The 2023 data on global exports of iron or non-alloy steel bars and rods of free-cutting steel reveals Germany leading with a significant share, followed by Switzerland and France. Positive growth was noted in Germany, Switzerland, France, the Czech Republic, and Ireland, whereas major declines occurred in Thailand, United Kingdom, United States, and Romania. Notable growth was seen in emerging markets like Malaysia and Lebanon. The CAGR over five years suggests relatively stable performance with occasional high growth rates in specific countries.
Future trends to watch include increased exports from countries with recent growth, such as Malaysia and Lebanon, potentially due to industrial expansion or trade agreements. Meanwhile, traditional exporters like Germany and France may maintain leadership unless influenced by significant economic changes or policies.
Top countries in Export of Iron or Non-Alloy Steel Bar and Rod of Free Cutting Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.52 | 2023 | +2.71% | +2.7% | View data |
| 2 | 2 Switzerland | 19.42 | 2023 | +1.96% | +0.6% | View data |
| 3 | 3 France | 18.41 | 2023 | +1.2% | +2.14% | View data |
| 4 | 4 Canada | 9.33 | 2023 | +0.4% | -4.29% | View data |
| 5 | 5 Spain | 4.31 | 2023 | -5.37% | -4.5% | View data |
| 6 | 6 Czech Republic | 4.27 | 2023 | +3.69% | +7.36% | View data |
| 7 | 7 Uganda | 2.15 | 2023 | +6.18% | +2.44% | View data |
| 8 | 8 Singapore | 1.77 | 2023 | -11.24% | -5.66% | View data |
| 9 | 9 Ireland | 1.59 | 2023 | +0.39% | +7.7% | View data |
| 10 | 10 Thailand | 1.33 | 2023 | -47.74% | -23.42% | View data |