Silicon-electrical Steel Flat-rolled Product Market

Silicon-electrical steel flat-rolled product market: enjoy newly released data empowered by an Ai-driven market research platform. Datasets cover trade, consumption, market size, market prices, exports, imports, production, and companies. Here is a split by region, including Russia, the Middle East, Latin America, EU, China, the U.S., Africa, and the U.K. Market trends and outlook to 2030 are also featured in the dashboards.


Get FREE access to the latest data and statistics on the Silicon-electrical Steel Flat-rolled Product Market.

Silicon-electrical Steel Flat-rolled Product - World's Largest Markets

RatingCountry
1China
2Kazakhstan
3India
4Japan
5Germany

In value terms, China led the market, alone. The second position in the ranking was occupied by Kazakhstan. It was followed by India.

From 2019 to 2021, the average annual rate of growth in terms of value in China totaled +13.3%. In the other countries, the average annual rates were as follows: Kazakhstan (+16.0% per year) and India (+4.4% per year).

Silicon-Electrical Steel Flat-Rolled Product Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Turkey731633718-0.9%
Taiwan (Chinese)787731758-1.9%
South Korea971929951-1.0%
Slovenia797746103714.1%
Slovakia92286710868.5%
China1087110811633.4%
Austria99994411808.7%
Romania917889123616.1%
Russia1003872127512.7%
Germany10341009129211.8%
Poland1489134016394.9%
France13461270164110.4%
Japan1467144616656.5%
Average1110104612184.8%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($1,665 per ton), while Turkey ($718 per ton) was amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Canada1809161519493.8%
Germany1256128013965.4%
Italy989916126112.9%
Mexico150510931256-8.6%
Thailand970994119110.8%
Turkey137511441156-8.3%
Czech Republic927881113910.8%
Poland11728571133-1.7%
Vietnam109610711084-0.5%
India107492410800.3%
France8588409706.3%
China896818857-2.2%
Romania6135777238.6%
Average1145106312183.2%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Canada ($1,949 per ton), while Romania ($723 per ton) was amongst the lowest.

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

Silicon-Electrical Steel Flat-Rolled Product - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
India0.70.40.84.6%
Italy0.50.40.722.0%
Mexico0.30.40.645.5%
China0.30.30.3-2.1%
Thailand0.10.20.226.4%

In value terms, the largest silicon-electrical steel flat-rolled product importing markets worldwide were India ($799M), Italy ($684M) and Mexico ($624M), with a combined 38% share of global imports.

Mexico recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Silicon-Electrical Steel Flat-Rolled Product - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Japan0.80.7111.5%
China0.50.50.824.2%
South Korea0.60.50.6-4.0%
Germany0.50.40.68.6%
Russia0.40.30.58.0%

In value terms, Japan ($984M), China ($779M) and South Korea ($561M) constituted the countries with the highest levels of exports in 2021, with a combined 42% share of global exports. Germany, Russia, Taiwan (Chinese), France, Austria, Poland, Romania, Slovakia, Turkey and Slovenia lagged somewhat behind, together comprising a further 45%.

In terms of the main exporting countries, Slovenia saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Silicon-Electrical Steel Flat-Rolled Product - Market Forecast

Driven by increasing demand for silicon-electrical steel flat-rolled product worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Silicon-Electrical Steel Flat-Rolled Product - Top Companies

Dongguan Dazhou Iron & Steel Co., Ltd., NIPPON STEEL & SUMITOMO METAL CORPORATION, Baoshan Iron & Steel Co., Ltd., Shougang Group Corporation, JFE STEEL CORPORATION, TATA STEEL LIMITED, Nucor Corporation, Hyundai Steel Company, KOBE STEEL, LTD., Hesteel Company Limited, Jiangsu Shagang Group Co., Ltd., Wugang Group Co., Ltd., Shandong Iron & Steel Group Co., Ltd., Jiuquan Iron And Steel (Group) Co., Ltd., Angang Steel Company Limited, United States Steel Corp, CHINA STEEL CORPORATION, Hunan Valin Iron & Steel Group Co., Ltd., Maanshan Iron & Steel Company Limited, Anshan Iron and Steel Group Co., Ltd.

Silicon-electrical Steel Flat-rolled Product - Product Coverage

  • HS 722511 - Steel, alloy; flat-rolled, width 600mm or more, of silicon-electrical steel, grain-oriented
  • HS 722519 - Steel, alloy; flat-rolled, width 600mm or more, of silicon-electrical steel, (other than grain-oriented)
  • HS 722611 - Steel, alloy; flat-rolled, width less than 600mm, of silicon-electrical steel, grain-oriented
  • HS 722619 - Steel, alloy; flat-rolled, width less than 600mm, of silicon-electrical steel, other than grain-oriented

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Port Authority of New York and New Jersey
Buro Happold
IndexBox Inc.
EIT InnoEnergy
Ambient Energy, A Mead & Hunt Company
Weitzman School Of Design, University of Pennsylvania
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Westbrook Stevens, LLC
Radicle
IndexBox Inc.
NCX
Mpowa
Digital20
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Hyphen Global AG
JRP
IndexBox Inc.
SDXspace
JLL
Lynx Global Intelligence
Biogas Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global biogas market.

Centrica Energy Trading
Agromin
AFS Energy
IndexBox Inc.
Ecogen Brasil
Thyson Technology Ltd
Wind Energy Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global wind energy market.

IndexBox Inc.
MULTIPLIANCE
Grupo MAE Energías Renovables
Albanian Renewable Energy Association - AREA
CMS Cameron McKenna Nabarro
Solar Energy Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global solar energy market.

DLA Piper
IndexBox Inc.
MULTIPLIANCE
Suntuity
Grupo MAE Energías Renovables
Ørsted
Pfister Energy
Webinar: Global Biomass Market - Statistics, Regulation, and Outlook

Join our live webinar to get insights into the global biomass market.

UNDP
IndexBox Inc.
Instituto Mexicano del Petróleo
Center for Sustainable Future Technologies
Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global recovered paper market.

Recovered Paper Consulting, LLC
IndexBox Inc.
Mid America Paper Recycling
Group EcoBox OU
Webinar: Global Solid Biofuels Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global solid biofuels market.

Pond & Company
World Bioenergy Association
IndexBox Inc.
Energy Markets Global
Webinar: Global Lithium Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global lithium carbonate market.

Wood
EVShare
IndexBox Inc.
SPM