The global export landscape for hot rolled stainless steel not in coils of a width of 600 mm or more, thickness of 3-4.75 mm has been evolving, with China leading at 28.6 million kilograms in 2023, reflecting a robust 4.14% year-on-year growth. Italy and South Africa, at 18.459 million kilograms and 14.735 million kilograms respectively, also showed positive trends. Germany faced a significant decline, with a 7.23% drop, while countries like India and Russia exhibit healthy growth at over 3% annually. The global market is thus characterized by both rising stars and struggling exporters.
Future trends to watch include the increasing influence of Asian markets in heavy industries, with Malaysia and India poised for further expansion. Sustained demand from emerging economies along with global supply chain adjustments post-pandemic could drive further fluctuations. Monitoring trade policies and environmental regulations may also influence this sector significantly.
Top countries in Export of Hot Rolled Stainless Steel Not in Coils of a Width of 600 mm or More, Thickness of 3-4.75 mm by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 28,600,000 | 2023 | +5.01% | +4.14% | View data |
| 2 | 2 Italy | 18,459,000 | 2023 | +2.16% | +2.67% | View data |
| 3 | 3 South Africa | 14,735,000 | 2023 | +2.23% | +3.28% | View data |
| 4 | 4 Belgium | 13,843,000 | 2023 | -0.49% | +0.57% | View data |
| 5 | 5 Netherlands | 9,406,300 | 2023 | +2.56% | +2.51% | View data |
| 6 | 6 Spain | 7,632,300 | 2023 | -2.4% | -0.87% | View data |
| 7 | 7 Malaysia | 6,858,700 | 2023 | +4.17% | +4.93% | View data |
| 8 | 8 Poland | 6,277,800 | 2023 | +4.15% | +5.17% | View data |
| 9 | 9 Singapore | 5,837,000 | 2023 | +2.54% | +1.23% | View data |
| 10 | 10 Sweden | 5,067,200 | 2023 | -1.68% | +0.28% | View data |