Hot-rolled steel sheet thick imports in Saudi Arabia: data, top suppliers and prices
Imports of hot-rolled steel sheet thick by Saudi Arabia reached $596.5 million in 2024 (725.7 thousand tonnes). That makes it the 8th largest importer of this product worldwide, out of 197 countries. That is 18% less than in 2023. Over 2017-2024 the trade grew strongly, by about 28% 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 | $596.5M | 725.7K t |
| 2023 | $728.0M | 741.1K t |
| 2022 | $303.7M | 297.5K t |
| 2021 | $157.4M | 187.5K t |
| 2020 | $147.5M | 244.0K t |
| 2019 | $118.0M | 161.2K t |
| 2018 | $217.0M | 293.8K t |
| 2017 | $104.1M | 166.1K t |
Where Saudi Arabia imports hot-rolled steel sheet thick from
One supplier dominates: China accounted for 89% of the value.
| Supplier country | Value | Share |
|---|---|---|
| China | $528.8M | 89% |
| Austria | $26.0M | 4.4% |
| South Korea | $25.2M | 4.2% |
| Japan | $5.5M | 0.9% |
| Belgium | $3.5M | 0.6% |
| France | $2.1M | 0.4% |
| Germany | $1.8M | 0.3% |
| India | $1.4M | 0.2% |
| Kuwait | $336K | 0.1% |
| United Arab Emirates | $333K | 0.1% |
Average import price per kg
The average declared value was about $0.82 per kg, close to the world average of $0.81.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Hot-rolled steel sheet thick exports from Saudi Arabia
In 2024, Saudi Arabia exported hot-rolled steel sheet thick worth $3.6 million (4.9 thousand tonnes). United Arab Emirates alone took 80% of it. Among the main buyer markets, Qatar grew fastest (+826% on the year before).
| Destination | Value | Share |
|---|---|---|
| United Arab Emirates | $2.9M | 80% |
| Qatar | $391K | 11% |
| Germany | $246K | 6.8% |
| Oman | $70K | 1.9% |
| India | $8K | 0.2% |
| Bahrain | $4K | 0.1% |
| Finland | $2K | 0.1% |
| Switzerland | $1K | 0% |
| Singapore | $1K | 0% |
| Netherlands | $0K | 0% |
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia hot-rolled steel sheet thick imports (HS 7208.51): 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 7208.51: Iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, without patterns in relief, of a thickness exceeding 10mm.
Common questions
What is the value of hot-rolled steel sheet thick imported by Saudi Arabia?
Saudi Arabia imported hot-rolled steel sheet thick worth $596.5 million in 2024, the latest year with complete public data, about 725.7 thousand tonnes. That ranks it 8th of 197 countries worldwide, with 4% of world imports. The value was down 18% on 2023.
Which countries supply hot-rolled steel sheet thick to Saudi Arabia?
China was the largest supplier with 89% of the value ($528.8 million), followed by Austria (4%) and South Korea (4%). The top three together account for 97%, out of 28 supplier countries in total. Japan grew fastest among the top ten, up 340% on the year.
What is the average import price of hot-rolled steel sheet thick per kg?
The average declared import value was about $0.82 per kg in 2024, close to the world average of $0.81 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 steel sheet thick to Saudi Arabia changed since 2017?
Imports went from $104.1 million in 2017 to $596.5 million in 2024, an increase of 473%. The peak was 2023 at $728.0 million. Over 8 years the average was $296.5 million a year.
Does Saudi Arabia also export hot-rolled steel sheet thick?
Yes. Saudi Arabia exported $3.6 million worth of this product in 2024, mainly to the United Arab Emirates, Qatar and Germany. On balance Saudi Arabia is a net importer of this product, by about $592.9 million a year.
What is the HS code for hot-rolled steel sheet thick?
The HS code for hot-rolled steel sheet thick is subheading 7208.51. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7208 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 steel sheet thick trade: top importers and exporters
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