Asia: Non-Alloy Steel Ingot Market 2020

Non-Alloy Steel Ingot Market Size in Asia

The revenue of the non-alloy steel ingot market in Asia amounted to $X in 2017, growing by X% against the previous year. The non-alloy steel ingot consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. The level of non-alloy steel ingot consumption peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Non-Alloy Steel Ingot Production in Asia

In 2017, non-alloy steel ingot production in Asia amounted to X tons, coming down by -X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. In that year, the non-alloy steel ingot production attained their peak volume of X tons. From 2016 to 2017, growth of the non-alloy steel ingot production failed to regain its momentum.

Non-Alloy Steel Ingot Exports in Asia

In 2017, approx. X tons of ingots of non-alloy steel were exported in Asia; shrinking by -X% against the previous year. The non-alloy steel ingot exports continue to indicate an abrupt drop. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. Over the period under review, the non-alloy steel ingot exports reached its maximum volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, non-alloy steel ingot exports totaled $X in 2017. The non-alloy steel ingot exports continue to indicate a drastic reduction. Over the period under review, the non-alloy steel ingot exports reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Non-Alloy Steel Ingot Exports by Country in Asia

Japan was the main exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Iran (X tons), South Korea (X tons), India (X tons), Vietnam (X tons), Malaysia (X tons) and Kazakhstan (X tons), together comprising X% share of total exports.

Exports from Japan decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Iran (+X%), South Korea (+X%), India (+X%) and Vietnam (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Kazakhstan (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Japan, Malaysia and Kazakhstan increased by X%, X% and X% percentage points, while India (-X%), South Korea (-X%) and Iran (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest non-alloy steel ingot supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Iran ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

In Japan, non-alloy steel ingot exports declined by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Iran (+X% per year) and South Korea (+X% per year).

Non-Alloy Steel Ingot Export Prices by Country in Asia

In 2017, the non-alloy steel ingot export price in Asia amounted to $X per ton, rising by X% against the previous year. The non-alloy steel ingot export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. In that year, the export prices for ingots of non-alloy steel attained their peak level of $X per ton. From 2009 to 2017, growth of the export prices for ingots of non-alloy steel failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Malaysia ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Non-Alloy Steel Ingot Imports in Asia

The imports stood at X tons in 2017, rising by X% against the previous year. The non-alloy steel ingot imports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. Over the period under review, the non-alloy steel ingot imports attained its peak figure volume of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, non-alloy steel ingot imports stood at $X in 2017. The non-alloy steel ingot imports continue to indicate a drastic downturn. Over the period under review, the non-alloy steel ingot imports attained its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Non-Alloy Steel Ingot Imports by Country in Asia

Taiwan, Chinese (X tons), Turkey (X tons), Indonesia (X tons) and Iran (X tons) represented roughly X% of total imports of ingots of non-alloy steel in 2017. It was distantly followed by South Korea (X tons), constituting X% share of total imports. Nepal (X tons), Thailand (X tons), Sri Lanka (X tons), Bangladesh (X tons), Saudi Arabia (X tons), Jordan (X tons) and India (X tons) took the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nepal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Indonesia ($X) and Taiwan, Chinese ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. Iran, South Korea, Nepal, Saudi Arabia, Thailand, Sri Lanka, Bangladesh, Jordan and India lagged somewhat behind, together comprising a further X%.

Nepal (+X% per year) experienced the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Non-Alloy Steel Ingot Import Prices by Country in Asia

In 2017, the non-alloy steel ingot import price in Asia amounted to $X per ton, jumping by X% against the previous year. The non-alloy steel ingot import price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2017, an increase of X% against the previous year. Over the period under review, the import prices for ingots of non-alloy steel reached its peak figure level of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Saudi Arabia ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform