Alloy steel ingot exports from the United Kingdom: data, top buyers and prices
In 2024, the United Kingdom exported alloy steel ingot worth $7.7 million (399 tonnes). That makes it the 10th largest exporter of this product worldwide, out of 63 countries. Value rose 280% on 2023. Over 2017-2024 it shrank by about 8% a year on average. The peak in this period was 2021, at $44.2 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $7.7M | 399 t |
| 2023 | $2.0M | 375 t |
| 2022 | $4.1M | 1.2K t |
| 2021 | $44.2M | 35.1K t |
| 2020 | $8.3M | 2.2K t |
| 2019 | $6.5M | 1.4K t |
| 2018 | $13.6M | 4.7K t |
| 2017 | $13.5M | 6.6K t |
Where the United Kingdom exports alloy steel ingot to
The largest buyer markets were India (40%), Italy (35%), United States (15%). Among the main buyer markets, Italy grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| India | $3.1M | 40% |
| Italy | $2.7M | 35% |
| United States | $1.1M | 15% |
| Israel | $361K | 4.7% |
| Singapore | $174K | 2.3% |
| Denmark | $58K | 0.8% |
| Indonesia | $23K | 0.3% |
| Ireland | $22K | 0.3% |
| South Africa | $20K | 0.3% |
| France | $19K | 0.2% |
Average export price per kg
The average declared value was about $19.22 per kg, 614% above the world average of $2.69. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Alloy steel ingot imports to the United Kingdom
The United Kingdom imported $4.0 million of alloy steel ingot in 2024 (1.8 thousand tonnes). Its share of world imports was 1%. Most of the value came from France (31%), United States (22%), Poland (22%). Among the main suppliers, Austria grew fastest (+800% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| France | $1.2M | 31% |
| United States | $888K | 22% |
| Poland | $862K | 22% |
| Italy | $483K | 12% |
| Canada | $251K | 6.3% |
| Austria | $167K | 4.2% |
| China | $57K | 1.4% |
| Taiwan | $11K | 0.3% |
| Japan | $10K | 0.3% |
| Germany | $4K | 0.1% |
Who is behind these numbers in the United Kingdom?
The shipment records behind United Kingdom alloy steel ingot exports (HS 7224.10): companies, dates, quantities and declared values.
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Direct customs feed: shipment-level records from the official customs source.
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.
Common questions
What is the value of alloy steel ingot exported by the United Kingdom?
The United Kingdom exported alloy steel ingot worth $7.7 million in 2024, the latest year with complete public data, about 399 tonnes. That ranks it 10th of 63 countries worldwide, with 1% of world exports. The value was up 280% on 2023.
Which countries buy alloy steel ingot from the United Kingdom?
India was the largest buyer with 40% of the value ($3.1 million), followed by Italy (35%) and the United States (15%). The top three together account for 90%, out of 25 buyer countries in total. The United States grew fastest among the top ten, up 649% on the year.
What is the average export price of alloy steel ingot per kg?
The average declared export value was about $19.22 per kg in 2024, 614% above the world average of $2.69 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of alloy steel ingot from the United Kingdom changed since 2017?
Exports went from $13.5 million in 2017 to $7.7 million in 2024, a fall of 43%. The peak was 2021 at $44.2 million. Over 8 years the average was $12.5 million a year.
Does the United Kingdom also import alloy steel ingot?
Yes. The United Kingdom imported $4.0 million worth of this product in 2024, mainly from France, the United States and Poland. On balance the United Kingdom is a net exporter of this product, by about $3.7 million a year.
What is the HS code for alloy steel ingot?
The HS code for alloy steel ingot is subheading 7224.10. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7224 page.
How can I find the companies behind this trade?
EximDataX has a direct customs feed for the United Kingdom, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.
Same product, other countries
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