Product intelligence · HS 845590 · 2024 data

Metal-rolling mills: parts thereof

Global exports of metal-rolling mills: parts thereof totalled $2,520,523,034 in 2024, a +2.8% change from the previous year. Traded by 133 countries across 2,287 bilateral corridors, with demand from 181 importing markets. The long-term trend is rapid growth.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$2.5B

+2.8% YoY

3Y / 5Y CAGR

+14.3%

5Y: +3.9%

Supply structure

Moderately concentrated

HHI 0.173

Volatility

Low

Score 14/100

1.

Market movement

In 2024, metal-rolling mills: parts thereof trade exhibited modest growth, with global flows reaching $2,520,523,034 and a three-year compound annual growth rate of +14.3% (five-year: +3.9%). The all-time peak of $3,588,174,219 was recorded in 2009; the current level is 30% below that high-water mark.

Over the 30-year observation window (19952024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+11.9% acceleration).

The World Trade Flows Characterization classifies metal-rolling mills: parts thereof as "Two-way vertical trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.173). The three largest exporters — China ($771.4M), Italy ($616.1M), and Germany ($266.3M) — collectively dominate supply flows. The leading exporter has grown at +30.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.074). The three largest import markets are United States ($557.7M), India ($242.6M), and Germany ($136.9M). The largest importing market sources from 56 different supplying countries.

Estimated substitution elasticity: -4.71. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Italy → United States at $168.8M, representing 30.3% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for metal-rolling mills: parts thereof is 14 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $3,588,174,219 in 2009. Currently 30% below peak.

YearGlobal trade (USD)YoY growth
2015$1,496,309,778-25.2%
2016$1,458,188,521-2.5%
2017$1,304,649,652-10.5%
2018$1,524,374,872+16.8%
2019$2,083,222,192+36.7%
2020$1,716,196,774-17.6%
2021$1,689,046,943-1.6%
2022$1,836,751,358+8.7%
2023$2,450,739,076+33.4%
2024$2,520,523,034+2.8%

Top exporting countries

Ranked by export value of metal-rolling mills: parts thereof in 2024.

View all 133 exporters →

Top importing markets

Largest import destinations for metal-rolling mills: parts thereof.

View all 181 markets →

Leading trade corridors

Largest bilateral export flows for metal-rolling mills: parts thereof, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1ItalyUnited States$168.8M+4.1%
2GermanyUnited States$101.2M+42.0%
3ChinaRussia$96.3M+75.5%
4ChinaIndia$89.6M+22.5%
5ItalyGermany$74.5M+60.6%
6ChinaUnited States$56.5M+10.4%
7ChinaIndonesia$55.3M+41.7%
8CanadaUnited States$53.5M+8.0%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.