Stainless Steel Angle Market

Stainless steel angle market: discover the most recent facts and figures empowered by an Ai-driven business intelligence tool. Datasets include market prices, trade, market size, companies, production, imports, consumption, and exports. There is a breakdown by country, including the U.K., Russia, the U.S., China, Latin America, Africa, EU, and the Middle East. Market trends and outlook to 2030 are also featured in the dashboards.

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Stainless Steel Angle - World's Largest Markets

Rating	Country
1	United States
2	China
3	Finland
4	India
5	Japan

In value terms, the largest stainless steel angle markets worldwide were the United States, China and Finland, together comprising 34% of the global market.

Among the main consuming countries, Finland (+352.4% per year) saw the highest growth rate of market size, over the period under review, while stainless steel angle market for the other global leaders experienced more modest paces of growth.

Stainless Steel Angle Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
South Korea	709	635	531	-13.5%
China	662	615	838	12.5%
Russia	913	954	946	1.8%
Turkey	1006	955	961	-2.3%
United Kingdom	1108	1159	1399	12.4%
Sweden	1539	1555	1683	4.6%
Poland	1406	2611	1793	12.9%
Japan	2286	2004	1902	-8.8%
India	2794	2593	2271	-9.8%
United States	1881	2305	2368	12.2%
Italy	4822	4161	3502	-14.8%
Germany	4179	4535	5093	10.4%
Average	970	933	1549	26.4%

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($5,093 per ton), while South Korea ($531 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
United States	1871	1590	2001	3.4%
Poland	2730	2733	1680	-21.6%
Vietnam	921	760	1508	28.0%
South Korea	1674	1664	1429	-7.6%
Mexico	1280	1178	1142	-5.5%
Canada	1120	1056	939	-8.4%
United Arab Emirates	961	789	824	-7.4%
Japan	747	715	688	-4.0%
Philippines	629	594	601	-2.3%
Malaysia	690	657	594	-7.2%
Bangladesh	650	639	583	-5.3%
Singapore	966	868	568	-23.3%
Lebanon	597	494	491	-9.3%
Average	1229	1234	1250	0.9%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($2,001 per ton), while Lebanon ($491 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the other global leaders experienced mixed trends in the import price figures.

Stainless Steel Angle - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Vietnam	0.1	0.1	0.09	-13.6%
United States	0.1	0.1	0.07	-20.7%
Singapore	0.01	0.02	0.06	99.0%
Malaysia	0.08	0.08	0.05	-25.5%
South Korea	0.05	0.05	0.05	-4.5%

In value terms, Vietnam ($90M), the United States ($75M) and Singapore ($57M) constituted the countries with the highest levels of imports in 2020, with a combined 17% share of global imports.

Singapore (+99.0% per year) saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Stainless Steel Angle - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	1.1	1	0.3	-48.8%
Germany	0.2	0.2	0.2	-6.2%
India	0.2	0.2	0.1	-9.4%
Italy	0.07	0.07	0.09	11.2%
South Korea	0.04	0.04	0.05	3.4%

In value terms, the largest stainless steel angle supplying countries worldwide were China ($287M), Germany ($157M) and India ($127M), with a combined 46% share of global exports. These countries were followed by Italy, South Korea, the UK, Poland, Sweden, Japan, the United States, Russia and Turkey, which together accounted for a further 30%.

Among the main exporting countries, Russia (+139.1% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Stainless Steel Angle - Market Forecast

Driven by increasing demand for stainless steel angle 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 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Stainless Steel Angle - 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.