Eastern Asia: Hot-Rolled Wire Rod Market 2020

Hot-Rolled Wire Rod Market Size in Eastern Asia

The revenue of the hot-rolled wire rod market in Eastern Asia amounted to $X in 2017, rising by X% against the previous year. The hot-rolled wire rod consumption continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. The level of hot-rolled wire rod consumption peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Hot-Rolled Wire Rod Production in Eastern Asia

In 2017, production of hot-rolled wire rod in Eastern Asia stood at X tons, reducing by -X% against the previous year. The hot-rolled wire rod production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when the output figure increased by X% against the previous year. In that year, the hot-rolled wire rod production attained their peak volume of X tons. From 2016 to 2017, growth of the hot-rolled wire rod production stood at a somewhat lower level.

Hot-Rolled Wire Rod Exports in Eastern Asia

The exports amounted to X tons in 2017, shrinking by -X% against the previous year. The hot-rolled wire rod exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, when exports increased by X% against the previous year. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, hot-rolled wire rod exports totaled $X in 2017. The hot-rolled wire rod exports continue to indicate a mild shrinkage. 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 Eastern Asia

Japan represented the major exporter of hot-rolled wire rod in Eastern Asia, with the volume of exports amounting to X tons, which was near X% of total exports in 2017. South Korea (X tons) took the second position in the ranking, distantly followed by Taiwan, Chinese (X tons). All these countries together took approx. X% share of total exports. China (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by South Korea (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest hot-rolled wire rod markets worldwide were Japan ($X), South Korea ($X) and Taiwan, Chinese ($X), together accounting for X% of total exports.

Among the main exporting countries , Japan (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced mixed trends in the exports figures.

Hot-Rolled Wire Rod Export Prices by Country in Eastern Asia

The hot-rolled wire rod export price in Eastern Asia stood at $X per ton in 2017, rising by X% against the previous year. The hot-rolled wire rod export price continues to indicate a slight decline. The pace of growth appeared the most rapid in 2017, when the export prices increased by X% y-o-y. The level of export price peaked of $X per ton in 2011; however, from 2012 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 China ($X per ton), while South Korea ($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 Eastern Asia

In 2017, hot-rolled wire rod imports in Eastern Asia stood at X tons, going down by -X% against the previous year. The hot-rolled wire rod imports continue to indicate an abrupt decline. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, hot-rolled wire rod imports stood at $X in 2017. The hot-rolled wire rod imports continue to indicate a drastic deduction. Over the period under review, the hot-rolled wire rod imports reached its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Hot-Rolled Wire Rod Imports by Country in Eastern Asia

In 2017, South Korea (X tons) was the major importer for hot-rolled wire rod, creating X% of total imports. It was distantly followed by Taiwan, Chinese (X tons), China (X tons) and Japan (X tons), together comprising X% share of total imports. China, Hong Kong SAR (X tons) occupied the minor 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 Taiwan, Chinese (-X% per year), while the other leaders experienced a decline in the imports figures.

In value terms, the largest hot-rolled wire rod markets worldwide were South Korea ($X), China ($X) and Taiwan, Chinese ($X), together comprising X% of total imports.

Among the main importing countries , China (-X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced a decline in the imports figures.

Hot-Rolled Wire Rod Import Prices by Country in Eastern Asia

The hot-rolled wire rod import price in Eastern Asia stood at $X per ton in 2017, increasing by X% against the previous year. The hot-rolled wire rod import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, an increase of X% year-to-year. Over the period under review, the import prices for hot-rolled wire rod attained its peak figure 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 import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X per ton), while China, Hong Kong SAR ($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 Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform