We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Apr 25, 2024

World's Best Import Markets for Flat Cold-Rolled Steel Coils

Flat cold-rolled steel coils are an essential material in various industries around the world. They are widely used in construction, automotive, appliance manufacturing, and other sectors. As a result, the import market for flat cold-rolled steel coils is significant, with several countries emerging as key players in this industry.

Top Import Markets for Flat Cold-Rolled Steel Coils

According to data from the IndexBox market intelligence platform, the top-10 countries by import value of flat cold-rolled steel coils in 2023 are as follows:

  1. Mexico - $1.1 billion USD
  2. United States - $997.3 million USD
  3. Belgium - $940.7 million USD
  4. Germany - $840.5 million USD
  5. Poland - $738.6 million USD
  6. Turkey - $715.9 million USD
  7. Japan - $698.7 million USD
  8. Italy - $645.8 million USD
  9. Thailand - $633.6 million USD
  10. Indonesia - $600.9 million USD

These numbers highlight the significant demand for flat cold-rolled steel coils in these countries. Each of these markets has its unique set of characteristics and reasons for being a top importer of this essential material.

1. Mexico

Mexico is the world's largest importer of flat cold-rolled steel coils, with an import value of $1.1 billion USD in 2023. The country's strong manufacturing sector, particularly in automotive and construction, drives the high demand for this material. Mexico's proximity to the United States also makes it an attractive market for steel producers looking to export their products.

2. United States

The United States is the second-largest importer of flat cold-rolled steel coils, with an import value of $997.3 million USD in 2023. The country's diverse economy and robust manufacturing industry contribute to its significant demand for steel coils. The construction and automotive sectors are among the largest consumers of this material in the U.S.

3. Belgium

Belgium ranks third on the list of top import markets for flat cold-rolled steel coils, with an import value of $940.7 million USD in 2023. The country's strategic location in Europe makes it a key player in the steel industry. Belgium's advanced manufacturing capabilities and strong trade connections with other European countries drive its demand for steel coils.

4. Germany

Germany is the fourth-largest importer of flat cold-rolled steel coils, with an import value of $840.5 million USD in 2023. The country's reputation for high-quality manufacturing and engineering makes it a prime market for steel producers. Germany's automotive and machinery industries are major consumers of flat cold-rolled steel coils.

5. Poland

Poland ranks fifth on the list of top import markets for flat cold-rolled steel coils, with an import value of $738.6 million USD in 2023. The country's growing construction and manufacturing sectors drive the demand for steel coils. Poland's location in Central Europe also makes it a strategic market for steel producers looking to expand their reach.

6. Turkey

Turkey is the sixth-largest importer of flat cold-rolled steel coils, with an import value of $715.9 million USD in 2023. The country's strong steel industry and growing infrastructure projects contribute to its high demand for steel coils. Turkey's central location between Europe and Asia also makes it a key market for steel producers looking to reach multiple regions.

7. Japan

Japan ranks seventh on the list of top import markets for flat cold-rolled steel coils, with an import value of $698.7 million USD in 2023. The country's advanced manufacturing sector and high-tech industries drive the demand for high-quality steel coils. Japan's automotive and electronics industries are major consumers of flat cold-rolled steel coils.

8. Italy

Italy is the eighth-largest importer of flat cold-rolled steel coils, with an import value of $645.8 million USD in 2023. The country's strong manufacturing heritage and diverse industrial base make it an attractive market for steel producers. Italy's automotive, construction, and machinery sectors are among the largest consumers of flat cold-rolled steel coils.

9. Thailand

Thailand ranks ninth on the list of top import markets for flat cold-rolled steel coils, with an import value of $633.6 million USD in 2023. The country's growing infrastructure projects and industrial development drive the demand for steel coils. Thailand's central location in Southeast Asia also makes it a strategic market for steel producers.

10. Indonesia

Indonesia is the tenth-largest importer of flat cold-rolled steel coils, with an import value of $600.9 million USD in 2023. The country's expanding manufacturing sector and infrastructure projects contribute to its significant demand for steel coils. Indonesia's strategic location in Southeast Asia also makes it an attractive market for steel producers looking to expand their reach.

Overall, the top import markets for flat cold-rolled steel coils represent a diverse range of countries with strong manufacturing sectors and growing industrial development. These markets underscore the essential role that steel coils play in various industries around the world.

Source: IndexBox Market Intelligence Platform

  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 2012–2024
    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 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    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, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

Recommended posts