In 2023, Russia led the global export market for semi-finished iron or non-alloy steel products containing over 0.25% carbon, despite a slight decline. Notably, Brazil and Thailand showed growth amid a broader decline, indicating competitive market entries. On the other hand, Japan and Ukraine experienced notable downturns, reflecting potential shifts in production or demand patterns. South Korea saw a sharp dip, possibly due to industry challenges or policy changes. Over the past five years, modest fluctuations and external factors such as global economic conditions and regional trade policies have influenced these trends.
Looking ahead, monitoring geopolitical dynamics, regulatory shifts, and advancements in production technology will be crucial, as they could significantly alter competitive standings in the global market for carbon-rich semi-finished iron and steel products. The forecast suggests emerging markets may increasingly capture larger market shares, driven by advancements in production efficiency and strategic trade partnerships.
Top countries in Export of Semi-Finished Products of Iron or Non-Alloy Steel Containing by Weight 0.25% or More of Carbon Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 35 | 2023 | +0.44% | -2.22% | View data |
| 2 | 2 Brazil | 18.48 | 2023 | +3.71% | +1.23% | View data |
| 3 | 3 Japan | 9.26 | 2023 | +0.63% | -7.63% | View data |
| 4 | 4 Ukraine | 8.88 | 2023 | -14.06% | -13.58% | View data |
| 5 | 5 United Kingdom | 7.22 | 2023 | +1.64% | +2.01% | View data |
| 6 | 6 Germany | 3.9 | 2023 | -1.29% | -2.96% | View data |
| 7 | 7 Kazakhstan | 3.76 | 2023 | -2.04% | -4.36% | View data |
| 8 | 8 Thailand | 2.53 | 2023 | +4.55% | +6.28% | View data |
| 9 | 9 Czech Republic | 1.8 | 2023 | +1.94% | -0.64% | View data |
| 10 | 10 Belarus | 1.62 | 2023 | +1.39% | +1.35% | View data |
