Hot-rolled stainless steel sheet imports in Saudi Arabia: data, top suppliers and prices
Imports of hot-rolled stainless steel sheet by Saudi Arabia reached $20.9 million in 2024 (5.5 thousand tonnes). Its share of world imports was 1%. That is 72% more than in 2023. Over 2017-2024 the trade grew strongly, by about 17% a year on average.
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 | $20.9M | 5.5K t |
| 2023 | $12.1M | 2.7K t |
| 2022 | $13.5M | 2.2K t |
| 2021 | $5.3M | 1.3K t |
| 2020 | $10.7M | 3.1K t |
| 2019 | $4.3M | 1.2K t |
| 2018 | $6.3M | 1.9K t |
| 2017 | $6.9M | 2.1K t |
Where Saudi Arabia imports hot-rolled stainless steel sheet from
Most of the value came from Belgium (24%), China (24%), India (19%). Among the main suppliers, United States grew fastest (+634% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Belgium | $5.1M | 25% |
| China | $5.0M | 24% |
| India | $4.0M | 19% |
| Sweden | $2.3M | 11% |
| South Korea | $1.3M | 6.2% |
| Slovenia | $1.0M | 5% |
| Bahrain | $599K | 2.9% |
| Italy | $436K | 2.1% |
| Germany | $404K | 1.9% |
| United States | $258K | 1.2% |
Average import price per kg
The average declared value was about $3.81 per kg, close to the world average of $3.78.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia hot-rolled stainless steel sheet imports (HS 7219.21): 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 7219.21: Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness exceeding 10mm.
Common questions
What is the value of hot-rolled stainless steel sheet imported by Saudi Arabia?
Saudi Arabia imported hot-rolled stainless steel sheet worth $20.9 million in 2024, the latest year with complete public data, about 5.5 thousand tonnes. That ranks it 26th of 157 countries worldwide, with 1% of world imports. The value was up 72% on 2023.
Which countries supply hot-rolled stainless steel sheet to Saudi Arabia?
Belgium was the largest supplier with 24% of the value ($5.1 million), followed by China (24%) and India (19%). The top three together account for 67%, out of 19 supplier countries in total. The United States grew fastest among the top ten, up 634% on the year.
What is the average import price of hot-rolled stainless steel sheet per kg?
The average declared import value was about $3.81 per kg in 2024, close to the world average of $3.78 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of hot-rolled stainless steel sheet to Saudi Arabia changed since 2017?
Imports went from $6.9 million in 2017 to $20.9 million in 2024, an increase of 204%. 2024 was the highest year in the period. Over 8 years the average was $10.0 million a year.
What is the HS code for hot-rolled stainless steel sheet?
The HS code for hot-rolled stainless steel sheet is subheading 7219.21. 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 steel sheet trade: top importers and exporters
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