Which Country Exports the Most Stainless Steel in the World?

Basic Iron And Steel May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Global stainless steel angle exports amounted to 1.4M tonnes in 2016, standing approx. at the previous year level. In general, stainless steel angle exports continue to indicate a measured deduction. The most prominent rate of growth was recorded in 2011, when exports increased by 27% from the previous year level. Over the period under review, global stainless steel angle exports attained its maximum volume of 1.8M tonnes in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.

In value terms, stainless steel angle exports amounted to $4.4B in 2016. Overall, stainless steel angle exports continue to indicate a abrupt decrease. Global stainless steel angle export peaked of $8.2B in 2007; however, from 2008 to 2016, it failed to regain its strength.

Top Stainless Steel Angle Exporting Countries in the World

1. Italy (776.9 million USD)

2. Germany (601.2 million USD)

3. India (493.1 million USD)

4. USA (302.2 million USD)

5. France (293.5 million USD)

6. Spain (290.9 million USD)

7. Japan (229.5 million USD)

8. China (220.7 million USD)

9. Austria (181.3 million USD)

10. Sweden (124.2 million USD)

11. Belgium (88.3 million USD)

12. Ukraine (69.7 million USD)

Stainless Steel Angle Exports By Country

Italy (256K tonnes), and India (252K tonnes) represented the largest exporters of stainless steel angle in 2016, resulting at approx. 18%, and 18% of total exports, respectively. Germany (158K tonnes) occupied the second position in the ranking, followed by Spain (121K tonnes), France (95K tonnes), and China (64K tonnes). All these countries together took approx. 31% share of total exports. Japan (51K tonnes), the U.S. (42K tonnes), Ukraine (32K tonnes), Sweden (31K tonnes), Austria (30K tonnes), and Belgium (26K tonnes) occupied the weak share of total exports.

From 2007 to 2016, the most notable growth rate of stainless steel angle exports, among the main exporting countries, was attained by Belgium (+6.1% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Italy ($777M), Germany ($601M) and India ($493M) were the countries with the highest levels of exports in 2016, with a combined 42% share of global exports.The U.S., France, Spain, Japan, China, Austria, Sweden, Belgium and Ukraine lagged somewhat behind, together comprising a further 41%.

Belgium (+1.3% per year) had the highest growth rate of stainless steel angle exports, in terms of the main exporting countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Stainless Steel Angle Export Prices By Country

In 2016, the average export price for stainless steel angle amounted to $3,161 per tonne, going down by -11.2% against the previous year. In general, stainless steel angle export price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2010, an increase of 37% from the previous year level. Over the period under review, average stainless steel angle export price attained its maximum level of $4,548 per tonne in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was the U.S. ($7,256 per tonne), while India ($1,958 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of stainless steel angle export prices was attained by the U.S. (+0.0% per year), while the other global leaders experienced a decline in the export price figures.

Do you want to know more about global stainless steel angle market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • stainless steel angle market share
  • stainless steel angle prices
  • stainless steel angle industry
  • stainless steel angle sales
  • stainless steel angle import
  • stainless steel angle export
  • stainless steel angle market forecast
  • stainless steel angle price forecast
  • key stainless steel angle producers

All data provided in this article covers the following product: HS Code 7222 - Stainless steel bars and rods, angles, shapes and sections.

Source: World: Angles, Shapes And Sections Of Stainless Steel Or Other Alloy Steel - Market Report. Analysis and Forecast to 2025