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Metallurgical converters and casting machines: top exporters and importers (2024)

In 2024, world trade in metallurgical converters and casting machines totaled $3.3 billion (480 thousand tonnes). The top exporters were China (36%), Italy (11%) and Japan (9%); the top importers were the United States (15%), India (13%) and Indonesia (7%). Compared with 2019, the value was stable.

Summary

World trade
$3.3billion
Tonnes
480thousand tonnes
Price per tonne
$6,797
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$1.2 billion · 35.6%
  2. Italy$355 million · 10.8%
  3. Japan$300 million · 9.1%
  4. Germany$292 million · 8.9%
  5. United States$188 million · 5.7%
  6. Switzerland$115 million · 3.5%
  7. Canada$111 million · 3.4%
  8. Austria$94 million · 2.9%
  9. Finland$68 million · 2.1%
  10. India$63 million · 1.9%
  11. Spain$53 million · 1.6%
  12. Poland$50 million · 1.5%
  13. Turkey$39 million · 1.2%
  14. Taiwan$38 million · 1.2%
  15. United Kingdom$36 million · 1.1%
  16. South Korea$33 million · 1%
  17. France$33 million · 1%
  18. Czechia$28 million · 0.83%
  19. Thailand$23 million · 0.68%
  20. Belgium$22 million · 0.67%
    re-exports

Top importers

  1. United States$490 million · 14.9%
  2. India$444 million · 13.4%
  3. Indonesia$229 million · 6.9%
  4. Mexico$159 million · 4.8%
  5. China$139 million · 4.2%
  6. Vietnam$138 million · 4.2%
  7. Germany$120 million · 3.6%
  8. Russia$118 million · 3.6%
  9. Canada$110 million · 3.3%
  10. South Korea$98 million · 3%
  11. Japan$83 million · 2.5%
  12. Turkey$72 million · 2.2%
  13. Italy$70 million · 2.1%
  14. Austria$59 million · 1.8%
  15. France$58 million · 1.8%
  16. Brazil$49 million · 1.5%
  17. Poland$43 million · 1.3%
  18. Malaysia$43 million · 1.3%
  19. Taiwan$42 million · 1.3%
  20. Spain$41 million · 1.2%

Trend

Who sells it

China has been the top exporter since 2017

Value in USD billions. The five largest exporters in 2024.

  • China 1.2
  • Italy 0.36
  • Japan 0.3
  • Germany 0.29
  • United States 0.19

Source: CEPII BACI

Show the numbers
Country19952024
China0.021.2
Italy0.210.36
Japan0.320.3
Germany0.370.29
United States0.130.19

Price

Implied price

The price per tonne fell 16% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $6,797

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$8,108
1996$8,527
1997$7,125
1998$6,182
1999$5,106
2000$6,976
2001$7,034
2002$8,139
2003$8,472
2004$9,558
2005$10,323
2006$10,095
2007$10,318
2008$10,897
2009$11,007
2010$11,325
2011$11,522
2012$11,197
2013$11,288
2014$10,955
2015$9,835
2016$8,677
2017$9,349
2018$8,329
2019$9,223
2020$8,818
2021$8,042
2022$6,954
2023$6,001
2024$6,797

What it includes

  • 8454 · Metallurgical converters and casting machines

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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