In 2023, Austria led the export of high-speed steel bars and rods not in coils, followed by France and China. Year-on-year, Czech Republic and Philippines saw significant growth at 7.22% and 7.86%, respectively, while Ukraine and Russia experienced declines of -2.48% and -15.96%. Denmark and Botswana had notable boosts of 68.17% and 40.17% in their exports. However, Thailand, Slovenia, and Russia faced marked decreases. Lithuania and Latvia reported strong expansions, each exceeding 28%.
For future trends, expect continued growth from emerging markets such as the Philippines and the Czech Republic, while traditional exporters like France and Japan may stabilise or decrease due to evolving competitive dynamics and technological shifts in production processes.
Top countries in Export of Bar and Rod of High Speed Steel Not in Coils by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 154,950,000 | 2023 | +1.93% | +0.63% | View data |
| 2 | 2 France | 133,340,000 | 2023 | +0.97% | -0.26% | View data |
| 3 | 3 China | 108,650,000 | 2023 | +2.39% | +2.25% | View data |
| 4 | 4 Sweden | 74,659,000 | 2023 | +1.62% | -0.061% | View data |
| 5 | 5 Germany | 49,912,000 | 2023 | +1.62% | +0.98% | View data |
| 6 | 6 Japan | 44,641,000 | 2023 | +0.95% | -0.73% | View data |
| 7 | 7 Czech Republic | 27,994,000 | 2023 | +6.17% | +7.22% | View data |
| 8 | 8 United States | 22,343,000 | 2023 | +0.68% | -0.12% | View data |
| 9 | 9 Brazil | 10,496,000 | 2023 | +3.77% | +1.11% | View data |
| 10 | 10 Ukraine | 8,172,200 | 2023 | -4.36% | -2.48% | View data |