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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 THE 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 EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    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 Export

    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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  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: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption, by Country, 2022–2024
    5. Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    9. Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    10. Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    11. Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Consumption, by Country, 2024
    4. Market Volume Forecast to 2035
    5. Market Value Forecast to 2035
    6. Market Size and Growth, By Product
    7. Average Per Capita Consumption, By Product
    8. Exports and Growth, By Product
    9. Export Prices and Growth, By Product
    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: Historical Data (2012–2024) and Forecast (2025–2035)
    18. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    19. Production, by Country, 2024
    20. Production, In Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    21. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    32. Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)

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