China was the largest exporter with 48% of the world total, and Indonesia was the largest buyer.
What this market covers
Metallurgical equipment covers furnaces, converters, casting machines and rolling mills used to melt, cast and shape metals. Steel mills, aluminium smelters and foundries buy it.
Typical segments
- Casting machines
- Rolling mills
- Furnaces and converters
- Ladles and ingot moulds
- Heat treatment lines
Why this market is moving now
- World trade grew 17% from 2019 to 2024, a direct read on cross-border demand.
- Poland is gaining ground: its exports rose 138% from 2019 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.
| Figure | Value | Year | Cite |
|---|---|---|---|
| World exports of ingot moulds and ladles, of a kind used in metallurgy or in metal foundries (HS 845420), the trade category that includes metallurgical equipment, were worth $323.4 million in 2024. | 323.4 USD million | 2024 | |
| World exports were 17% higher in 2024 than in 2019 ($275.6 million), calculated from the annual totals. | +17 % since 2019 | 2024 | |
| China was the largest exporter in 2024, with 48% of world exports ($154.9 million). | 48 % of world exports | 2024 | |
| The three largest exporters, China, Poland and Germany, shipped 65% of world exports in 2024. | 65 % of world exports | 2024 | |
| Indonesia was the largest importer in 2024, buying $94.5 million, or 29% of world imports. | 29 % of world imports | 2024 | |
| 18 countries exported more than $1 million of this product in 2024. | 18 countries | 2024 | |
| The average world export price was about $1.93 per kilogram in 2024, calculated from value and weight. | 1.93 USD per kg | 2024 | |
| Countries exported 167.6 thousand tonnes of this product in 2024. | 167.6 thousand tonnes | 2024 | |
| Among the ten largest exporters, Poland grew fastest, with exports up 138% from 2019 to 2024. | +138 % since 2019 | 2024 |
Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.
Buyers and suppliers
Who buys
- Steel producers
- Aluminium smelters
- Foundries
Largest exporting countries, 2024
Largest importing countries, 2024
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the global market - 03Global market size, 2021 to 2025
Historical series and growth rates - 04Countries and regions
Demand, supply and trade by country and region - 05Outlook to 2031
Base, low and high scenarios with stated assumptions - 06Rules, policy and deadlines
Regulation and programmes that change demand - 07Drivers and barriers
What accelerates or slows adoption, by customer segment - 08Prices, costs and margins
Unit economics where public data allows - 09Competitive landscape
8 to 12 company profiles with recent moves - 10Opportunities and risks
For new entrants, suppliers and investors - 11Method and assumptions
How every figure was built
Included with the full report
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- Excel data pack
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- Method note and assumptions
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Frequently asked questions
How big is the global metallurgical equipment market?
There is no single official market total. World exports of HS 845420 reached $323.4 million in 2024, a direct measure of cross-border trade.
Which countries export the most metallurgical equipment?
China led world exports in 2024 with 48% of the total, followed by Poland, Germany and South Africa.
Which countries import the most metallurgical equipment?
Indonesia was the largest importer in 2024, followed by France, the United States and Germany.
Is world trade in metallurgical equipment growing?
World exports were 17% higher in 2024 than in 2019.
What is the average export price of metallurgical equipment?
Dividing world export value by weight gives about $1.93 per kilogram in 2024.
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