Which Country Imports the Most Flat-Rolled Products of Iron and Non-Alloy Steel in the World?

In 2016, the amount of flat-rolled products of iron and non-alloy steel imported worldwide amounted to X tonnes, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2010, when import increased by X% y-o-y. Global flat-rolled products of iron and non-alloy steel import peaked in 2016, and are expected to retain its growth in the immediate term.

In value terms, flat-rolled products of iron and non-alloy steel imports totaled $X in 2016. In general, flat-rolled products of iron and non-alloy steel imports continue to indicate a mild setback. Global flat-rolled products of iron and non-alloy steel import peaked of $X in 2011; however, from 2012 to 2016, it failed to regain its strength.

Top Flat-Rolled Products Of Iron And Non-Alloy Steel Importing Countries in the World

X. USA (X billion USD)

X. Germany (X billion USD)

X. China (X billion USD)

X. Poland (X billion USD)

X. Thailand (X billion USD)

X. Belgium (X billion USD)

X. Italy (X billion USD)

X. South Korea (X billion USD)

X. France (X billion USD)

X. India (X billion USD)

X. Netherlands (X billion USD)

X. Japan (X billion USD)

Flat-Rolled Products Of Iron And Non-Alloy Steel Imports By Country

In 2016, China (X tonnes), distantly followed by South Korea (X tonnes), Japan (X tonnes), Belgium (X tonnes), and the U.S. (X tonnes) were the major importers of flat-rolled products of iron and non-alloy steel, together making up X% of total imports. Germany (X tonnes), Italy (X tonnes), the Netherlands (X tonnes), India (X tonnes), France (X tonnes), Thailand (X tonnes), and Poland (X tonnes) took the slight share of total imports.

China was also the fastest growing in terms of the flat-rolled products of iron and non-alloy steel imports, with a CAGR of +X% from 2007 to 2016. At the same time, the U.S. (+X%), South Korea (+X%), India (+X%), Italy (+X%), Poland (+X%), and Thailand (+X%) displayed positive paces of growth. Japan, the Netherlands, Germany, Belgium, and France experienced a relatively flat trend pattern. While the share of the U.S. (-X%), South Korea (-X%), and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and China ($X) constituted the countries with the highest levels of imports in 2016, together comprising X% of global imports.Poland, Thailand, Belgium, Italy, South Korea, France, India, the Netherlands and Japan lagged somewhat behind, together comprising a further X%.

South Korea (+X% per year) experienced the highest growth rate of flat-rolled products of iron and non-alloy steel imports, in terms of the main importing countries, over the last X years, while the other global leaders experienced more modest paces of growth.

Flat-Rolled Products Of Iron And Non-Alloy Steel Import Prices By Country

In 2016, the average import price for flat-rolled products of iron and non-alloy steel amounted to $X per tonne, reducing by -X% against the previous year. Overall, flat-rolled products of iron and non-alloy steel import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. In that year, average flat-rolled products of iron and non-alloy steel import price reached its maximum level of $X per tonne. From 2009 to 2016, growth of average flat-rolled products of iron and non-alloy steel import price stood at a somewhat lower level.

Import prices varied noticeably by country of destination. the country with the highest import prices was the U.S. ($X per tonne), while Japan ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of flat-rolled products of iron and non-alloy steel import prices was attained by South Korea (+X% per year), while the other global leaders experienced more modest paces of growth.

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

Source: IndexBox Platform