Which Country Exports the Most Steel, Alloy, Hot-Rolled Bars and Rods in the World?

In 2016, the global steel, alloy, hot-rolled bars and rods exports amounted to X tonnes, going down by -X% against the previous year figure. Overall, steel, alloy, hot-rolled bars and rods exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2008, when exports increased by X% from the previous year level. Over the period under review, global steel, alloy, hot-rolled bars and rods exports attained its maximum volume of X tonnes in 2015, falling back in the following year.

In value terms, steel, alloy, hot-rolled bars and rods exports stood at $X in 2016. In general, steel, alloy, hot-rolled bars and rods exports continue to indicate a remarkable growth. Over the period under review, global steel, alloy, hot-rolled bars and rods exports reached its maximum level of $X in 2014; however, from 2015 to 2016, it failed to regain its strength.

Top Steel, Alloy, Hot-Rolled Bars and Rods Exporting Countries in the World

X. China (X billion USD)

X. Japan (X billion USD)

X. Germany (X billion USD)

X. Austria (X billion USD)

Steel, Alloy, Hot-Rolled Bars and Rods Exports By Country

China (X tonnes) dominates in steel, alloy, hot-rolled bars and rods exports structure, finishing at X tonnes, which was near X% of total exports in 2016. It was distantly followed by Japan (X tonnes), constituting X% share of total steel, alloy, hot-rolled bars and rods exports. The following exporters - Germany (X tonnes), and Austria (X tonnes) together made up X% of total exports.

China was also the fastest growing in terms of the steel, alloy, hot-rolled bars and rods exports, with a CAGR of +X% from 2007 to 2016. At the same time, Japan (+X%), and Germany (+X%) displayed positive paces of growth. Austria experienced a relatively flat trend pattern. While the share of Germany (-X%), Japan (-X%), and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest steel, alloy, hot-rolled bars and rods supplier in the world, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with the share of X% of global exports. It was followed by Germany, with the share of X%.

From 2007 to 2016, the average annual rate of growth in terms of value of steel, alloy, hot-rolled bars and rods exports in China expanded at +X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Germany (+X% per year).

Steel, Alloy, Hot-Rolled Bars and Rods Export Prices By Country

The average steel, alloy, hot-rolled bars and rods export price stood at $X per tonne in 2016, reducing by -X% against the previous year. In general, steel, alloy, hot-rolled bars and rods export price continues to indicate a deep drop. The growth pace was the most rapid in 2010, when export price increased by X% against the previous year level. Global steel, alloy, hot-rolled bars and rods export peaked of $X per tonne in 2008; however, from 2009 to 2016, it failed to regain its strength.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Austria ($X per tonne), while China ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of steel, alloy, hot-rolled bars and rods export prices was attained by Austria (+X% per year), while the other global leaders experienced mixed trends in the export price figures.

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This article was written on the product's HS-code: X.

Source: IndexBox AI Platform