World - Hot-Dipped Metal-Coated Sheet - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingHot-Dipped Metal-Coated Sheet Market
The global market for hot-dipped metal-coated sheet is projected to see growth in various key indicators from 2022 to 2030. Consumption, production, imports, and exports are all expected to increase, with forecasted values provided. Key countries leading in consumption, production, and exports are identified, along with notable trends in import prices and volumes. Overall, the market is set to expand in the coming years, driven by increasing demand worldwide.
Market Forecast
Driven by increasing demand for hot-dipped metal-coated sheet worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +3.9% for the period from 2022 to 2030, which is projected to bring the market volume to 267M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +6.0% for the period from 2022 to 2030, which is projected to bring the market value to $309.5B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Hot-Dipped Metal-Coated Sheet
In 2022, global consumption of hot-dipped metal-coated sheet shrank slightly to 196M tons, standing approx. at 2021. The total consumption volume increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at 209M tons in 2018; however, from 2019 to 2022, consumption remained at a lower figure.
The global hot-dipped metal-coated sheet market size was estimated at $194.7B in 2022, rising by 2.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the peak level at $206.4B in 2018; however, from 2019 to 2022, consumption remained at a lower figure.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (43M tons), the United States (26M tons) and India (17M tons), with a combined 44% share of global consumption. Japan, Russia, Brazil, the UK, Mexico, Germany, Canada, Iran and South Korea lagged somewhat behind, together comprising a further 24%.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by the UK (with a CAGR of +8.1%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($34.4B), China ($29.5B) and India ($13.4B) were the countries with the highest levels of market value in 2022, together accounting for 40% of the global market.
Among the main consuming countries, the United States, with a CAGR of +9.3%, recorded the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of hot-dipped metal-coated sheet per capita consumption in 2022 were Canada (100 kg per person), the UK (82 kg per person) and the United States (78 kg per person).
From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +7.6%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Hot-Dipped Metal-Coated Sheet
In 2022, approx. 196M tons of hot-dipped metal-coated sheet were produced worldwide; declining by -2.5% compared with the year before. The total output volume increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when the production volume increased by 14% against the previous year. Global production peaked at 212M tons in 2018; however, from 2019 to 2022, production failed to regain momentum.
In value terms, hot-dipped metal-coated sheet production contracted to $191.8B in 2022 estimated in export price. Overall, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +6.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 26% against the previous year. Over the period under review, global production attained the maximum level at $238.2B in 2019; however, from 2020 to 2022, production failed to regain momentum.
Production By Country
China (51M tons) constituted the country with the largest volume of hot-dipped metal-coated sheet production, comprising approx. 26% of total volume. Moreover, hot-dipped metal-coated sheet production in China exceeded the figures recorded by the second-largest producer, the United States (24M tons), twofold. The third position in this ranking was taken by India (17M tons), with an 8.7% share.
From 2012 to 2022, the average annual rate of growth in terms of volume in China stood at +5.8%. In the other countries, the average annual rates were as follows: the United States (+6.8% per year) and India (+4.1% per year).
Imports
World Imports of Hot-Dipped Metal-Coated Sheet
Global hot-dipped metal-coated sheet imports contracted to 41M tons in 2022, dropping by -8.6% on the year before. The total import volume increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 21%. As a result, imports attained the peak of 45M tons, and then dropped in the following year.
In value terms, hot-dipped metal-coated sheet imports expanded slightly to $49.5B in 2022. In general, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. Global imports peaked in 2022 and are expected to retain growth in years to come.
Imports By Country
The countries with the highest levels of hot-dipped metal-coated sheet imports in 2022 were Germany (2.9M tons), the United States (2.8M tons), Belgium (2.1M tons), Spain (1.8M tons), Turkey (1.7M tons), Thailand (1.6M tons), Italy (1.5M tons), Poland (1.5M tons), France (1.3M tons), Sweden (1M tons), Canada (1M tons) and China (1M tons), together resulting at 50% of total import. Mexico (980K tons) followed a long way behind the leaders.
From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +11.2%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($4.1B), Germany ($3.8B) and Belgium ($2.6B) constituted the countries with the highest levels of imports in 2022, with a combined 21% share of global imports. Spain, Turkey, Poland, Italy, Thailand, Mexico, Canada, France, Sweden and China lagged somewhat behind, together accounting for a further 34%.
Turkey, with a CAGR of +14.1%, recorded 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.
