# Of Stainless Steel buyer markets and demand | HS 720421...

India is the largest reported buyer market in this view, with imports of $1.4B.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| India | $1.4B | +0.1% | 121 | USA |
| Belgium | $1.4B | +8.9% | 41 | Germany |
| Finland | $839.6M | +5.1% | 11 | Germany |
| Italy | $640.9M | +9.8% | 50 | Germany |
| Netherlands | $468.8M | +2.1% | 101 | Germany |
| Republic of Korea | $418.4M | +9.1% | 35 | Japan |
| Germany | $401.0M | +2.6% | 83 | Austria |
| Spain | $278.8M | -5.3% | 69 | Netherlands |
| USA | $260.5M | +7.1% | 54 | Canada |
| Taiwan | $234.8M | -12.2% | 37 | Japan |
| Slovenia | $141.9M | +5.2% | 24 | Germany |
| Sweden | $139.9M | +1.1% | 31 | Germany |
| China | $96.2M | +2.9% | 54 | Japan |
| Japan | $72.3M | -1.8% | 34 | Republic of Korea |
| Thailand | $72.2M | +5.6% | 57 | China, Hong Kong Special Administrative Region |
| France | $66.1M | -4.2% | 32 | Italy |
| United Kingdom | $64.9M | +1.5% | 45 | Ireland |
| Austria | $55.1M | +7.7% | 27 | Romania |
| Canada | $46.7M | +19.2% | 20 | USA |
| Estonia | $41.3M | +3.2% | 20 | Finland |
| Poland | $35.9M | +3.5% | 34 | Germany |
| Luxembourg | $34.7M | -15.8% | 9 | France |
| Lithuania | $31.2M | +16.3% | 25 | Kazakhstan |
| Malaysia | $28.9M | +8.2% | 36 | Singapore |
| China, Hong Kong Special Administrative Region | $22.7M | +14.7% | 20 | USA |
| Turkey | $21.5M | +21.7% | 22 | United Kingdom |
| Latvia | $17.3M | +9.4% | 21 | Kazakhstan |
| Russia | $16.5M | +46.7% | 4 | Kazakhstan |
| Denmark | $16.1M | +6.9% | 20 | Sweden |
| Czechia | $14.5M | +8.4% | 16 | Slovakia |
| Pakistan | $14.5M | -34.2% | 32 | USA |
| Singapore | $12.1M | -11.4% | 28 | Indonesia |
| United Arab Emirates | $8.6M | -5% | 31 | China |
| Mexico | $8.5M | +31.6% | 16 | USA |
| Greece | $7.7M | +93.2% | 8 | Israel |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| India | 2023 | $2.0B | $1,474.86 |
| Belgium | 2023 | $1.2B | $1,580.96 |
| Finland | 2023 | $1.1B | $1,703.78 |
| Italy | 2023 | $611.7M | $1,656.12 |
| Other Asia, nes | 2023 | $402.1M | $1,514.38 |
| Germany | 2023 | $398.0M | $1,521.1 |
| Republic of Korea | 2023 | $393.8M | $1,576.77 |
| Spain | 2023 | $391.6M | $1,789.92 |
| Netherlands | 2023 | $353.9M | $1,509.36 |
| China | 2023 | $347.4M | $1,198.34 |
| USA | 2023 | $245.1M | $1,191.72 |
| Sweden | 2023 | $169.0M | $1,950.48 |
| Slovenia | 2023 | $121.3M | $1,465.73 |
| United Kingdom | 2023 | $118.0M | $1,407.98 |
| Thailand | 2023 | $92.3M | $1,019.93 |
| Japan | 2023 | $68.5M | $2,367.8 |
| Austria | 2023 | $67.7M | $1,645.62 |
| France | 2023 | $60.9M | $968.16 |
| Canada | 2023 | $38.5M | $1,376.34 |
| Estonia | 2023 | $37.2M | $2,021.97 |

_Source: reported merchandise trade data. Updated 2026-08-14._