The global export of iron or non-alloy steel bar and rod of free cutting steel in 2023 displayed trends of both growth and decline across various countries. Germany, Switzerland, and France showed positive growth, while Canada and Spain experienced declines. Notably, Malaysia had a significant upward trend with a 55.85% increase, whereas the United Kingdom and the United States faced substantial drops. Emerging exporters like Lebanon and Slovenia showed promising trends with considerable growth. Over the past five years, the compounded average growth rate indicates both opportunities and market challenges in different regions.
Future trends to watch include:
- Potential continued expansion in countries showing recent growth, such as Lebanon and Slovenia.
- Monitoring recovery efforts in countries that have faced declines like the United Kingdom and United States.
- Assess the impact of global trade policies and economic conditions on the steel export markets.
- Increasing demand from developing markets which could drive shifts in trade dynamics.
Top countries in Export of Iron or Non-Alloy Steel Bar and Rod of Free Cutting Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 89,787,000 | 2023 | +2.71% | +2.7% | View data |
| 2 | 2 Switzerland | 55,321,000 | 2023 | +1.96% | +0.6% | View data |
| 3 | 3 France | 52,439,000 | 2023 | +1.2% | +2.14% | View data |
| 4 | 4 Canada | 26,570,000 | 2023 | +0.4% | -4.29% | View data |
| 5 | 5 Spain | 12,281,000 | 2023 | -5.37% | -4.5% | View data |
| 6 | 6 Czech Republic | 12,161,000 | 2023 | +3.69% | +7.36% | View data |
| 7 | 7 Uganda | 6,130,900 | 2023 | +6.18% | +2.44% | View data |
| 8 | 8 Singapore | 5,047,000 | 2023 | -11.24% | -5.66% | View data |
| 9 | 9 Ireland | 4,523,900 | 2023 | +0.39% | +7.7% | View data |
| 10 | 10 Thailand | 3,789,800 | 2023 | -47.74% | -23.42% | View data |
