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China - Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

China - Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights

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May 16, 2023

Bridge Price in China Rises Slightly to $2,046 per Ton

China Bridge Export Price in March 2023

In March 2023, the bridge price amounted to $2,046 per ton (FOB, China), picking up by 3.6% against the previous month. Over the period from March 2022 to March 2023, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 17% m-o-m. As a result, the export price attained the peak level of $2,135 per ton. From October 2022 to March 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Senegal ($3,334 per ton), while the average price for exports to Colombia ($939 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Bridge in China (USD per ton)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
Senegal1,2161,2411,357N/A7,0741,786N/A1,5111,1721,8721,6791,2153,334
Australia1,8902,0961,7152,3012,3071,6342,0371,6052,8992,8652,4083,4103,117
Philippines1,9551,9782,0501,8391,9281,7752,0962,6161,9322,6182,5951,4652,570
Malaysia1,9771,4151,6821,2651,3991,7291,3131,7061,6851,3811,8171,8001,751
Japan2,1871,9451,9841,6591,95913,8471,5252,1451,4842,1531,4431,7421,596
Bangladesh1,3731,6921,6591,2961,5331,7251,6701,8051,8931,1272,160N/A1,489
Pakistan1,4201,3501,5381,4301,1821,2901,5061,0811,6021,6411,3631,1111,462
Dominican RepublicN/A1,616N/A2,249N/A1,9055,0001,449N/AN/A1,4951,3871,399
Chile1,014N/A1,5351,4071,6491,4931,4811,6121,1881,0641,2281,1761,252
Uganda1,9221,3081,401N/A1,9501,451N/AN/A1,1581,2741,1741,1321,242
Uruguay1,0841,6341,2523,2413,242N/AN/AN/AN/A1,0391,129N/A1,086
Myanmar1,4281,3461,3551,4061,4681,0051,1861,3241,3608571,4561,2091,075
ColombiaN/A1,3641,5451,2301,1931,2741,0521,1268861,0019881,036939
Average1,7851,9501,8281,7941,7121,8292,1351,9591,8681,8942,0911,9752,046

China Bridge Export Prices by Type

Average prices varied somewhat for the major types of exported product. In March 2023, the product with the highest price was iron or steel bridges and bridge-sections ($2,652 per ton), while the average price for exports of iron or steel towers and lattice masts stood at $1,807 per ton.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for the following types: iron or steel bridges (+2.6%).

China Bridge Exports

In March 2023, overseas shipments of bridges, bridge sections, towers and lattice masts (of iron or steel) were finally on the rise to reach 44K tons after two months of decline. The total export volume increased at an average monthly rate of +1.6% over the period from March 2022 to March 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in November 2022 when exports increased by 48% month-to-month.

In value terms, bridge exports surged to $90M (IndexBox estimates) in March 2023. In general, total exports indicated moderate growth from March 2022 to March 2023: its value increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, exports decreased by -1.6% against January 2023 indices. The most prominent rate of growth was recorded in November 2022 with an increase of 41% m-o-m.

China Bridge Exports by Type

Iron or steel towers and lattice masts (32K tons) was the largest type of bridge exported from China, with a 72% share of total exports. Moreover, iron or steel towers and lattice masts exceeded the volume of the second product type, iron or steel bridges and bridge-sections (12K tons), threefold.

From March 2022 to March 2023, the average monthly growth rate of the volume of export of iron or steel towers and lattice masts amounted to +1.9%.

In value terms, the most traded types of bridges, bridge sections, towers and lattice masts (of iron or steel) in China were iron or steel towers and lattice masts ($57M) and iron or steel bridges and bridge-sections ($33M).

Iron or steel bridges, with a CAGR of +3.4%, recorded the highest growth rate of the value of exports, in terms of the main product categories over the period under review.

China Bridge Exports by Country

Uruguay (4.6K tons), Australia (4.2K tons) and the Philippines (3.1K tons) were the main destinations of bridge exports from China, together comprising 27% of total exports.

From March 2022 to March 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uruguay (with a CAGR of +44.7%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($13M), the Philippines ($8M) and Senegal ($5.6M) constituted the largest markets for bridge exported from China worldwide, together accounting for 30% of total exports. These countries were followed by Uruguay, Malaysia, Japan, Bangladesh, Myanmar, Pakistan, Chile, the Dominican Republic, Uganda and Colombia, which together accounted for a further 23%.

Uruguay, with a CAGR of +44.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bridge market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25112100 - Iron or steel bridges and bridge-sections
  • Prodcom 25112200 - Iron or steel towers and lattice masts

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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