What this market covers
Plain hot-rolled flat steel coils of heavy thickness that are pickled and have no relief patterns.
Typical segments
- Structural grade coil
- Pipe grade coil
- Pressure vessel coil
- Cut to length coil
Why this market is moving now
- World trade grew 15% from 2019 to 2024, a direct read on cross-border demand.
- Germany is gaining ground: its exports rose 50% from 2019 to 2024, the fastest among the ten largest exporters.
Key figures
Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.
| Figure | Value | Year | Cite |
|---|---|---|---|
| World exports of heavy pickled hot-rolled coil (HS 720825) were worth $1.23 billion in 2024. | 1.23 USD billion | 2024 | |
| World exports were 15% higher in 2024 than in 2019 ($1.08 billion), calculated from the annual totals. | +15 % since 2019 | 2024 | |
| Belgium was the largest exporter in 2024, with 13% of world exports ($164.9 million). | 13 % of world exports | 2024 | |
| The three largest exporters, Belgium, South Korea and Japan, shipped 35% of world exports in 2024. | 35 % of world exports | 2024 | |
| Germany was the largest importer in 2024, buying $222.5 million, or 18% of world imports. | 18 % of world imports | 2024 | |
| 33 countries exported more than $1 million of this product in 2024. | 33 countries | 2024 | |
| The average world export price was about $0.82 per kilogram in 2024, calculated from value and weight. | 0.82 USD per kg | 2024 | |
| Countries exported 1.51 million tonnes of this product in 2024. | 1.51 million tonnes | 2024 | |
| Among the ten largest exporters, Germany grew fastest, with exports up 50% from 2019 to 2024. | +50 % since 2019 | 2024 |
Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.
Buyers and suppliers
Who buys
- Pipe makers
- Fabricators
- Steel service centres
Largest exporting countries, 2024
Largest importing countries, 2024
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the global market - 03Global market size, 2021 to 2025
Historical series and growth rates - 04Countries and regions
Demand, supply and trade by country and region - 05Outlook to 2031
Base, low and high scenarios with stated assumptions - 06Rules, policy and deadlines
Regulation and programmes that change demand - 07Drivers and barriers
What accelerates or slows adoption, by customer segment - 08Prices, costs and margins
Unit economics where public data allows - 09Competitive landscape
8 to 12 company profiles with recent moves - 10Opportunities and risks
For new entrants, suppliers and investors - 11Method and assumptions
How every figure was built
Included with the full report
- PDF report, 40 to 60 pages
- Excel data pack
- Ready-to-use charts
- Method note and assumptions
- Written to order in 5 working days
Frequently asked questions
How big is the global heavy pickled hot-rolled coil market?
There is no single official market total. World exports of HS 720825 reached $1.23 billion in 2024, a direct measure of cross-border trade.
Which countries export the most heavy pickled hot-rolled coil?
Belgium led world exports in 2024 with 13% of the total, followed by South Korea, Japan and France.
Which countries import the most heavy pickled hot-rolled coil?
Germany was the largest importer in 2024, followed by Italy, Thailand and Mexico.
Is world trade in heavy pickled hot-rolled coil growing?
World exports were 15% higher in 2024 than in 2019.
What is the average export price of heavy pickled hot-rolled coil?
Dividing world export value by weight gives about $0.82 per kilogram in 2024.
Free sample
Get a free sample of this report
We send the table of contents, two sample chapters and the method note, usually within one working day. It is free to ask.
- Full table of contents
- Two sample chapters
- Method note and data outline