Report Update: Nov 1, 2024

China - Angles, Shapes And Sections Of Stainless Steel Or Other Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Stainless Steel Angle Prices in China

China Stainless Steel Angle Export Price in September 2022

In September 2022, the stainless steel angle price stood at $1,832 per ton (FOB, China), with an increase of 9.2% against the previous month. Overall, the export price enjoyed a temperate expansion. The most prominent rate of growth was recorded in March 2022 when the average export price increased by 137% against the previous month. Over the period under review, the average export prices hit record highs at $3,265 per ton in July 2022; however, from August 2022 to September 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was the Philippines ($5,051 per ton), while the average price for exports to Lao People's Democratic Republic ($766 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 Indonesia (+15.7%), while the prices for the other major destinations experienced mixed trend patterns.

China Stainless Steel Angle Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was steel, stainless ($4,361 per ton), while the average price for exports of steel, alloy; angles, shapes and sections totaled $914 per ton.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: steel, stainless; angles, shapes and sections (+1.3%).

China Stainless Steel Angle Exports

In September 2022, stainless steel angle exports from China contracted markedly to 10K tons, dropping by -41.2% on the previous month's figure. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in August 2022 with an increase of 116% m-o-m. Over the period under review, the exports reached the peak figure at 21K tons in February 2022; however, from March 2022 to September 2022, the exports failed to regain momentum.

In value terms, stainless steel angle exports fell markedly to $19M (IndexBox estimates) in September 2022. Overall, exports showed a pronounced contraction. The most prominent rate of growth was recorded in May 2022 with an increase of 76% against the previous month. The exports peaked at 29K tons in August 2022, and then declined markedly in the following month.

China Stainless Steel Angle Exports by Type

Steel, alloy; angles, shapes and sections (7.4K tons) was the largest type of stainless steel angle exported from China, with a 73% share of total exports. Moreover, steel, alloy; angles, shapes and sections exceeded the volume of the second product type, steel, stainless (2.7K tons), threefold.

From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of export of steel, alloy; angles, shapes and sections totaled -8.4%.

In value terms, steel, stainless ($12M) and steel, alloy; angles, shapes and sections ($6.8M) appeared to be the most exported types of angles, shapes and sections of stainless steel or other alloy steel from China worldwide.

In terms of the main product categories, steel, stainless; angles, shapes and sections, with a CAGR of +0.2%, saw the highest growth rate of the value of exports, over the period under review.

China Stainless Steel Angle Exports by Country

South Korea (3.6K tons) was the main destination for stainless steel angle exports from China, with a 36% share of total exports. Moreover, stainless steel angle exports to South Korea exceeded the volume sent to the second major destination, Vietnam (1.3K tons), threefold. Myanmar (1K tons) ranked third in terms of total exports with a 10% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of volume to South Korea totaled +4.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Vietnam (+2.3% per month) and Myanmar (+37.0% per month).

In value terms, South Korea ($4.7M) emerged as the key foreign market for stainless steel angle exports from China, comprising 25% of total exports. The second position in the ranking was held by the Philippines ($1.4M), with a 7.5% share of total exports. It was followed by Vietnam, with a 7.5% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value to South Korea amounted to +1.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Philippines (+12.3% per month) and Vietnam (+1.5% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the stainless steel angle 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 24107200 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of stainless steel
Prodcom 24107300 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of other alloy steel
Prodcom 24312050 - Sections, of alloy steel other than stainless, cold-finished or cold-formed (e.g. by cold-drawing)
Prodcom 24331200 - Cold-formed sections, obtained from flat products, of stainless 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:

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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
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How to increase your profit margins
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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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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
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