Asia: Cast Steel Pipe Fittings Market 2020

Cast Steel Pipe Fittings Market Size in Asia

The revenue of the cast steel pipe fittings market in Asia amounted to $X in 2017, picking up by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017, with an increase of X% against the previous year. In that year, the cast steel pipe fittings market attained their peak level, and is likely to continue its growth in the immediate term.

Cast Steel Pipe Fittings Production in Asia

In 2017, approx. X tons of tube or pipe fittings of cast steel were produced in Asia; going up by X% against the previous year. The cast steel pipe fittings production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when the output figure increased by X% against the previous year. The volume of cast steel pipe fittings production peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Cast Steel Pipe Fittings Exports in Asia

In 2017, approx. X tons of tube or pipe fittings of cast steel were exported in Asia; shrinking by -X% against the previous year. The total exports indicated a moderate growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010, when exports increased by X% year-to-year. Over the period under review, the cast steel pipe fittings exports reached its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, cast steel pipe fittings exports totaled $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Cast Steel Pipe Fittings Exports by Country in Asia

China dominates cast steel pipe fittings exports structure, finishing at X tons, which was approx. X% of total exports in 2017. Thailand (X tons), India (X tons), Singapore (X tons), Malaysia (X tons) and Taiwan, Chinese (X tons) occupied the minor share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Malaysia (+X%) and India (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Thailand (-X%), Taiwan, Chinese (-X%) and Singapore (-X%) illustrated a downward trend over the same period. While the share of India (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest cast steel pipe fittings supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of global exports. It was followed by India, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China totaled +X%. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and India (+X% per year).

Cast Steel Pipe Fittings Export Prices by Country in Asia

In 2017, the cast steel pipe fittings export price in Asia amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, when it surged by X% against the previous year. Over the period under review, the export prices for tube or pipe fittings of cast steel reached its maximum level of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

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 ($X per ton), while China ($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 Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Cast Steel Pipe Fittings Imports in Asia

In 2017, imports of tube or pipe fittings of cast steel in Asia totaled X tons, falling by -X% against the previous year. The cast steel pipe fittings imports continue to indicate a mild deduction. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. The volume of imports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, cast steel pipe fittings imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Cast Steel Pipe Fittings Imports by Country in Asia

South Korea (X tons) and China, Hong Kong SAR (X tons) represented roughly X% of total imports of tube or pipe fittings of cast steel in 2017. Turkey (X tons) occupied the second position in the ranking, followed by Singapore (X tons), Malaysia (X tons), Iran (X tons), Taiwan, Chinese (X tons), China (X tons) and the United Arab Emirates (X tons). All these countries together took near X% share of total imports. The following importers - Japan (X tons), Saudi Arabia (X tons) and Bangladesh (X tons) each recorded a X% share of total imports.

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

In value terms, South Korea ($X), Japan ($X) and Turkey ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. China, Hong Kong SAR, Singapore, China, Malaysia, the United Arab Emirates, Saudi Arabia, Iran, Taiwan, Chinese and Bangladesh lagged somewhat behind, together comprising a further X%.

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

Cast Steel Pipe Fittings Import Prices by Country in Asia

The cast steel pipe fittings import price in Asia stood at $X per ton in 2017, coming up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the import prices increased by X% against the previous year. Over the period under review, the import prices for tube or pipe fittings of cast steel attained its peak figure 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 import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per ton), while Bangladesh ($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 Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform