporter, with a slight decline of 0.3% in 2023. Notably, Russia, the United Arab Emirates, and Denmark showed significant positive growth, while countries like South Korea and Belgium had marked decreases. Macedonia and Bosnia and Herzegovina exhibited remarkable growth. Meanwhile, Spain, France, and Switzerland faced notable contractions. Over the last five years, exports have experienced diverse growth rates across countries, significantly influenced by economic factors and technological advancements in production.
Future trends to watch include the impact of globalization on emerging markets, technological advancements improving production efficiency, and environmental regulations influencing material choice and manufacturing standards. As geopolitical factors continue to evolve, trade agreements and international relations will also play crucial roles in shaping export dynamics.
Top countries in Export of Baths of Iron or Steel, Except Cast Iron by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 78,203,000 | 2023 | -0.37% | -0.3% | View data |
| 2 | 2 Portugal | 22,653,000 | 2023 | +0.61% | -0.39% | View data |
| 3 | 3 China | 14,813,000 | 2023 | -0.16% | +0.32% | View data |
| 4 | 4 United States | 8,677,200 | 2023 | -2.01% | -1.3% | View data |
| 5 | 5 Russia | 5,526,900 | 2023 | +3.39% | +3.52% | View data |
| 6 | 6 Thailand | 4,603,000 | 2023 | +3.39% | +1.42% | View data |
| 7 | 7 United Arab Emirates | 4,206,100 | 2023 | +5.94% | +3.27% | View data |
| 8 | 8 Kazakhstan | 3,881,500 | 2023 | -1.1% | -0.016% | View data |
| 9 | 9 Spain | 3,422,100 | 2023 | -27.49% | -20.27% | View data |
| 10 | 10 United Kingdom | 2,414,900 | 2023 | +2.52% | -0.56% | View data |
