In 2023, China dominated the global export market for sheet piling, welded angles, and sections of iron or steel with a significant share of 27.99% in US dollars, marking a modest annual growth of 3.04%. Luxembourg followed with a 19.7% share despite a slight decline of 1.45%. Noteworthy growth was observed in Bahrain (17.48%), Portugal (8.68%), and Lithuania (8.1%). Meanwhile, major exporters like the USA, Germany, and Japan faced declines of 8.57%, 11.18%, and 7.57%, respectively. Southeast Asian countries, particularly the Philippines, showed robust growth, marking an annual increase of 9.3%.
Future trends to watch involve the potential for China's continued dominance in exports, albeit with a possible shift towards more eco-friendly production. Emerging players like Brunei and El Salvador, growing at substantial rates, could capture more market share. Furthermore, increased industrial demand in Asia and the Middle East may boost exports from these regions.
Top countries in Export of Sheet Piling, Welded Angles, Sections of Iron or Steel Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 27.99 | 2023 | +4.88% | +3.04% | View data |
| 2 | 2 Luxembourg | 19.7 | 2023 | -0.95% | -1.45% | View data |
| 3 | 3 South Korea | 6.57 | 2023 | +2.68% | +1.68% | View data |
| 4 | 4 Poland | 5.97 | 2023 | +2.79% | +3.26% | View data |
| 5 | 5 Czech Republic | 5.76 | 2023 | +2% | +2.7% | View data |
| 6 | 6 Japan | 4.67 | 2023 | -1.07% | -7.57% | View data |
| 7 | 7 United Arab Emirates | 3.58 | 2023 | +5.59% | +4.32% | View data |
| 8 | 8 South Africa | 2.74 | 2023 | +5.36% | +4.12% | View data |
| 9 | 9 Thailand | 2.73 | 2023 | +4.45% | +3.81% | View data |
| 10 | 10 Netherlands | 2.68 | 2023 | +0.66% | +4.08% | View data |
