Forged alloy steel bar trade by country: top importers, exporters and prices
World trade in forged alloy steel bar was worth $1.17 billion in 2024, about 446.4 thousand tonnes. That is a fall of 1% since 2017, and down 23% 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 | $1.17B | 446.4K t |
| 2023 | $1.53B | 572.6K t |
| 2022 | $1.44B | 544.6K t |
| 2021 | $1.20B | 515.0K t |
| 2020 | $1.04B | 525.3K t |
| 2019 | $1.20B | 595.3K t |
| 2018 | $1.27B | 612.3K t |
| 2017 | $1.18B | 536.7K t |
Top forged alloy steel bar exporting countries
China is the largest exporter with 36% of world exports, followed by Germany and Sweden. The top three supply 69% between them, out of 75 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| China | $419.5M | 36% |
| Germany | $247.5M | 21% |
| Sweden | $139.5M | 12% |
| Japan | $78.5M | 6.7% |
| Italy | $57.6M | 4.9% |
| United States | $31.5M | 2.7% |
| Taiwan | $20.8M | 1.8% |
| Slovenia | $20.3M | 1.7% |
| Spain | $19.4M | 1.7% |
| Austria | $18.9M | 1.6% |
| Mexico | $14.7M | 1.3% |
| South Korea | $13.6M | 1.2% |
Top importing countries and buyer markets
The largest importers are China (11%), Italy (8%) and India (8%). 151 countries imported it, and the top three take 28% of the value.
| Importer | Value | Share |
|---|---|---|
| China | $133.9M | 11% |
| Italy | $95.4M | 8.1% |
| India | $95.1M | 8.1% |
| Turkey | $85.1M | 7.3% |
| Germany | $78.6M | 6.7% |
| United States | $53.1M | 4.5% |
| South Korea | $52.1M | 4.5% |
| Taiwan | $50.1M | 4.3% |
| Spain | $43.3M | 3.7% |
| Canada | $32.5M | 2.8% |
| Belgium | $29.1M | 2.5% |
| United Kingdom | $29.1M | 2.5% |
Average price per kg
The world average declared value was about $2.63 per kg in 2024. Among the main exporters, Sweden averaged $6.08 per kg and China $1.86 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 Forged alloy steel bar (HS 7228.40) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
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 7228.40: Steel, alloy: bars and rods, forged. HS 7228 codes.
Common questions
Which countries export the most forged alloy steel bar?
China exported $419.5 million in 2024, 36% of the world total, followed by Germany (21%) and Sweden (12%). In all, 75 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most forged alloy steel bar?
China imported $133.9 million in 2024, 11% of world imports, ahead of Italy (8%) and India (8%). The top three importers together take 28%. Each country with its own page is linked from the table.
How big is the world trade in forged alloy steel bar?
It was worth $1.17 billion in 2024, about 446.4 thousand tonnes. That is a fall of 1% since 2017. The peak year was 2023 at $1.53 billion. 75 countries reported exports and 151 reported imports.
What is the average price of forged alloy steel bar per kg?
The world average declared value was about $2.63 per kg in 2024. Among the main exporters, Sweden averaged $6.08 per kg and China $1.86 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for forged alloy steel bar?
The HS code for forged alloy steel bar is subheading 7228.40, 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 7228 page.
How can I find forged alloy steel bar 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 forged alloy steel bar 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.