Asia: Metal Reel Market 2020

Metal Reel Market Size in Asia

The revenue of the metal reel market in Asia amounted to $X in 2017, coming up by X% against the previous year. The total market indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal reel consumption decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. The level of metal reel consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Metal Reel Production in Asia

In 2017, approx. X tons of iron or steel reels were produced in Asia; going up 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 relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2015, with an increase of X% against the previous year. The volume of metal reel production peaked in 2017, and is expected to retain its growth in the near future.

Metal Reel Exports in Asia

In 2017, approx. X tons of iron or steel reels were exported in Asia; approximately equating the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2015, with an increase of X% year-to-year. Over the period under review, the metal reel exports attained its peak figure volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, metal reel exports amounted to $X in 2017. The total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal reel exports increased by +X% against 2014 indices. Over the period under review, the metal reel exports reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Metal Reel Exports by Country in Asia

China represented the major exporter of iron or steel reels in Asia, with the volume of exports recording X tons, which was approx. X% of total exports in 2017. Turkey (X tons) held the second position in the ranking, followed by Thailand (X tons) and India (X tons). All these countries together took near X% share of total exports. Taiwan, Chinese (X tons), Malaysia (X tons), South Korea (X tons) and Singapore (X tons) occupied the slight share of total exports.

From 2007 to 2017, average annual rates of growth with regard to metal reel exports from China stood at +X%. At the same time, Turkey (+X%), India (+X%), Thailand (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. Malaysia experienced a relatively flat trend pattern. By contrast, Taiwan, Chinese (-X%) and South Korea (-X%) illustrated a downward trend over the same period. While the share of South Korea (X%) and Taiwan, Chinese (X%) increased significantly in terms of the global exports from 2007-2017, the share of India (-X%), Thailand (-X%), China (-X%) and Turkey (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal reel supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of global exports. It was followed by Taiwan, Chinese, with a X% share.

In China, metal reel exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and Taiwan, Chinese (-X% per year).

Metal Reel Export Prices by Country in Asia

In 2017, the metal reel export price in Asia amounted to $X per ton, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the export prices increased by X% year-to-year. Over the period under review, the export prices for iron or steel reels reached its maximum level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Taiwan, Chinese ($X per ton), while Turkey ($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 South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Reel Imports in Asia

In 2017, metal reel imports in Asia totaled X tons, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2008, with an increase of X% y-o-y. Over the period under review, the metal reel imports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, metal reel imports stood at $X in 2017. The total imports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the metal reel imports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Metal Reel Imports by Country in Asia

Thailand represented the largest importer of iron or steel reels in Asia, with the volume of imports recording X tons, which was near X% of total imports in 2017. South Korea (X tons) ranks second in terms of the global imports with a X% share, followed by Japan (X%) and the Philippines (X%). China, Hong Kong SAR (X tons), Turkey (X tons), Malaysia (X tons), China (X tons), India (X tons), the United Arab Emirates (X tons), Singapore (X tons) and Vietnam (X tons) took the weak share of total imports.

From 2007 to 2017, average annual rates of growth with regard to metal reel imports into Thailand stood at +X%. At the same time, the Philippines (+X%), Turkey (+X%), Vietnam (+X%), India (+X%), South Korea (+X%), the United Arab Emirates (+X%), China, Hong Kong SAR (+X%), Singapore (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China and Japan increased by X% and X% percentage points, while Turkey (-X%), South Korea (-X%), the Philippines (-X%) and Thailand (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported iron or steel reels in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In Thailand, metal reel imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Japan (+X% per year).

Metal Reel Import Prices by Country in Asia

In 2017, the metal reel import price in Asia amounted to $X per ton, falling by -X% against the previous year. The metal reel import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, an increase of X% against the previous year. In that year, the import prices for iron or steel reels reached their peak level of $X per ton. From 2014 to 2017, growth of the import prices for iron or steel reels stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was India ($X per ton), while the Philippines ($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 the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform