In 2023, the United States emerged as the leader in the global export of cold rolled iron or non-alloy steel, with significant growth of 4.46%. Russia, Italy, and Germany also maintained strong positions, although Germany encountered a decline of 3.35% year-on-year. China and Serbia showed promising growth at 2.9% and 3.85% respectively, while Ukraine experienced a notable drop of 12.6%. Despite volatility, Malaysia's export witnessed a robust increase of 29.39%, signaling a significant shift in the region. Countries like Japan and the United Kingdom faced steep declines, with Japan plummeting by 56.05%.
Future trends to watch include potential shifts in global trade dynamics impacting exports, environmental regulations influencing production cost and strategies, and technological advancements in steel processing enhancing product quality. The impact of geopolitical activities on trade relationships will also be crucial in shaping the market landscape for this sector.
Top countries in Export of Cold Rolled Iron or Non-Alloy Steel Not in Coils, of a Width of 600 mm or More, Thickness of 1.0-3 mm and Minimum Yield Point Not Exceeding 275 Mpa by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 63,151,000 | 2023 | +4.32% | +4.46% | View data |
| 2 | 2 Russia | 57,183,000 | 2023 | +0.98% | +0.35% | View data |
| 3 | 3 Italy | 54,107,000 | 2023 | +0.071% | -0.38% | View data |
| 4 | 4 Hungary | 52,159,000 | 2023 | +3.85% | +1.31% | View data |
| 5 | 5 Germany | 48,603,000 | 2023 | -1.9% | -3.35% | View data |
| 6 | 6 China | 42,190,000 | 2023 | +2.68% | +2.9% | View data |
| 7 | 7 Serbia | 42,171,000 | 2023 | +5.07% | +3.85% | View data |
| 8 | 8 Slovakia | 33,896,000 | 2023 | -4.16% | -5.3% | View data |
| 9 | 9 Netherlands | 30,909,000 | 2023 | +2.66% | +1.68% | View data |
| 10 | 10 Austria | 26,750,000 | 2023 | +0.73% | +0.24% | View data |
