In 2023, China dominated global exports of threaded elbows, bends, and sleeves of stainless steel, accounting for over 47% of share by kilograms. The United Kingdom and Italy followed with approximately 10% each. Notable year-on-year growth was observed in Saudi Arabia and Azerbaijan, with increases over 20% and 106%, respectively. Some countries experienced declines, with Norway dropping 16% and India nearly 10%.
Looking ahead, key trends to watch include China's continued leadership and potential shifts among emerging exporters like Saudi Arabia and Azerbaijan, driven by their recent significant growth rates. Attention should also be given to fluctuations in traditional markets like the United States and Europe.
Top countries in Export of Threaded Elbows, Bends and Sleeves of Stainless Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 47.44 | 2023 | +1.35% | +0.82% | View data |
| 2 | 2 United Kingdom | 10.38 | 2023 | +2.9% | +2.84% | View data |
| 3 | 3 Italy | 10.23 | 2023 | -3.25% | -2.43% | View data |
| 4 | 4 Germany | 4.69 | 2023 | +2.12% | +2.03% | View data |
| 5 | 5 United States | 4.66 | 2023 | -7.21% | -7.22% | View data |
| 6 | 6 Netherlands | 3.34 | 2023 | +5.49% | +0.74% | View data |
| 7 | 7 Poland | 2.67 | 2023 | +4.26% | +3.94% | View data |
| 8 | 8 Spain | 2.19 | 2023 | +3.36% | +7.42% | View data |
| 9 | 9 South Korea | 1.9 | 2023 | -0.41% | +2.69% | View data |
| 10 | 10 Latvia | 1.7 | 2023 | +6.34% | +2.31% | View data |
