World - Crude Steel And Steel Semi-Finished Products - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Which Country Imports the Most Crude Steel and Steel Semi-Finished Products in the World?
IndexBox has just published a new report "World: Crude Steel And Steel Semi-Finished Products - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.
In 2016, approx. X tonnes of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when import increased by X% year-to-year. Over the period under review, global steel imports attained its maximum volume of X tonnes in 2008- however, from 2009 to 2016, it stood at a somewhat lower level.
In value terms, steel imports amounted to $X in 2016. Overall, steel imports continue to indicate a deep curtailment. In that year, global steel imports reached its maximum level of $X. From 2009 to 2016, growth of global steel imports stood at a somewhat lower level.
Top Steel Importing Countries in the World
X. Jordan (X million USD)
X. United Arab Emirates (X million USD)
X. Saudi Arabia (X million USD)
X. Guatemala (X million USD)
X. Denmark (X million USD)
X. Sweden (X million USD)
X. Greece (X million USD)
X. Bahrain (X million USD)
X. Qatar (X million USD)
X. Iran (X million USD)
X. Kuwait (X million USD)
X. Russia (X million USD)
Steel Imports By Country
In 2016, Bahrain (X tonnes), Jordan (X tonnes), Russia (X tonnes), and Iran (X tonnes) represented the major importers of steel in the world, constituting X% of total import. The following importers - United Arab Emirates (X tonnes), Sweden (X tonnes), Kuwait (X tonnes), Saudi Arabia (X tonnes), Guatemala (X tonnes), Qatar (X tonnes), Greece (X tonnes), and Denmark (X tonnes) together made up X% of total imports.
From 2007 to 2016, the most notable growth rate of steel imports, among the main importing countries, was attained by United Arab Emirates (+X% per year), while the other global leaders experienced more modest paces of growth.
In value terms, Jordan ($X) constitutes the largest market for imported steel worldwide, making up X% of global imports. The second position in the ranking was occupied by United Arab Emirates ($X), with the share of X% of global imports. It was followed by Saudi Arabia, with the share of X%.
In Jordan, steel imports decreased by an average annual rate of -X% over the period from 2007-2016. In the other countries, the average annual rates were as follows: United Arab Emirates (+X% per year) and Saudi Arabia (-X% per year).
Steel Import Prices By Country
The average steel import price stood at $X per tonne in 2016, coming down by -X% against the previous year. Overall, steel import price continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. In that year, average steel import price reached its maximum level of $X per tonne. From 2009 to 2016, growth of average steel import price failed to regain its strength.
There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was United Arab Emirates ($X per tonne), while Russia ($X per kg) was among the lowest.
From 2007 to 2016, the most notable growth rate of steel import prices was attained by Qatar (+X% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global steel market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- steel market share
- steel prices
- steel industry
- steel sales
- steel import
- steel export
- steel market forecast
- steel price forecast
- key steel producers
All data provided in this article covers the following product: HS Code X - Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading no. X).
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global market for crude steel and steel semi-finished products. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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