Stratum Market Research
Contact

Built Environment & RegulationGlobal marketUpdated

Global Steel modular building unit Market 2026: world trade, top exporters and key figures

World exports of steel modular building unit (HS 940620) reached $1.62 billion in 2024, 53% more than in 2022. China was the largest exporter with 18% of the world total, and Saudi Arabia was the largest buyer.

+53% since 2022

World exports were 53% higher in 2024 than in 2022 ($1.06 billion), calculated from the annual totals

18% of world exports

China was the largest exporter in 2024, with 18% of world exports ($294.8 million)

43% of world exports

The three largest exporters, China, Malaysia and the Czech Republic

What this market covers

Modular building units of steel.

Typical segments

  • Site offices
  • Accommodation units
  • Container style units
  • Modular classrooms
ChartWorld exports of HS 940620, USD million
World exports of HS 940620, USD million05001,0001,5002,0002022: 1,058 USD million1,05820222023: 1,259 USD million1,25920232024: 1,616 USD million1,6162024

Why this market is moving now

  • World trade grew 53% from 2022 to 2024, a direct read on cross-border demand.
  • Poland is gaining ground: its exports rose 78% from 2022 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.

FigureValueYearCite
World exports of steel modular building unit (HS 940620) were worth $1.62 billion in 2024.1.62 USD billion2024
World exports were 53% higher in 2024 than in 2022 ($1.06 billion), calculated from the annual totals.+53 % since 20222024
China was the largest exporter in 2024, with 18% of world exports ($294.8 million).18 % of world exports2024
The three largest exporters, China, Malaysia and the Czech Republic, shipped 43% of world exports in 2024.43 % of world exports2024
Saudi Arabia was the largest importer in 2024, buying $331.5 million, or 21% of world imports.21 % of world imports2024
52 countries exported more than $1 million of this product in 2024.52 countries2024
The average world export price was about $3.09 per kilogram in 2024, calculated from value and weight.3.09 USD per kg2024
Countries exported 522.7 thousand tonnes of this product in 2024.522.7 thousand tonnes2024
Among the ten largest exporters, Poland grew fastest, with exports up 78% from 2022 to 2024.+78 % since 20222024

Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.

Buyers and suppliers

Who buys

  • Contractors
  • Developers
  • Camp operators

Largest exporting countries, 2024

  1. China294.8 USD million
  2. Malaysia246.0 USD million
  3. Czech Republic155.1 USD million
  4. Slovenia99.8 USD million
  5. Croatia89.1 USD million
  6. Poland57.5 USD million
  7. United Arab Emirates53.5 USD million
  8. United States51.4 USD million
  9. Germany49.7 USD million
  10. Austria45.3 USD million

Largest importing countries, 2024

  1. Saudi Arabia331.5 USD million
  2. Germany169.0 USD million
  3. Singapore95.9 USD million
  4. United Kingdom87.8 USD million
  5. United States84.4 USD million
  6. Austria41.5 USD million
  7. Hong Kong40.8 USD million
  8. Switzerland38.4 USD million
  9. France37.8 USD million
  10. Canada37.0 USD million

What the full report covers

  1. 01Executive summary
    The answer in one page: size, direction and what moves it
  2. 02Market definition and scope
    What is in and out of the global market
  3. 03Global market size, 2021 to 2025
    Historical series and growth rates
  4. 04Countries and regions
    Demand, supply and trade by country and region
  5. 05Outlook to 2031
    Base, low and high scenarios with stated assumptions
  6. 06Rules, policy and deadlines
    Regulation and programmes that change demand
  7. 07Drivers and barriers
    What accelerates or slows adoption, by customer segment
  8. 08Prices, costs and margins
    Unit economics where public data allows
  9. 09Competitive landscape
    8 to 12 company profiles with recent moves
  10. 10Opportunities and risks
    For new entrants, suppliers and investors
  11. 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
Compare the editions

Frequently asked questions

How big is the global steel modular building unit market?

There is no single official market total. World exports of HS 940620 reached $1.62 billion in 2024, a direct measure of cross-border trade.

Which countries export the most steel modular building unit?

China led world exports in 2024 with 18% of the total, followed by Malaysia, the Czech Republic and Slovenia.

Which countries import the most steel modular building unit?

Saudi Arabia was the largest importer in 2024, followed by Germany, Singapore and the United Kingdom.

Is world trade in steel modular building unit growing?

World exports were 53% higher in 2024 than in 2022.

What is the average export price of steel modular building unit?

Dividing world export value by weight gives about $3.09 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
A market, a region or the decision you are making helps us pick the right chapters.

We use your details only to reply. See our privacy policy.

Full report $3,450Choose an edition