Import Prices By Country
The average hot-dipped metal-coated sheet import price stood at $1,215 per ton in 2022, increasing by 14% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-dipped metal-coated sheet import price increased by +60.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 41%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 Mexico ($1,559 per ton), while France ($1,022 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.1%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Hot-Dipped Metal-Coated Sheet
In 2022, the amount of hot-dipped metal-coated sheet exported worldwide dropped markedly to 41M tons, waning by -17% on the year before. The total export volume increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of 49M tons, and then declined markedly in the following year.
In value terms, hot-dipped metal-coated sheet exports declined to $48.8B in 2022. Over the period under review, total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 86%. As a result, the exports attained the peak of $52.7B, and then dropped in the following year.
Exports By Country
In 2022, China (9.4M tons), distantly followed by South Korea (4M tons), Belgium (3.2M tons), Germany (2.6M tons) and Turkey (2.2M tons) represented the key exporters of hot-dipped metal-coated sheet, together comprising 53% of total exports. The following exporters - Vietnam (1.6M tons), Austria (1.6M tons), Japan (1.5M tons), France (1.5M tons), the Netherlands (1.5M tons), Italy (1.1M tons), Taiwan (Chinese) (1.1M tons) and the United States (1M tons) - together made up 27% of total exports.
From 2012 to 2022, average annual rates of growth with regard to hot-dipped metal-coated sheet exports from China stood at +5.7%. At the same time, Turkey (+19.5%), Vietnam (+18.3%), Belgium (+2.6%), France (+2.1%), Austria (+2.0%), South Korea (+1.7%), Germany (+1.7%) and the Netherlands (+1.0%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of +19.5% from 2012-2022. By contrast, the United States (-2.7%), Taiwan (Chinese) (-3.0%), Italy (-5.8%) and Japan (-7.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Turkey and Vietnam increased by +7, +4.4 and +3.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($10B) remains the largest hot-dipped metal-coated sheet supplier worldwide, comprising 20% of global exports. The second position in the ranking was taken by South Korea ($4.4B), with a 9.1% share of global exports. It was followed by Belgium, with an 8.3% share.
In China, hot-dipped metal-coated sheet exports increased at an average annual rate of +8.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (+3.6% per year) and Belgium (+5.6% per year).
Export Prices By Country
In 2022, the average hot-dipped metal-coated sheet export price amounted to $1,202 per ton, with an increase of 12% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-dipped metal-coated sheet export price increased by +59.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 43%. The global export price peaked in 2022 and is expected to retain growth in years to come.
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 United States ($1,879 per ton), while China ($1,063 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.1%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global hot-dipped metal-coated sheet 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 24105130 - Hot-dipped metal coated sheet and strip of a width . .600 mm
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- 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
+ 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
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. 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
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global hot-dipped metal-coated sheet market.
This report provides an in-depth analysis of the global flat-rolled steel products market.
Global Electrolytically Metal-Coated Sheet Market Report 2018. This report provides an in-depth analysis of the global electrolytically metal-coated sheet market.
Global Hot-Rolled Plate Or Sheet Market Report 2018. This report provides an in-depth analysis of the global market for hot-rolled plate or sheet.
Explore the top import markets for hot-dipped metal-coated sheet, including the United States, Germany, Belgium, and more. Discover key statistics and data from the IndexBox market intelligence platform.
In value terms, semi-finished products of iron and non-alloy steel imports totaled $X in 2016. In general, semi-finished products of iron and non-alloy steel imports continue to indicate a pronounce...
In value terms, flat-rolled products of iron and non-alloy steel imports totaled $X in 2016. In general, flat-rolled products of iron and non-alloy steel imports continue to indicate a mild setback....
In value terms, alloy steel in ingots and other primary forms imports stood at $X in 2016. Overall, alloy steel in ingots and other primary forms imports continue to indicate a significant downturn...
In value terms, alloy steel flat-rolled products imports amounted to $X in 2016. In general, alloy steel flat-rolled products imports continue to indicate a pronounced downturn. Over the period und...
In value terms, steel, alloy, hot-rolled bars and rods imports stood at $X in 2016. Overall, steel, alloy, hot-rolled bars and rods imports continue to indicate a remarkable expansion. Over the per...
In value terms, alloy steel bars, rods, shapes and sections imports totaled $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value increased at an average an...
In value terms, semi-finished products of iron and non-alloy steel exports amounted to $X in 2016. In general, semi-finished products of iron and non-alloy steel exports continue to indicate a drast...
In value terms, flat-rolled products of iron and non-alloy steel exports stood at $X in 2016. Overall, flat-rolled products of iron and non-alloy steel exports continue to indicate a relatively flat...
In value terms, alloy steel in ingots and other primary forms exports totaled $X in 2016. In general, alloy steel in ingots and other primary forms exports continue to indicate a mild contraction. ...