Asia: Hot-Rolled Wire Rod Market 2020

Hot-Rolled Wire Rod Market Size in Asia

The revenue of the hot-rolled wire rod market in Asia amounted to $X in 2017, going up by X% against the previous year. The hot-rolled wire rod consumption continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the hot-rolled wire rod market attained its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Hot-Rolled Wire Rod Production in Asia

In 2017, the amount of hot-rolled wire rod produced in Asia stood at X tons, reducing by -X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. Over the period under review, the hot-rolled wire rod production attained its maximum volume of X tons in 2016, and then declined slightly in the following year.

Hot-Rolled Wire Rod Exports in Asia

In 2017, exports of hot-rolled wire rod in Asia amounted to X tons, coming down by -X% against the previous year. The hot-rolled wire rod exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the hot-rolled wire rod exports attained its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, hot-rolled wire rod exports totaled $X in 2017. The hot-rolled wire rod exports continue to indicate a slight slump. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Hot-Rolled Wire Rod Exports by Country in Asia

Turkey (X tons) and Japan (X tons) represented roughly X% of total exports of hot-rolled wire rod in 2017. South Korea (X tons) ranks second in terms of the global exports with a X% share, followed by Taiwan, Chinese (X%) and India (X%). The following exporters - Vietnam (X tons) and China (X tons) each reached a X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Turkey ($X) and South Korea ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports.

In terms of the main exporting countries , Turkey (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Hot-Rolled Wire Rod Export Prices by Country in Asia

In 2017, the hot-rolled wire rod export price in Asia amounted to $X per ton, going up by X% against the previous year. The hot-rolled wire rod export price continues to indicate a slight drop. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. In that year, the export prices for hot-rolled wire rod attained their peak level of $X per ton. From 2012 to 2017, growth of the export prices for hot-rolled wire rod stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was China ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Hot-Rolled Wire Rod Imports in Asia

In 2017, hot-rolled wire rod imports in Asia totaled X tons, going down by -X% against the previous year. The hot-rolled wire rod imports continue to indicate a significant deduction. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the hot-rolled wire rod imports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, hot-rolled wire rod imports stood at $X in 2017. The hot-rolled wire rod imports continue to indicate a drastic decline. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Hot-Rolled Wire Rod Imports by Country in Asia

South Korea (X tons), Saudi Arabia (X tons), Turkey (X tons), Israel (X tons), Singapore (X tons), Taiwan, Chinese (X tons), Vietnam (X tons), China (X tons), Malaysia (X tons), Thailand (X tons), Nepal (X tons) and Cambodia (X tons) represented roughly X% of total imports of hot-rolled wire rod in 2017.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), China ($X) and Israel ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Singapore, Turkey, Thailand, Taiwan, Chinese, Vietnam, Malaysia, Saudi Arabia, Nepal and Cambodia lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Saudi Arabia (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Hot-Rolled Wire Rod Import Prices by Country in Asia

The hot-rolled wire rod import price in Asia stood at $X per ton in 2017, growing by X% against the previous year. The hot-rolled wire rod import price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2008, when it surged 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.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform