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Report World - Iron or Steel Plaited Bands and Slings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

World - Iron or Steel Plaited Bands and Slings - Market Analysis, Forecast, Size, Trends and Insights

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Global Steel Plaited Band Market 2025

Steel Plaited Band Market Size

In 2022, the global steel plaited band market increased by 6.5% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Global consumption peaked in 2022 and is expected to retain growth in the immediate term.

Steel Plaited Band Production

In value terms, steel plaited band production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by 11%. Global production peaked in 2022 and is expected to retain growth in the near future.

Steel Plaited Band Exports

Exports

In 2022, global steel plaited band exports skyrocketed to X tons, jumping by 42% on the year before. Overall, exports, however, saw a noticeable decrease. The global exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, steel plaited band exports rose significantly to $X in 2022. In general, exports, however, recorded a perceptible setback. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Vietnam (X tons) and China (X tons) represented the major exporters of iron or steel plaited bands and slingsacross the globe, together amounting to approx. 48% of total exports. It was distantly followed by Thailand (X tons) and Indonesia (X tons), together comprising an 18% share of total exports. The United States (X tons), Saudi Arabia (X tons), Taiwan (Chinese) (X tons), India (X tons), the Netherlands (X tons), the UK (X tons), Turkey (X tons), Malaysia (X tons) and Oman (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Vietnam (with a CAGR of +31.0%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest steel plaited band supplier worldwide, comprising 26% of global exports. The second position in the ranking was held by Thailand ($X), with a 10% share of global exports. It was followed by Indonesia, with an 8.6% share.

In China, steel plaited band exports increased at an average annual rate of +7.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (-12.5% per year) and Indonesia (-5.0% per year).

Export Prices by Country

In 2022, the average steel plaited band export price amounted to $X per ton, waning by -19.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 21%. The global export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.0%), while the other global leaders experienced more modest paces of growth.

Steel Plaited Band Imports

Imports

In 2022, overseas purchases of iron or steel plaited bands and slings increased by 2.6% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Global imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, steel plaited band imports fell to $X in 2022. Over the period under review, imports, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. Over the period under review, global imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) represented the major importer of iron or steel plaited bands and slings, mixing up 26% of total imports. It was distantly followed by Thailand (X tons) and the United States (X tons), together comprising a 13% share of total imports. The following importers - Saudi Arabia (X tons), the UK (X tons), Norway (X tons), Canada (X tons), Australia (X tons), Germany (X tons), the United Arab Emirates (X tons), China (X tons), Kenya (X tons) and Japan (X tons) - together made up 21% of total imports.

From 2012 to 2022, average annual rates of growth with regard to steel plaited band imports into India stood at +5.1%. At the same time, Kenya (+22.0%), the United Arab Emirates (+10.4%), Thailand (+7.8%), the UK (+5.5%) and the United States (+3.6%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing importer imported in the world, with a CAGR of +22.0% from 2012-2022. By contrast, Canada (-1.5%), Japan (-1.6%), Australia (-3.9%), Germany (-5.1%), Norway (-5.7%), Saudi Arabia (-5.8%) and China (-8.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India, Thailand, the United States and the UK increased by +14, +4.9, +2.2 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported iron or steel plaited bands and slings worldwide, comprising 18% of global imports. The second position in the ranking was taken by the United States ($X), with a 7.2% share of global imports. It was followed by Thailand, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at +2.5%. In the other countries, the average annual rates were as follows: the United States (+5.3% per year) and Thailand (+2.6% per year).

Import Prices by Country

The average steel plaited band import price stood at $X per ton in 2022, declining by -12% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Kenya ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, India and Poland, together comprising 42% of global consumption.
The country with the largest volume of steel plaited band production was China, comprising approx. 29% of total volume. Moreover, steel plaited band production in China exceeded the figures recorded by the second-largest producer, Poland, threefold. India ranked third in terms of total production with an 8.6% share.
In value terms, China remains the largest steel plaited band supplier worldwide, comprising 21% of global exports. The second position in the ranking was occupied by Thailand, with a 9.4% share of global exports. It was followed by Indonesia, with a 7.3% share.
In value terms, India constitutes the largest market for imported iron or steel plaited bands and slings worldwide, comprising 30% of global imports. The second position in the ranking was occupied by China, with a 6.5% share of global imports. It was followed by the Netherlands, with a 4.7% share.
The average steel plaited band export price stood at $3,401 per ton in 2021, increasing by 7.1% against the previous year.
The average steel plaited band import price stood at $4,196 per ton in 2021, picking up by 14% against the previous year.

This report provides an in-depth analysis of the global steel plaited band market. 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 25931150 - Iron or steel plaited bands, slings and the like (excluding electrically insulated)

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 2012–2024
    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

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