HS6 Product Import Market

ESP imports of Iron or non-alloy steel: ingots (excluding iron of heading no. 7203) (HS 720610)

A complete buyer-market view for HS 720610, covering reported demand, import growth, supplier countries, market concentration, trade routes, and historical context.

Importer ESPHS6 720610Latest year 2024

Latest imports

$16.1MReported value

Three-year growth

-2.2%Annualized change

Supplier countries

11Latest reported count

Market concentration

4868.72HHI indicator

Market evidence

How large is the ESP HS 720610 market?

This profile combines the buyer market's reported size and growth with supplier and route observations for Iron or non-alloy steel: ingots (excluding iron of heading no. 7203).

MeasureReported valueWhat it indicates
Latest imports$16.1MImport value in the latest available year
Three-year annualized growth-2.2%Change in reported import value
Three-year average imports$19.4MAverage reported annual import value
Supplier countries11Distinct suppliers reported in the latest period
Market concentration4868.72HHI indicator based on supplier shares
Demand momentumStable demandDirection reported for this market

Supplier evidence

Who supplies ESP?

Leading supplier routes for this product and importing country, ranked by latest reported trade value.

SupplierRoute tradeThree-year growthMarket shareTrendAttention
ITA$9.9M-16.6%61.4%Rapid declineHigh attention
LTU$5.3M+5975.6%33.1%Rapid growthHigh attention
RUS$1.3MNot reported32.5%Insufficient historyHigh attention
IRN$592.6K+213.8%8.8%Rapid growthWatch
ROU$378.9KNot reported1.7%Insufficient historyWatch
GBR$267.7K+546.3%1.7%Rapid growthWatch
CZE$238.9K-53.7%1.3%Rapid declineWatch
AUT$234.4K+68.3%1.5%Rapid growthWatch
HRV$131.9KNot reported0.9%Insufficient historyWatch
CHN$119.1K+680.6%0.7%Rapid growthWatch
POL$107.1K-28.6%0.6%Rapid declineWatch
NLD$96.3K+235.0%0.6%Rapid growthWatch
FRA$81.1K+8.9%0.5%GrowingWatch
PRT$71.0K+19.2%0.4%Rapid growthWatch
VEN$63.3KNot reported0.3%Insufficient historyWatch
SWE$52.3K+386.1%0.4%Rapid growthWatch
ZAF$32.6K+74.8%0.1%Rapid growthWatch
TZA$27.9KNot reported0.7%Insufficient historyWatch
AUS$27.6KNot reported0.2%Insufficient historyWatch
UKR$18.5K-47.7%0.1%Rapid declineWatch
SAU$5.0KNot reported0.4%Insufficient historyWatch
TGO$3.4KNot reported0.5%Insufficient historyWatch

Market reading

What does this buyer market show?

ESP reported imports of iron or non-alloy steel: ingots (excluding iron of heading no. 7203) at $16.1M in the latest available observation, with three-year annualized change of -2.2%.

How to use this view

Compare supplier scale, market share, and growth together. A large supplier is not automatically a growing supplier, and a growing market does not guarantee commercial access.

Interpretation

How to assess this buyer market

Start with the size of reported imports, then compare the pace of change with supplier breadth. A concentrated market may be harder to enter but can reveal established supply relationships; a broad supplier base may offer more room for differentiated positioning.

Compare the route, not only the country

Supplier totals describe the market at country level. Route evidence can reveal which exporter-to-importer relationships account for the observed value and where supplier activity is changing.

Product classification

What does HS 720610 include?

HS 720610 covers Iron or non-alloy steel: ingots (excluding iron of heading no. 7203). This page describes the six-digit Harmonized System classification and reported merchandise imports, not company-level sales or individual shipments.

The classification belongs to HS chapter 72 and heading 7206. Use the code when comparing this market with related product classifications.

How to interpret this market

Compare demand, suppliers, and routes together

ESP's reported imports of iron or non-alloy steel: ingots (excluding iron of heading no. 7203) show the size of the buyer market. Supplier breadth and concentration add context, while route-level observations show which exporter-to-importer relationships account for the reported value.

A growing market does not guarantee commercial access, and a large supplier is not automatically the fastest-growing supplier. Read the current value together with the historical coverage, supplier share, and trend indicators.

Source and date

Reported merchandise-trade observations for HS6 720610. Coverage shown on this page: 1995-2024.

Definitions

Market share and growth are calculated from reported values where available. “Not reported” means the value was unavailable for this view.