Eastern Asia: Welded Sections Market 2020

Welded Sections Market Size in Eastern Asia

The revenue of the welded sections market in Eastern Asia amounted to $X in 2017, falling by -X% against the previous year. The welded sections consumption continues to indicate a drastic contraction. The pace of growth appeared the most rapid in 2014, with an increase of X% against the previous year. The level of welded sections consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Welded Sections Production in Eastern Asia

In 2017, the amount of welded sections produced in Eastern Asia totaled X tons, shrinking by -X% against the previous year. The welded sections production continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2010, when the output figure increased by X% against the previous year. Over the period under review, the welded sections production reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Welded Sections Exports in Eastern Asia

In 2017, the amount of welded sections exported in Eastern Asia totaled X tons, therefore, remained relatively stable against the previous year. The welded sections exports continue to indicate a deep drop. The growth pace was the most rapid in 2011, when exports increased by X% y-o-y. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, welded sections exports amounted to $X in 2017. The welded sections exports continue to indicate a temperate deduction. In that year, the welded sections exports attained their peak level of $X. From 2012 to 2017, growth of the welded sections exports stood at a somewhat lower level.

Welded Sections Exports by Country in Eastern Asia

China was the major exporter of welded sections in Eastern Asia, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2017. Japan (X tons) ranks second in terms of the global exports with a X% share, followed by South Korea (X%). Taiwan, Chinese (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 Taiwan, Chinese (+X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, the largest welded sections markets worldwide were China ($X), South Korea ($X) and Japan ($X), with a combined X% share of total exports. These countries were followed by Taiwan, Chinese, which accounted for a further X%.

Taiwan, Chinese (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Welded Sections Export Prices by Country in Eastern Asia

The welded sections export price in Eastern Asia stood at $X per ton in 2017, surging 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% y-o-y. The level of export price peaked of $X per ton in 2012; however, from 2013 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 South Korea ($X per ton), while Japan ($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.

Welded Sections Imports in Eastern Asia

In 2017, approx. X tons of welded sections were imported in Eastern Asia; lowering by -X% against the previous year. The welded sections imports continue to indicate a drastic contraction. The pace of growth was the most pronounced in 2014, when imports increased by X% against the previous year. The volume of imports peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, welded sections imports totaled $X in 2017. The welded sections imports continue to indicate a moderate descent. In that year, the welded sections imports attained their peak level of $X. From 2009 to 2017, growth of the welded sections imports failed to regain its momentum.

Welded Sections Imports by Country in Eastern Asia

China represented the major importing country with an import of around X tons, which resulted at X% of total imports. South Korea (X tons) took the second position in the ranking, distantly followed by Japan (X tons). All these countries together held approx. X% share of total imports. The following importers - China, Hong Kong SAR (X tons) and Taiwan, Chinese (X tons) each accounted for 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 Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

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

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: South Korea (-X% per year) and Japan (+X% per year).

Welded Sections Import Prices by Country in Eastern Asia

The welded sections import price in Eastern Asia stood at $X per ton in 2017, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% year-to-year. The level of import price peaked of $X per ton in 2012; however, from 2013 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 Japan ($X per ton), while Taiwan, Chinese ($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 South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform