Hot-rolled stainless plate imports in Saudi Arabia: data, top suppliers and prices
Imports of hot-rolled stainless plate by Saudi Arabia reached $14.7 million in 2024 (4.4 thousand tonnes). Its share of world imports was 1%. Value fell 26% from 2023. Over 2017-2024 the trade grew strongly, by about 9% a year on average. The peak in this period was 2023, at $19.8 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $14.7M | 4.4K t |
| 2023 | $19.8M | 4.5K t |
| 2022 | $11.8M | 2.2K t |
| 2021 | $8.1M | 2.0K t |
| 2020 | $8.1M | 2.6K t |
| 2019 | $8.4M | 2.4K t |
| 2018 | $9.9M | 3.1K t |
| 2017 | $8.1M | 2.6K t |
Where Saudi Arabia imports hot-rolled stainless plate from
The largest suppliers were China (28%), Sweden (27%), India (13%). Among the main suppliers, Germany grew fastest (+152% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $4.0M | 28% |
| Sweden | $4.0M | 27% |
| India | $2.0M | 13% |
| Finland | $1.0M | 6.9% |
| Taiwan | $745K | 5.1% |
| Germany | $615K | 4.2% |
| Belgium | $518K | 3.5% |
| United States | $426K | 2.9% |
| Italy | $263K | 1.8% |
| South Korea | $232K | 1.6% |
Average import price per kg
The average declared value was about $3.34 per kg, close to the world average of $3.50.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Hot-rolled stainless plate exports from Saudi Arabia
Saudi Arabia exported $419 thousand of hot-rolled stainless plate in 2024 (46 tonnes). One buyer market dominates: Belgium accounted for 81% of the value. Among the main buyer markets, Kuwait grew fastest (+128% on the year before).
| Destination | Value | Share |
|---|---|---|
| Belgium | $340K | 81% |
| Kuwait | $21K | 4.9% |
| United Arab Emirates | $17K | 4.1% |
| Oman | $16K | 3.8% |
| Bahrain | $9K | 2.1% |
| Serbia | $8K | 1.9% |
| Slovenia | $7K | 1.7% |
| Austria | $1K | 0.3% |
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia hot-rolled stainless plate imports (HS 7219.22): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
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 7219.22: Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness of 4.75mm or more but not exceeding 10mm.
Common questions
What is the value of hot-rolled stainless plate imported by Saudi Arabia?
Saudi Arabia imported hot-rolled stainless plate worth $14.7 million in 2024, the latest year with complete public data, about 4.4 thousand tonnes. That ranks it 27th of 176 countries worldwide, with 1% of world imports. The value was down 26% on 2023.
Which countries supply hot-rolled stainless plate to Saudi Arabia?
China was the largest supplier with 28% of the value ($4.0 million), followed by Sweden (27%) and India (13%). The top three together account for 68%, out of 24 supplier countries in total. Germany grew fastest among the top ten, up 152% on the year.
What is the average import price of hot-rolled stainless plate per kg?
The average declared import value was about $3.34 per kg in 2024, close to the world average of $3.50 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of hot-rolled stainless plate to Saudi Arabia changed since 2017?
Imports went from $8.1 million in 2017 to $14.7 million in 2024, an increase of 81%. The peak was 2023 at $19.8 million. Over 8 years the average was $11.1 million a year.
Does Saudi Arabia also export hot-rolled stainless plate?
Yes. Saudi Arabia exported $419 thousand worth of this product in 2024, mainly to Belgium, Kuwait and the United Arab Emirates. On balance Saudi Arabia is a net importer of this product, by about $14.3 million a year.
What is the HS code for hot-rolled stainless plate?
The HS code for hot-rolled stainless plate is subheading 7219.22. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7219 page.
How can I find the companies behind this trade?
For Saudi Arabia, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
Same product, other countries
World hot-rolled stainless plate trade: top importers and exporters
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