Report Eastern Asia - U-Sections of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Eastern Asia - U-Sections of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Eastern Asia: Non-Alloy Steel U-Section Market 2025

Non-Alloy Steel U-Section Market Size in Eastern Asia

The East Asian non-alloy steel u-section market totaled $X in 2022, remaining constant against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Non-Alloy Steel U-Section Production in Eastern Asia

In value terms, non-alloy steel u-section production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 28%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Non-Alloy Steel U-Section Exports

Exports in Eastern Asia

In 2022, shipments abroad of u-sections of non-alloy steel increased by 19% to X tons, rising for the second consecutive year after two years of decline. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.2% against 2020 indices. The growth pace was the most rapid in 2017 when exports increased by 28% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, non-alloy steel u-section exports soared to $X in 2022. Over the period under review, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 53% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

China was the largest exporter of u-sections of non-alloy steel in Eastern Asia, with the volume of exports reaching X tons, which was approx. 61% of total exports in 2022. Japan (X tons) took a 22% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (8.8%) and Taiwan (Chinese) (7.9%).

China was also the fastest-growing in terms of the u-sections of non-alloy steel exports, with a CAGR of +17.9% from 2012 to 2022. Japan experienced a relatively flat trend pattern. South Korea (-1.5%) and Taiwan (Chinese) (-1.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by +39 percentage points.

In value terms, China ($X) remains the largest non-alloy steel u-section supplier in Eastern Asia, comprising 74% of total exports. The second position in the ranking was held by Japan ($X), with a 14% share of total exports. It was followed by South Korea, with a 6.9% share.

In China, non-alloy steel u-section exports increased at an average annual rate of +28.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+1.8% per year) and South Korea (+1.2% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, picking up by 12% against the previous year. In general, the export price enjoyed a prominent increase. The growth pace was the most rapid in 2021 an increase of 34% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the other leaders experienced more modest paces of growth.

Non-Alloy Steel U-Section Imports

Imports in Eastern Asia

In 2022, the amount of u-sections of non-alloy steel imported in Eastern Asia totaled X tons, approximately reflecting 2021 figures. The total import volume increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 15%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, non-alloy steel u-section imports expanded remarkably to $X in 2022. Total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.7% against 2020 indices. The growth pace was the most rapid in 2017 when imports increased by 36%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

South Korea was the major importing country with an import of about X tons, which recorded 56% of total imports. It was distantly followed by Hong Kong SAR (X tons), Taiwan (Chinese) (X tons) and China (X tons), together mixing up a 41% share of total imports. Democratic People's Republic of Korea (X tons) took a minor share of total imports.

Imports into South Korea increased at an average annual rate of +6.2% from 2012 to 2022. At the same time, Democratic People's Republic of Korea (+8.6%) and Taiwan (Chinese) (+6.7%) displayed positive paces of growth. Moreover, Democratic People's Republic of Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +8.6% from 2012-2022. China experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-4.5%) illustrated a downward trend over the same period. While the share of South Korea (+16 p.p.) and Taiwan (Chinese) (+4.1 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of China (-1.7 p.p.) and Hong Kong SAR (-19.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) constitutes the largest market for imported u-sections of non-alloy steel in Eastern Asia, comprising 53% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 20% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2022, the average annual growth rate of value in South Korea amounted to +8.3%. In the other countries, the average annual rates were as follows: Hong Kong SAR (-2.7% per year) and China (+1.3% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, growing by 5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 35%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of non-alloy steel u-section consumption, accounting for 74% of total volume. Moreover, non-alloy steel u-section consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fivefold. The third position in this ranking was occupied by Taiwan Chinese), with a 5.1% share.
China constituted the country with the largest volume of non-alloy steel u-section production, accounting for 75% of total volume. Moreover, non-alloy steel u-section production in China exceeded the figures recorded by the second-largest producer, Japan, fourfold. Taiwan Chinese) ranked third in terms of total production with a 4.4% share.
In value terms, the largest non-alloy steel u-section supplying countries in Eastern Asia were China, Japan and South Korea, with a combined 99% share of total exports.
In value terms, the largest non-alloy steel u-section importing markets in Eastern Asia were South Korea, Hong Kong SAR and China, with a combined 89% share of total imports.
In 2021, the export price in Eastern Asia amounted to $640 per ton, picking up by 9.8% against the previous year.
In 2021, the import price in Eastern Asia amounted to $641 per ton, picking up by 12% against the previous year.

This report provides an in-depth analysis of the non-alloy steel u-section market in Eastern Asia. 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Eastern Asia, split by region and country
  • Trade (exports and imports) in Eastern Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • China
    • Hong Kong SAR
    • Macao SAR
    • Japan
    • South Korea
    • Taiwan (Chinese)
    • Democratic People's Republic of Korea
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

Recommended reports

Free Data: U-Sections Of Non-Alloy Steel - Eastern Asia