Spain leads in global exports of iron or non-alloy steel sections, followed by Italy and France. Spain experienced a slight increase in exports in 2023, while Italy and Germany saw declines. The Philippines showed notable growth, highlighting its emerging potential. China, despite low export values, saw significant growth, indicating a rising role. Canada experienced a steep decline, suggesting challenges. Costa Rica's exceptional growth, albeit from a low base, is noteworthy. Overall, Europe dominates, but emerging markets like the Philippines, China, and Costa Rica show growth potential.
Future trends to watch include the impact of geopolitical shifts and trade policies on steel exports. Technological advancements in steel production and an increased focus on sustainable production methods may influence future dynamics. Markets in Asia, particularly China, could further disrupt the status quo with their rapid growth.
Top countries in Export of Sections T of Iron or Non-Alloy Steel Not Further Worked Than Hot-Rolled, Hot-Drawn or Extruded, of a Height of Less Than 80 mm by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 149,490,000 | 2023 | +3.86% | +2.52% | View data |
| 2 | 2 Italy | 13,869,000 | 2023 | -3.3% | -3.79% | View data |
| 3 | 3 France | 10,257,000 | 2023 | +2.7% | +1.98% | View data |
| 4 | 4 Philippines | 2,409,000 | 2023 | +4.51% | +5.57% | View data |
| 5 | 5 Peru | 2,073,700 | 2023 | +1.66% | +4.09% | View data |
| 6 | 6 Brazil | 2,064,900 | 2023 | +0.67% | +0.29% | View data |
| 7 | 7 Poland | 1,444,400 | 2023 | +1.84% | +1.93% | View data |
| 8 | 8 Germany | 1,048,400 | 2023 | -4.03% | -3.75% | View data |
| 9 | 9 China | 521,930 | 2023 | -6.42% | +12.42% | View data |
| 10 | 10 Ireland | 328,200 | 2023 | -1.9% | -3% | View data |
