Alloy steel ingot trade by country: top importers, exporters and prices
World trade in alloy steel ingot was worth $577.1 million in 2024, about 214.5 thousand tonnes. That is a fall of 7% since 2017, and down 26% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $577.1M | 214.5K t |
| 2023 | $781.3M | 273.8K t |
| 2022 | $959.0M | 583.0K t |
| 2021 | $1.06B | 852.6K t |
| 2020 | $559.4M | 470.6K t |
| 2019 | $584.6M | 412.6K t |
| 2018 | $629.3M | 391.5K t |
| 2017 | $619.9M | 396.9K t |
Top alloy steel ingot exporting countries
Austria is the largest exporter with 22% of world exports, followed by China and France. The top three supply 57% between them, out of 63 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Austria | $127.7M | 22% |
| China | $118.8M | 21% |
| France | $84.7M | 15% |
| Italy | $62.4M | 11% |
| United States | $56.0M | 9.7% |
| Germany | $50.1M | 8.7% |
| Poland | $10.1M | 1.8% |
| Czech Republic | $9.2M | 1.6% |
| Spain | $8.4M | 1.5% |
| United Kingdom | $7.7M | 1.3% |
| India | $6.6M | 1.2% |
| Canada | $4.5M | 0.8% |
Top importing countries and buyer markets
Italy is the biggest buyer with 18% of world imports, ahead of Japan and Germany. Demand is spread widely: the top three take 45% across 110 importing countries.
| Importer | Value | Share |
|---|---|---|
| Italy | $106.4M | 18% |
| Japan | $88.1M | 15% |
| Germany | $68.1M | 12% |
| China | $65.3M | 11% |
| Sweden | $59.1M | 10% |
| Ukraine | $35.4M | 6.1% |
| Spain | $23.5M | 4.1% |
| Romania | $23.2M | 4% |
| Canada | $15.5M | 2.7% |
| France | $13.1M | 2.3% |
| Austria | $10.5M | 1.8% |
| India | $9.2M | 1.6% |
Average price per kg
The world average declared value was about $2.69 per kg in 2024. Among the main exporters, China averaged $8.41 per kg and Poland $1.16 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Alloy steel ingot (HS 7224.10) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7224.10: Steel, alloy: ingots and other primary forms. HS 7224 codes.
Common questions
Which countries export the most alloy steel ingot?
Austria exported $127.7 million in 2024, 22% of the world total, followed by China (21%) and France (15%). In all, 63 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most alloy steel ingot?
Italy imported $106.4 million in 2024, 18% of world imports, ahead of Japan (15%) and Germany (12%). The top three importers together take 45%. Each country with its own page is linked from the table.
How big is the world trade in alloy steel ingot?
It was worth $577.1 million in 2024, about 214.5 thousand tonnes. That is a fall of 7% since 2017. The peak year was 2021 at $1.06 billion. 63 countries reported exports and 110 reported imports.
What is the average price of alloy steel ingot per kg?
The world average declared value was about $2.69 per kg in 2024. Among the main exporters, China averaged $8.41 per kg and Poland $1.16 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for alloy steel ingot?
The HS code for alloy steel ingot is subheading 7224.10, in chapter 72 (iron and steel). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 7224 page.
How can I find alloy steel ingot buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show alloy steel ingot buyers and suppliers on a short call.
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.