World - Forged Bars Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

World - Forged Bars Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights

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Forged Stainless Steel Bar Market

Forged stainless steel bar market: discover new data empowered by an Ai-driven market research platform. Datasets contain market size, trade, imports, production, consumption, companies, exports, and market prices. There is a breakdown by country, including EU, Latin America, China, Russia, the U.K., Africa, the U.S., and the Middle East. Market dynamics and forecast to 2030 are also provided in the dashboards.


Get FREE access to the latest REPORT on the Forged Stainless Steel Bar Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Forged Stainless Steel Bar - World's Largest Markets

RatingCountry
1India
2United States
3Germany
4Japan
5Ethiopia

In value terms, India, the United States and Germany were the countries with the highest levels of market value in 2021, together accounting for 61% of the global market.

In terms of the main consuming countries, India recorded the highest growth rate of market size, over the period under review, while forged stainless steel bar market for the other global leaders experienced a decline in the market figures.

Forged Stainless Steel Bar Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Latvia1167612846-14.9%
Singapore235521322240-2.5%
Belgium749428822812-38.7%
India2480229429959.9%
Taiwan (Chinese)319030513134-0.9%
United Kingdom651888893228-29.6%
Japan488246313488-15.5%
South Korea443843364386-0.6%
Italy4405460050467.0%
Denmark38693088512515.1%
Germany4843474354996.6%
Sweden4727458956149.0%
United States1059199688953-8.1%
Average3797365737980.0%

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($8,953 per ton), while Latvia ($846 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Denmark, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
China627957685985-2.4%
Spain34354064595531.7%
Russia39154779477510.4%
Denmark36983646457211.2%
Germany36693988449610.7%
Thailand427035513870-4.8%
South Korea3429356234971.0%
Belgium551128233334-22.2%
Taiwan (Chinese)322529903102-1.9%
Poland330626432818-7.7%
Switzerland515452092160-35.3%
Indonesia193413521649-7.7%
Japan539447701511-47.1%
Average3717360537931.0%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was China ($5,985 per ton), while Japan ($1,511 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.

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Forged Stainless Steel Bar - Top Importers

COUNTRY201920202021CAGR,
2019-2021
million USD
Germany7363826.3%
China6278706.0%
South Korea4346441.7%
Spain17213849.6%
Poland18283641.9%

In value terms, the largest forged stainless steel bar importing markets worldwide were Germany ($83M), China ($70M) and South Korea ($44M), with a combined 27% share of global imports. Spain, Poland, Russia, Thailand, Belgium, Denmark, Taiwan (Chinese), Indonesia, Switzerland and Japan lagged somewhat behind, together accounting for a further 31%.

Among the main importing countries, Belgium (+105.7% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Forged Stainless Steel Bar - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
million USD
India1601221662.1%
Germany1251351302.2%
Italy917387-2.7%
Japan5858699.4%
Sweden5752602.3%

In value terms, the largest forged stainless steel bar supplying countries worldwide were India ($167M), Germany ($130M) and Italy ($87M), together comprising 52% of global exports. Japan, Sweden, South Korea, the United States, Singapore, Taiwan (Chinese), Belgium, Denmark, the UK and Latvia lagged somewhat behind, together accounting for a further 39%.

Denmark (+168.0% per year) saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Forged Stainless Steel Bar - Market Forecast

Depressed by shrinking demand for forged stainless steel bar worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.

Forged Stainless Steel Bar - Product Coverage

  • HS 722230 - Steel, stainless; bars and rods, n.e.s. in heading no. 7222

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for forged stainless steel bar. 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 2030.

Product coverage:

  • Prodcom 24106450 - Forged bars, of stainless steel

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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Blog
Event
Which Country Imports the Most Stainless Steel in the World?
May 28, 2018
Eye 1375

Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...

Which Country Exports the Most Stainless Steel in the World?
May 28, 2018
Eye 892

Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...

India Remains the Largest Global Exporter of Stainless Steel Angles, Shapes and Sections, with $136M in 2014
Jul 27, 2015
Eye 1073

Despite a slight drop in exports, India continued its dominance in the global trade of stainless steel angles, shapes and sections. In 2014, India exported X thousand tons of stainless steel angles, shapes and sections totaling X million USD, X%

Which Country Imports the Most Iron Bars and Rods in the World?
May 28, 2018
Eye 1414

Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...

Which Country Exports the Most Iron Bars and Rods in the World?
May 28, 2018
Eye 4096

Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...

The Global Bars and Rods of Iron or Steel Trade Dominated by China, with $15,335M in 2014
Jul 23, 2015
Eye 1093

China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o

Free Data: Forged Bars Of Stainless Steel - World