Turkey ranked 1st in EU steel exports between 2020 and 2022, maintaining its leadership for 3 years.
In 2020, Turkey's steel exports to Europe peaked at 3 million 780 thousand tons. In 2021, it maintained its leadership and increased by 17.7% compared to 2020 and reached 4 million 448 thousand tons.
Europe's steel imports from Turkey fell in 2022
In 2021, Europe's steel imports from Turkey peaked at 4,449,000 tons, while this figure decreased by 6.5% to 4,158,000 tons in 2022.
The war between Russia and Ukraine affected the ranking of Europe's steel imports, excluding stainless steel, to non-EU countries in 2022.
Europe's steel imports to Russia hit a record high in 2021
European steel imports to Russia increased by 19% in 2021 compared to 2020, from 3,132,000 tons to 3,727,000 tons.
Russia was doing well in exports in 2020 and 2021, what happened in 2022?
Everything changed a lot for Russia in 2022 after the war, the EU did not want to import!
In 2020 and 2021, Russia was the largest exporter of steel to Europe, followed by Turkey.
Europe banned steel exports from Russia to Europe after Russia started its invasion of Ukraine.
As the European Union banned the import of many steel products from Russia as part of the sanctions against Russia, Turkey increased its current quota and registered its place in 1st place.
In 2022, Russian steel exports decreased by 67.6% compared to 2021 and 2020, and by a record 61.4% to 1 million 208 thousand tons.
Ukraine's steel exports to the EU rose sharply in 2021 and fell sharply in 2022
Ukraine's steel exports to the EU increased by 58% in 2021 compared to 2020, from 1 million 599 thousand tons to 2 million 540 thousand tons, rising from 6th to 4th place.
In 2022, compared to 2021, it decreased by 50% to 1 million 263 thousand tons, from 4th to 9th place.
Ukraine exported 1 million 263 thousand tons to Europe with a sharp decline in 2022, below the export figures of 2020.
South Korea took advantage of opportunities in 2022!
South Korea's steel exports to Europe in 2022 increased by 33.6% compared to 2021, from 2 million 97 thousand tons to 2 million 800 thousand tons.
In 2020, South Korea ranked in the top 3 with 2 million 412 thousand tons of steel exports, while in 2021 it dropped to 5th place.
The decline in Ukraine and Russia's steel exports to Europe in 2022 caused South Korea to rise to 2nd place in 2022.
India maintained its 3rd place in 2021 and 2022
India's steel exports to Europe increased sharply by 98% in 2021 compared to 2020, from 1,695,000 tons to 3,365,000 tons, moving from 5th to 3rd place.
India's steel exports decreased by 26.5% in 2022 compared to 2021, but this did not change its ranking and it maintained its position in the ranking with 2 million 473 thousand tons of exports.
China and Taiwan are the two major countries showing an increase in Europe's steel imports!
From 2021 to 2022, China and Taiwan's steel exports to Europe increased by 59% and 26% respectively.
While China ranked 7th in European steel exports in 2020 with 1 million 118 thousand tons, it fell to 9th place in 2021 despite exporting 1 million 361 thousand tons of steel.
In 2022, Europe's steel imports from China increased to 2 million 163 thousand tons and rose to 4th place.
In 2022, Taiwan's steel exports to the EU increased to 1 million 794 thousand tons compared to 2021.
In 2020, Taiwan ranked 8th with 803 thousand tons, while in 2021, it maintained its 8th place despite exporting 1 million 423 thousand tons of steel, a record increase of 77% compared to 2020.
China surpassed 4 countries in steel exports in 2022 compared to 2021, while Taiwan surpassed 3 countries.
In 2021, Taiwan's steel exports to Europe were ahead of China. On the other hand, China surpassed Taiwan in 2022 with a record rise in exports.
China and Taiwan's export surge has affected the position of the UK and Vietnam
In 2021, the UK exported 1 million 723 thousand tons of steel to Europe, ranking 5th. In 2022, it fell to 1,681,000 tons, ranking 6th. The UK's 2.4% decline led to a one-place drop in 2022.
Vietnam's decline of 4.3% also led to a one-place drop in 2022 compared to 2021, just like the UK. European steel imports from Vietnam fell from 1,532,000 tons to 1,465,000 tons.
Japan's steel exports to Europe rise from 18th to 8th place from 2020 to 2022, Japan rises from the ashes
Japan's steel exports to the EU in 2020 were 238 thousand tons. In 2021, it increased to 839 thousand tons, an increase of 3 and a half times compared to 2020.
With this increase, it rose from 18th to 11th place. In 2022 compared to 2021, it increased by 72% to 1 million 445 thousand tons, an increase of 6 times from 2020 to 2022.
Egypt showed a sharp increase of 2.7 times in 2021 compared to 2020
From 2020 to 2021, it managed to enter the top 10, rising from 14th to 10th place. In 2022, it dropped one place and was not in the top 10.
Egypt's exports to Europe in 2021 increased from 347,000 tons to 954,000 tons compared to 2020, ahead of Japan's exports to Europe. In 2022, it decreased to 786 thousand tons compared to 2021.
According to statistical forecasts, Japan's rise from 11th to 8th place in 2022 caused Egypt to slip back one place.
Déjà vu effect for Brazil in export ranking from 2020 to 2022
In 2020, Brazil's steel exports to Europe ranked 13th with 374,000 tons, while in 2021 they fell to 235,000 tons, down 37% compared to 2020.
A record rise in Brazilian steel exports in 2022!
Brazil's steel exports to Europe increased nearly 3 times in 2022 compared to 2021, from 235 thousand tons to 701 thousand tons.
Belarus cuts exports to Europe from 2021 to 2022
In 2022, compared to 2020, Belarusian steel exports to Europe increased by 23% from 556,000 tons to 684,000 tons, but fell from 10th to 13th place in the country ranking.
Sharp rises in Vietnam, Egypt and Japan dampened Belarus' export growth in 2021
Belarus hit rock bottom with a 69% decrease in 2022 compared to 2021.
Belarusian steel exports to Europe dropped to 212 thousand tons, from 13th to 21st place.
How did Indonesia rise 6 places in exports from 2020 to 2022?
Up 27% in 2021 compared to 2020. In 2020, it ranked 20th with 118 thousand tons, while in 2021 it rose to 19th place with 249 thousand tons.
In 2022, it increased by a record 2.4 times compared to 2021 and reached 603 thousand tons.
Malaysia should have seen a record increase in exports from 2020 to 2021
Malaysia dropped from 25th to 28th place in the country ranking despite a 34% increase from 26 thousand tons to 34 thousand tons in 2021 compared to 2020.
In 2022 compared to 2021, it ranked 18th with a 10-fold increase to 353 thousand tons.
Comments
No comment yet.