In 2023, Germany led global exports of stainless steel flat-rolled products (width <600 mm), capturing 15.3% of the market. South Korea and Italy followed, claiming 10.37% and 9.28% respectively. The United States, China, and Japan held similar shares. Notable growth was observed in Croatia and Kazakhstan, with significant year-on-year increases, whereas traditional exporters like the United Kingdom and Switzerland experienced declines. India's positive trend is noteworthy, as is Ireland’s remarkable growth.
Looking forward, the demand in emerging markets and advancements in production technology may drive future growth, potentially reshaping the competitive landscape. Monitoring geopolitical influences and sustainability initiatives will also be essential.
Top countries in Export of Stainless Steel Flat-Rolled Products of Width Less Than 600 mm Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15.3 | 2023 | +1.48% | +0.93% | View data |
| 2 | 2 South Korea | 10.37 | 2023 | +4.15% | +4.4% | View data |
| 3 | 3 Italy | 9.28 | 2023 | +2.64% | +1.97% | View data |
| 4 | 4 China | 8.52 | 2023 | +3.29% | +3.08% | View data |
| 5 | 5 United States | 8.2 | 2023 | +1.34% | +1.7% | View data |
| 6 | 6 Japan | 8.07 | 2023 | -0.3% | -1.11% | View data |
| 7 | 7 France | 5.81 | 2023 | -0.73% | -1.15% | View data |
| 8 | 8 Romania | 5.6 | 2023 | +3.26% | +2.94% | View data |
| 9 | 9 Sweden | 5.08 | 2023 | -0.93% | -1.74% | View data |
| 10 | 10 Belgium | 4.91 | 2023 | +2.53% | +1.51% | View data |
