All ProductsIron or non-alloy steel; bars and rods, not further worked than forged, hot-rolled, hot drawn or hot-extruded, but including those twisted after rolling

Iron or non-alloy steel; bars and rods, not further worked than forged, hot-rolled, hot drawn or hot-extruded, but including those twisted after rolling

HS-Code 7214
Country:
Top Exporter· 2024
Top Importer· 2024
Top Producer· 2024
N/A
Export Value· 2024
$18.24B
Import Value· 2024
$15.50B
Production Volume· 2024
N/A

Supply Chain Analysis

117 entities · 2024 · exports

Source Countries

117

Trade Value

$18.24BUSD

Total Quantity

21006.18MKg

Avg per Entity

Locked

Top 5 Concentration

Locked

Value Distribution (Top 5)

Efficiency Quadrant — Unit Price vs Order Value

Premium · Volume Player · Niche · Weak

Premium
Volume Player
Niche
Weak
China

China

4,116,488,006 Kg 6 shipments $0.56/unit

$2.32B

12.73% share

40.98%
Turkey

Turkey

3,665,550,220 Kg 5 shipments $0.59/unit

$2.17B

11.87% share

52.29%
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Malaysia

Malaysia

2,605,400,000 Kg 1 shipments $0.52/unit

$1.35B

7.41% share

57.9%
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Market Concentration
Moderate
Top 5 players43.86%
Top 10 players61.13%

Balanced market — moderate negotiation leverage.

Share Split

Top 5 — 43.86%
Others — 56.1%

Top Exporting Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
12.73%$2.32B+18.02%+212.13%🐢 Slowing
2
11.87%$2.17B-5.94%-54.43%📉 Sustained Drop
3
7.41%$1.35B-15.80%-20.80%📉 Sustained Drop
4
6.47%$1.18B-12.56%-31.24%📉 Sustained Drop
5
European Union
5.37%$0.98B-0.48%+0.12%⚠ Momentum Lost

Top Importing Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
Hong Kong, China
6.61%$1.03B-17.38%-21.42%📉 Sustained Drop
2
5.93%$0.92B-23.95%-19.21%📉 Sustained Drop
3
5.24%$0.81B+0.02%+311.00%🐢 Slowing
4
5.10%$0.79B-29.89%-46.44%📉 Sustained Drop
5
3.12%$0.48B+17.91%-24.56%🔄 Recovering

Value vs YoY Growth

Bubble size = market share · Right + Up = high value, high growth

Suppliers
Buyers

Demand Market Analysis

136 entities · 2024 · imports

Buyer Countries

136

Trade Value

$15.50BUSD

Total Quantity

16619.63MKg

Avg per Entity

Locked

Top 5 Concentration

Locked

Value Distribution (Top 5)

Efficiency Quadrant — Unit Price vs Order Value

Premium · Volume Player · Niche · Weak

Premium
Volume Player
Niche
Weak

Hong Kong, China

1,866,718,454 Kg 2 shipments $0.55/unit

$1.03B

6.61% share

11354.12%

United States

1,167,224,872 Kg 2 shipments $0.79/unit

$0.92B

5.93% share

105.37%
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Singapore

1,516,084,830 Kg 2 shipments $0.54/unit

$0.81B

5.24% share

1482.6%
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Market Concentration
Fragmented
Top 5 players26.01%
Top 10 players39.77%

Many players — low supplier risk, high competition.

Share Split

Top 5 — 26.01%
Others — 74.0%

Global Trade Map

Exports + Imports by country (hover for details)

Color = Export + Import
Higher trade = darker

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