Report Update: Jan 1, 2025

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

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Non-Alloy Steel U-Section Prices in China

China Non-Alloy Steel U-Section Export Price in September 2022

In September 2022, the non-alloy steel u-section price stood at $1,374 per ton (FOB, China), reducing by -14.9% against the previous month. Overall, the export price continues to indicate a pronounced decline. The growth pace was the most rapid in June 2022 an increase of 18% m-o-m. As a result, the export price reached the peak level of $1,993 per ton. From July 2022 to September 2022, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was the Philippines ($4,452 per ton), while the average price for exports to South Korea ($557 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.

China Non-Alloy Steel U-Section Exports

After two months of growth, shipments abroad of u-sections of non-alloy steel decreased by -18.8% to 21K tons in September 2022. Overall, exports, however, showed a modest expansion. The pace of growth appeared the most rapid in May 2022 when exports increased by 100% against the previous month. As a result, the exports attained the peak of 33K tons. From June 2022 to September 2022, the growth of the exports failed to regain momentum.

In value terms, non-alloy steel u-section exports reduced notably to $29M (IndexBox estimates) in September 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2022 when exports increased by 103% m-o-m. As a result, the exports attained the peak of $56M. From June 2022 to September 2022, the growth of the exports remained at a lower figure.

China Non-Alloy Steel U-Section Exports by Country

Malaysia (4.2K tons), the Philippines (3.2K tons) and the United Arab Emirates (2.2K tons) were the main destinations of non-alloy steel u-section exports from China, with a combined 46% share of total exports. South Korea, Kenya, Nigeria, Saudi Arabia, Indonesia, Vietnam, Hong Kong SAR, Myanmar, Tanzania and Congo lagged somewhat behind, together comprising a further 40%.

From January 2022 to September 2022, the biggest increases were in Kenya (with a CAGR of +80.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($14M) remains the key foreign market for non-alloy steel u-section exports from China, comprising 50% of total exports. The second position in the ranking was taken by Malaysia ($3M), with a 10% share of total exports. It was followed by the United Arab Emirates, with a 5% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value to the Philippines amounted to -2.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Malaysia (+5.1% per month) and the United Arab Emirates (+18.7% per month).

Source: IndexBox Market Intelligence Platform

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

Country coverage:

China

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
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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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024