🇬🇧 United Kingdom imports of alloy steel ingots: 2024 trade data
In 2024, the United Kingdom imported alloy steel ingots worth $245.8 million (341.3 thousand tonnes). That makes it the 4th largest importer of this product worldwide, out of 158 countries. Value rose 300% on 2023. Over 2017-2024 the trade grew strongly, by about 39% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of alloy steel ingots by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $245.8M | 341.3K t |
| 2023 | $61.4M | 26.4K t |
| 2022 | $65.1M | 25.7K t |
| 2021 | $37.0M | 26.9K t |
| 2020 | $27.3M | 28.9K t |
| 2019 | $28.1M | 17.1K t |
| 2018 | $39.0M | 22.0K t |
| 2017 | $24.2M | 13.0K t |
Where the United Kingdom imports alloy steel ingots from
One supplier dominates: India accounted for 53% of the value. Among the main suppliers, Netherlands grew fastest (+628% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇮🇳 India | $130.4M | 53% |
| 🇳🇱 Netherlands | $38.0M | 16% |
| 🇪🇸 Spain | $20.6M | 8.4% |
| 🇻🇳 Vietnam | $12.6M | 5.1% |
| 🇩🇪 Germany | $11.5M | 4.7% |
| 🇮🇹 Italy | $8.5M | 3.4% |
| 🇧🇷 Brazil | $4.3M | 1.8% |
| 🇹🇷 Turkey | $4.0M | 1.6% |
| 🇫🇷 France | $3.4M | 1.4% |
| 🇺🇸 United States | $3.1M | 1.3% |
Types of alloy steel ingots under HS 7224
| 7224.90 | Steel, alloy: semi-finished products | 98% |
| 7224.10 | Steel, alloy: ingots and other primary forms | 1.6% |
Codes and full descriptions: HS heading 7224.
Average import price of alloy steel ingots
The average declared value was about $0.72 per kg, 29% below the world average of $1.01, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United Kingdom also exports alloy steel ingots
The United Kingdom exported $43.0 million of alloy steel ingots in 2024 (21.7 thousand tonnes). Its share of world exports was 1%. Most of it went to Italy (24%), Netherlands (19%), India (14%). Among the main buyer markets, India grew fastest (+768% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇮🇹 Italy | $10.3M | 24% |
| 🇳🇱 Netherlands | $8.1M | 19% |
| 🇮🇳 India | $6.2M | 14% |
| 🇺🇸 United States | $5.5M | 13% |
| 🇨🇳 China | $2.8M | 6.5% |
| 🇨🇦 Canada | $2.3M | 5.3% |
| 🇩🇪 Germany | $1.7M | 4% |
| 🇧🇷 Brazil | $1.5M | 3.4% |
| 🇰🇷 South Korea | $720K | 1.7% |
| 🇳🇴 Norway | $720K | 1.7% |
Who is behind these numbers in the United Kingdom?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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: Alloy steel in ingots or other primary forms, semi-finished products of other alloy steel.
Alloy steel ingots trade in the United Kingdom: questions
What is the value of alloy steel ingots imported by the United Kingdom?
The United Kingdom imported alloy steel ingots worth $245.8 million in 2024 (341.3 thousand tonnes).
Where does the United Kingdom import alloy steel ingots from?
The main supplier countries in 2024 were India (53%), Netherlands (15%), Spain (8%).
What is the average import price of alloy steel ingots in the United Kingdom?
The average declared import value was about $0.72 per kg in 2024, against a world average of $1.01 per kg.
Does the United Kingdom export alloy steel ingots?
Yes. The United Kingdom exported alloy steel ingots worth $43.0 million in 2024, mainly to Italy, Netherlands, India.
What is the HS code for alloy steel ingots?
Alloy steel ingots falls under HS heading 7224 (Alloy steel in ingots or other primary forms, semi-finished products of other alloy steel). The six-digit codes under it split the product by type.
How can I find the companies trading alloy steel ingots with the United Kingdom?
These public statistics stop at country level. EximDataX has a direct customs feed for the United Kingdom with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Alloy steel ingots trade in other countries
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