Report Update Feb 1, 2025

Hong Kong SAR, China - Sheet Piling of Steel - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Steel Sheet Piling Market 2025

Steel Sheet Piling Market Size in Hong Kong SAR, China

In 2022, the Hong Kong steel sheet piling market decreased by -8.3% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption continues to indicate a mild downturn. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Steel Sheet Piling Exports

Exports from Hong Kong SAR, China

In 2022, approx. X tons of sheet piling of steel were exported from Hong Kong SAR; reducing by -81.5% on the previous year's figure. In general, exports saw a precipitous decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 380%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, steel sheet piling exports contracted sharply to $X in 2022. Over the period under review, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 367% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Macao SAR (X tons) was the main destination for steel sheet piling exports from Hong Kong SAR, with a 97% share of total exports. It was followed by China (X tons), with a 3.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Macao SAR amounted to -9.5%.

In value terms, Macao SAR ($X) remains the key foreign market for sheet piling of steel exports from Hong Kong SAR, comprising 97% of total exports. The second position in the ranking was taken by China ($X), with a 2.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Macao SAR amounted to -7.1%.

Export Prices by Country

In 2022, the average steel sheet piling export price amounted to $X per ton, jumping by 17% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 41% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($X per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+2.7%).

Steel Sheet Piling Imports

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of sheet piling of steel decreased by -20.1% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, steel sheet piling imports reduced to $X in 2022. Overall, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 35%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest steel sheet piling supplier to Hong Kong SAR, with a 82% share of total imports. Moreover, steel sheet piling imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), ninefold. Belgium (X tons) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-14.1% per year) and Belgium (-47.9% per year).

In value terms, China ($X) constituted the largest supplier of sheet piling of steel to Hong Kong SAR, comprising 79% of total imports. The second position in the ranking was taken by Japan ($X), with an 11% share of total imports. It was followed by Belgium, with a 5% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-12.4% per year) and Belgium (-40.3% per year).

Import Prices by Country

The average steel sheet piling import price stood at $X per ton in 2022, rising by 9.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 54%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($X per ton) and Japan ($X per ton), while the price for China ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sheet piling of steel in the world?

The countries with the highest volumes of in 2021 were Oman, Luxembourg and the Philippines, together comprising 49% of global consumption.

What are the largest producers of sheet piling of steel in the world?

The countries with the highest volumes of in 2021 were Luxembourg, Oman and China, with a combined 71% share of global production. These countries were followed by Japan, the Czech Republic, South Korea and Poland, which together accounted for a further 24%.

What are the leading suppliers of sheet piling of steel to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of steel sheet piling to Hong Kong SAR, comprising 73% of total imports. The second position in the ranking was occupied by Thailand, with an 11% share of total imports. It was followed by Japan, with an 8.8% share.

What are the leading importers of sheet piling of steel from Hong Kong SAR, China?

In value terms, Macao SAR and China appeared to be the largest markets for steel sheet piling exported from Hong Kong SAR worldwide.

What is the average export price for sheet piling of steel in Hong Kong SAR, China?

In 2021, the average steel sheet piling export price amounted to $871 per ton, picking up by 41% against the previous year.

What is the average import price for sheet piling of steel in Hong Kong SAR, China?

The average steel sheet piling import price stood at $845 per ton in 2021, picking up by 54% against the previous year.

This report provides an in-depth analysis of the steel sheet piling market in Hong Kong SAR, China. 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 24107410 - Sheet piling (of steel)
Prodcom 2410T251 - Sheet piling

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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:

How to diversify your business and benefit from new market opportunities
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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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024