The global export market for stainless steel not further worked than cold formed, cold finished saw Italy leading, capturing 23.93% of the market in 2023. India and Germany followed with 15.11% and 11.74% respectively. Notably, the United States, Japan, and Austria showed moderate market shares as well. Countries like Ukraine, France, and Spain experienced declines, while Portugal, Romania, New Zealand, Morocco, and Kuwait displayed significant growth. Watch for the increasing exports from countries with high growth rates, such as Romania and Kuwait, as they might reshape the market dynamics.
Future trends to watch involve potential shifts towards countries currently experiencing high growth percentages, like Bosnia and Herzegovina and Macedonia. The impacts of technological advances in manufacturing processes and global economic conditions could play a significant role in altering trade balances. Countries that can leverage these developments may see increased participation in the global market.
Top countries in Export of Stainless Steel Not Further Worked Than Cold Formed, Cold Finished Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 23.93 | 2023 | +1.13% | +0.22% | View data |
| 2 | 2 India | 15.11 | 2023 | +2.36% | +1.61% | View data |
| 3 | 3 Germany | 11.74 | 2023 | +1.81% | +0.94% | View data |
| 4 | 4 Spain | 7.39 | 2023 | +0.68% | -1.17% | View data |
| 5 | 5 France | 7.17 | 2023 | +1.87% | +1.27% | View data |
| 6 | 6 United States | 6.65 | 2023 | +2.75% | +2.62% | View data |
| 7 | 7 Japan | 4.82 | 2023 | +0.28% | -0.24% | View data |
| 8 | 8 Austria | 4.61 | 2023 | +1.55% | +1.44% | View data |
| 9 | 9 Switzerland | 2.76 | 2023 | +1.72% | -0.16% | View data |
| 10 | 10 Ukraine | 2.6 | 2023 | -0.51% | -1.99% | View data |
