The global export of Hot Rolled Stainless Steel Sheet of a Width Less Than 600 mm, Thickness More Than 4.75 mm is led by India and Germany, with India registering significant growth. Noteworthy exporters also include Italy, South Korea, and Denmark, with Denmark showing a remarkable double-digit growth rate. The Czech Republic and Canada also experienced strong growth in 2023. Conversely, the United States, South Africa, and Belgium faced significant declines. In the broader trend over recent years, Croatia, Oman, and Macedonia displayed the fastest-growing exports, indicated by substantial growth percentages.
Future trends to watch include sustainable practices that may affect production, coupled with geopolitical shifts affecting trade relations. Technologies improving steel quality and reducing production costs may also influence competitive dynamics. Monitoring India's expanding influence and existing European players' strategies to maintain market position will be critical.
Top countries in Export of Hot Rolled Stainless Steel Sheet of a Width Less Than 600 mm, Thickness More Than 4.75 mm by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 20,800,000 | 2023 | +2.14% | +4.2% | View data |
| 2 | 2 Germany | 4,767,200 | 2023 | +2.2% | +2.11% | View data |
| 3 | 3 Italy | 3,276,400 | 2023 | -1.13% | -0.14% | View data |
| 4 | 4 South Korea | 2,611,600 | 2023 | -0.74% | -0.49% | View data |
| 5 | 5 Sweden | 1,967,100 | 2023 | -4.55% | -2.82% | View data |
| 6 | 6 Denmark | 1,938,400 | 2023 | +3.76% | +15.26% | View data |
| 7 | 7 Austria | 1,874,700 | 2023 | +0.63% | -0.35% | View data |
| 8 | 8 China | 1,791,900 | 2023 | +0.74% | +4.84% | View data |
| 9 | 9 Japan | 1,427,600 | 2023 | +0.29% | +3.9% | View data |
| 10 | 10 Malaysia | 1,390,100 | 2023 | +3.75% | -0.15% | View data |
