India: Sheet Piling Market 2025

Sheet Piling Market Size in India

In 2021, the Indian sheet piling market was finally on the rise to reach $X after eight years of decline. Over the period under review, consumption, however, faced a dramatic curtailment. Sheet piling consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Sheet Piling Production in India

In value terms, sheet piling production stood at $X in 2021 estimated in export price. In general, production, however, saw a drastic downturn. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Sheet Piling Exports

Exports from India

Sheet piling exports from India skyrocketed to X tons in 2021, jumping by 94% on 2020. Over the period under review, exports continue to indicate a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sheet piling exports surged to $X in 2021. In general, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), the United Arab Emirates (X tons) and Hong Kong SAR (X tons) were the main destinations of sheet piling exports from India, with a combined 49% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of +124.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the United Arab Emirates ($X) and Hong Kong SAR ($X) were the largest markets for sheet piling exported from India worldwide, together comprising 44% of total exports.

Hong Kong SAR, with a CAGR of +113.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sheet piling export price stood at $X per ton in 2021, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2017 an increase of 17% against the previous year. The export price peaked at $X per ton in 2020, and then fell slightly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sheet Piling Imports

Imports into India

In 2021, the amount of sheet piling, shapes and sections (of iron or steel) imported into India rose rapidly to X tons, surging by 12% on 2020. Overall, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 111%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, sheet piling imports rose modestly to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 49% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Poland (X tons) were the main suppliers of sheet piling imports to India, with a combined 90% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +79.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sheet piling suppliers to India were the United Arab Emirates ($X), China ($X) and Poland ($X), with a combined 78% share of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +52.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sheet piling import price stood at $X per ton in 2021, which is down by -8.2% against the previous year. In general, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2013 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Mauritius ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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