Which Country Imports the Most Iron and Steel Articles in the World?

In 2016, the amount of iron and steel articles imported worldwide stood at X tonnes, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2010, when import increased by X% year-to-year. Over the period under review, global iron and steel articles imports reached its maximum volume of X tonnes in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

In value terms, iron and steel articles imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Global iron and steel articles import peaked of $X in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Top Iron And Steel Articles Importing Countries in the World

X. USA (X billion USD)

X. Germany (X billion USD)

X. Thailand (X billion USD)

X. Mexico (X billion USD)

X. China (X billion USD)

X. France (X billion USD)

X. South Korea (X billion USD)

X. Japan (X billion USD)

X. Poland (X billion USD)

X. Italy (X billion USD)

X. Czech Republic (X billion USD)

X. Egypt (X billion USD)

Iron And Steel Articles Imports By Country

In 2016, China (X tonnes), distantly followed by Mexico (X tonnes), the U.S. (X tonnes), and Germany (X tonnes) represented the key importers of iron and steel articles, together creating X% of total imports. The following importers - Italy (X tonnes), Czech Republic (X tonnes), France (X tonnes), Poland (X tonnes), South Korea (X tonnes), Japan (X tonnes), Thailand (X tonnes), and Egypt (X tonnes) together made up X% of total imports.

China experienced a relatively flat trend pattern. At the same time, Egypt (+X%), Thailand (+X%), South Korea (+X%), Mexico (+X%), and Germany (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. Czech Republic experienced a relatively flat trend pattern. By contrast, Japan (-X%), Poland (-X%), France (-X%), the U.S. (-X%), and Italy (-X%) illustrated a downward trend over the same period. While the share of Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest iron and steel articles markets worldwide were the U.S. ($X), Germany ($X) and Thailand ($X), together accounting for X% of global imports.

Thailand (+X% per year) experienced the highest rates of growth with regard to the iron and steel articles imports, among the main importing countries, over the last X years, while the other global leaders experienced more modest paces of growth.

Iron And Steel Articles Import Prices By Country

The average iron and steel articles import price stood at $X per tonne in 2016, dropping by -X% against the previous year. Over the last nine years it increased at an average annual rate of +X growth pace was the most rapid in 2008, when it surged by X% year-to-year. Over the period under review, average iron and steel articles import price reached its maximum level of $X per tonne in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

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

From 2007 to 2016, the most notable growth rate of iron and steel articles import prices was attained by China (+X% per year), while the other global leaders experienced more modest paces of growth.

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• iron and steel articles market share
• iron and steel articles prices
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• iron and steel articles sales
• iron and steel articles import
• iron and steel articles export
• iron and steel articles market forecast
• iron and steel articles price forecast
• key iron and steel articles producers

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

Source: IndexBox Platform