Asia: Welded Sections Market 2020

Welded Sections Market Size in Asia

The revenue of the welded sections market in Asia amounted to $X in 2017, picking up by X% against the previous year. The welded sections consumption continues to indicate a slight expansion. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. The level of welded sections consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Welded Sections Production in Asia

In 2017, welded sections production in Asia amounted to X tons, reducing by -X% against the previous year. The welded sections production continues to indicate a deep deduction. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, the welded sections production reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Welded Sections Exports in Asia

The exports stood at X tons in 2017, lowering by -X% against the previous year. The welded sections exports continue to indicate a deep drop. The pace of growth appeared the most rapid in 2011, when it surged by X% year-to-year. Over the period under review, the welded sections exports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, welded sections exports amounted to $X in 2017. The welded sections exports continue to indicate a deep contraction. In that year, the welded sections exports reached their peak level of $X. From 2012 to 2017, growth of the welded sections exports stood at a somewhat lower level.

Welded Sections Exports by Country in Asia

In 2017, China (X tons), distantly followed by Japan (X tons), South Korea (X tons), the Philippines (X tons), the United Arab Emirates (X tons) and Turkey (X tons) were the key exporters of welded sections, together committing X% of total exports. The following exporters - Saudi Arabia (X tons), Singapore (X tons), India (X tons), Taiwan, Chinese (X tons), Palestine (X tons) and Kuwait (X tons) together made up X% of total exports.

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

In value terms, China ($X), South Korea ($X) and Japan ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports. The Philippines, Turkey, India, the United Arab Emirates, Singapore, Taiwan, Chinese, Palestine, Saudi Arabia and Kuwait lagged somewhat behind, together accounting for a further X%.

The Philippines (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Welded Sections Export Prices by Country in Asia

The welded sections export price in Asia stood at $X per ton in 2017, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, an increase of X% y-o-y. In that year, the export prices for welded sections attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was India ($X per ton), while Kuwait ($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 Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Welded Sections Imports in Asia

In 2017, approx. X tons of welded sections were imported in Asia; falling by -X% against the previous year. The welded sections imports continue to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, welded sections imports totaled $X in 2017. The welded sections imports continue to indicate an abrupt drop. The level of imports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Welded Sections Imports by Country in Asia

In 2017, China (X tons), Saudi Arabia (X tons) and South Korea (X tons) were the main importers of welded sections in Asia, committing X% of total import. Qatar (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by the United Arab Emirates (X%). Kuwait (X tons), India (X tons), Israel (X tons), Indonesia (X tons), Japan (X tons), Myanmar (X tons) and Singapore (X tons) followed a long way behind the leaders.

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

In value terms, Saudi Arabia ($X), China ($X) and Qatar ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by South Korea, Israel, Kuwait, the United Arab Emirates, India, Japan, Singapore, Indonesia and Myanmar, which together accounted for a further X%.

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

Welded Sections Import Prices by Country in Asia

The welded sections import price in Asia stood at $X per ton in 2017, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, an increase of X% y-o-y. Over the period under review, the import prices for welded sections reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Israel ($X per ton), while Myanmar ($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 Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform