Report Update: Nov 1, 2024

World - U-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights

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Non-alloy steel u-section market

Non-alloy steel u-section market: download the latest information enhanced by an Ai-driven market research platform. Data provide market size, exports, imports, consumption, market prices, production, trade, and companies. There is a breakdown by region, including Latin America, the U.K., Russia, Africa, EU, the U.S., the Middle East, and China. Market trends and forecast to 2030 are also featured in the reports.

Non-alloy Steel U-section - World's Largest Markets

Rating	Country
1	Brazil
2	China
3	India
4	Japan
5	United States

In value terms, Brazil, China and India appeared to be the countries with the highest levels of market value in 2021, with a combined 53% share of the global market.

Among the main consuming countries, Brazil (+146.4% per year) recorded the highest growth rate of market size, over the period under review, while non-alloy steel u-section market for the other global leaders experienced more modest paces of growth.

Non-Alloy Steel U-Section Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
China	669	542	2.3	-94.1%
Ukraine	572	569	694	10.1%
Japan	604	531	735	10.3%
Spain	594	541	848	19.5%
Poland	610	555	852	18.2%
Turkey	691	503	864	11.8%
Russia	631	573	871	17.5%
Italy	628	577	924	21.3%
Germany	790	700	987	11.8%
Pakistan	929	920	3482	93.6%
Average	650	584	403	-21.2%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Pakistan ($3,482 per ton), while China ($2.3 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+93.6% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
France	667	614	908	16.7%
Germany	611	558	871	19.4%
Poland	567	544	821	20.3%
Netherlands	654	602	807	11.1%
Russia	631	540	772	10.6%
Singapore	642	598	626	-1.3%
Malaysia	565	499	531	-3.1%
Brazil	786	677	143	-57.3%
Average	645	597	405	-20.8%

Prices varied noticeably by the country of destination; the country with the highest price was France ($908 per ton), while Brazil ($143 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.

Non-Alloy Steel U-Section - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
Brazil	0.01	0.006542291	0.4	511.5%
Germany	0.06	0.05	0.1	21.7%
France	0.06	0.05	0.08	19.2%
Russia	0.1	0.1	0.07	-27.2%
Netherlands	0.05	0.04	0.07	23.2%

In value terms, Brazil ($397M) constitutes the largest market for imported u-sections of non-alloy steel worldwide, comprising 20% of global imports. The second position in the ranking was occupied by Germany ($96M), with a 4.9% share of global imports. It was followed by France, with a 4.2% share.

In Brazil, non-alloy steel u-section imports increased at an average annual rate of +511.5% over the period from 2019-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+21.7% per year) and France (+19.2% per year).

Non-Alloy Steel U-Section - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
Pakistan	0.001245453	0.001318386	0.5	1977.1%
Spain	0.2	0.1	0.2	19.3%
Germany	0.1	0.1	0.2	12.7%
Poland	0.1	0.09	0.1	12.6%
Ukraine	0.1	0.08	0.1	-7.5%

In value terms, Pakistan ($537M) emerged as the largest non-alloy steel u-section supplier worldwide, comprising 28% of global exports. The second position in the ranking was occupied by Spain ($221M), with a 11% share of global exports. It was followed by Germany, with a 9% share.

From 2019 to 2021, the average annual growth rate of value in Pakistan amounted to +1,977.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (+19.3% per year) and Germany (+12.7% per year).

Non-Alloy Steel U-Section - Market Forecast

The non-alloy steel u-section market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -2.1% for the nine-year period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.

Non-Alloy Steel U-Section - Top Companies

Dongguan Dazhou Iron & Steel Co., Ltd., NIPPON STEEL & SUMITOMO METAL CORPORATION, Baoshan Iron & Steel Co., Ltd., Shougang Group Corporation, JFE STEEL CORPORATION, TATA STEEL LIMITED, Nucor Corporation, Hyundai Steel Company, KOBE STEEL, LTD., Hesteel Company Limited, Jiangsu Shagang Group Co., Ltd., Wugang Group Co., Ltd., Shandong Iron & Steel Group Co., Ltd., Jiuquan Iron And Steel (Group) Co., Ltd., Angang Steel Company Limited, United States Steel Corp, CHINA STEEL CORPORATION, Hunan Valin Iron & Steel Group Co., Ltd., Maanshan Iron & Steel Company Limited, Anshan Iron and Steel Group Co., Ltd.

Non-alloy Steel U-section - Product Coverage

HS 721631 - Iron or non-alloy steel; U sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global non-alloy steel u-section market. 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
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. 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. 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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023