Eastern Asia: Non-Alloy Steel Ingot Market 2020

Non-Alloy Steel Ingot Market Size in Eastern Asia

The revenue of the non-alloy steel ingot market in Eastern Asia amounted to $X in 2017, rising 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 2009, when it surged by X% against the previous year. In that year, the non-alloy steel ingot market attained their peak level of $X. From 2010 to 2017, growth of the non-alloy steel ingot market failed to regain its momentum.

Non-Alloy Steel Ingot Production in Eastern Asia

The non-alloy steel ingot production amounted to X tons in 2017, lowering by -X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2012, when the output figure increased by X% y-o-y. The volume of non-alloy steel ingot production peaked of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Non-Alloy Steel Ingot Exports in Eastern Asia

The exports stood at X tons in 2017, falling by -X% against the previous year. The non-alloy steel ingot exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. Over the period under review, the non-alloy steel ingot exports reached its maximum volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, non-alloy steel ingot exports amounted to $X in 2017. The non-alloy steel ingot exports continue to indicate a deep setback. Over the period under review, the non-alloy steel ingot exports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Non-Alloy Steel Ingot Exports by Country in Eastern Asia

Japan was the major exporting country with an export of about X tons, which resulted at X% of total exports. South Korea (X tons) ranks second in terms of the global exports with a X% share, followed by Taiwan, Chinese (X%).

Exports from Japan decreased at an average annual rate of -X% from 2007 to 2017. At the same time, South Korea (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. Japan (X%) significantly strengthened its position in terms of the global exports, while South Korea saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Japan, non-alloy steel ingot exports plunged by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Taiwan, Chinese (+X% per year).

Non-Alloy Steel Ingot Export Prices by Country in Eastern Asia

The non-alloy steel ingot export price in Eastern Asia stood at $X per ton in 2017, going up by X% against the previous year. The non-alloy steel ingot export price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2008, when the export prices increased by X% year-to-year. 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.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Taiwan, Chinese ($X per ton) and South Korea ($X per ton), while Japan ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (-X% per year), while the other leaders experienced a decline in the export price figures.

Non-Alloy Steel Ingot Imports in Eastern Asia

In 2017, non-alloy steel ingot imports in Eastern Asia stood at X tons, increasing by X% against the previous year. The non-alloy steel ingot imports continue to indicate a deep decrease. The pace of growth was the most pronounced in 2014, with an increase of X% y-o-y. Over the period under review, the non-alloy steel ingot imports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, non-alloy steel ingot imports amounted to $X in 2017. The non-alloy steel ingot imports continue to indicate a deep reduction. 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 stood at a somewhat lower level.

Non-Alloy Steel Ingot Imports by Country in Eastern Asia

In 2017, Taiwan, Chinese (X tons) was the main importer for ingots of non-alloy steel, making up X% of total imports. It was distantly followed by South Korea (X tons), comprising X% share of total imports. China (X tons) followed a long way behind the leaders.

Taiwan, Chinese experienced a relatively flat trend pattern of ingots of non-alloy steel imports. South Korea (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of South Korea and China increased by X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Taiwan, Chinese ($X) constitutes the largest market for imported ingots of non-alloy steel in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by China, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Taiwan, Chinese stood at -X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and China (-X% per year).

Non-Alloy Steel Ingot Import Prices by Country in Eastern Asia

In 2017, the non-alloy steel ingot import price in Eastern Asia amounted to $X per ton, growing by X% against the previous year. The non-alloy steel ingot import price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2017, when the import prices increased by X% against the previous year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in South Korea ($X per ton) and Taiwan, Chinese ($X per ton), while China ($X per ton) and Taiwan, Chinese ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform