In terms of 2023 stainless steel exports, India leads globally, with Italy trailing closely behind. Germany and Spain also play significant roles. Over the past year, Romania and Croatia demonstrated strong growth, whereas Japan and Saudi Arabia saw declines. South Korea and Canada faced significant setbacks, while Kuwait and Bosnia experienced robust growth. Luxembourg, Bulgaria, and Portugal showed notable positive changes.
In examining longer-term trends, continued growth in Asia, particularly India and Malaysia, is likely. European nations like Italy, Germany, and Romania may remain significant players, but emerging competition from Asia should not be overlooked. Watch for technological advancements that could change production and export patterns.
Top countries in Export of Stainless Steel Not Further Worked Than Cold Formed, Cold Finished by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 230,780,000 | 2023 | +2.82% | +3.05% | View data |
| 2 | 2 Italy | 229,970,000 | 2023 | +1.67% | +1.77% | View data |
| 3 | 3 Germany | 88,026,000 | 2023 | +1.82% | +1.79% | View data |
| 4 | 4 Spain | 80,137,000 | 2023 | +1.3% | +0.64% | View data |
| 5 | 5 France | 57,735,000 | 2023 | +1.05% | +1.26% | View data |
| 6 | 6 Ukraine | 33,722,000 | 2023 | +1.06% | +0.73% | View data |
| 7 | 7 Japan | 29,594,000 | 2023 | -0.93% | -1.51% | View data |
| 8 | 8 Austria | 23,951,000 | 2023 | +2.53% | +3.27% | View data |
| 9 | 9 Luxembourg | 19,680,000 | 2023 | +1.39% | +2.47% | View data |
| 10 | 10 Switzerland | 17,734,000 | 2023 | +1.37% | -0.7% | View data |