Report Update Nov 1, 2024

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

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Indonesia: Non-Alloy Steel U-Section Market 2024

Non-Alloy Steel U-Section Market Size in Indonesia

The Indonesian non-alloy steel u-section market surged to $X in 2022, growing by 35% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Non-alloy steel u-section consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Non-Alloy Steel U-Section Exports

Exports from Indonesia

In 2022, approx. X tons of u-sections of non-alloy steel were exported from Indonesia; with a decrease of -20.4% against 2021. In general, exports showed a dramatic downturn. The growth pace was the most rapid in 2016 when exports increased by 1,383%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-alloy steel u-section exports declined markedly to $X in 2022. Overall, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2016 with an increase of 1,035%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Timor-Leste (X tons) was the main destination for non-alloy steel u-section exports from Indonesia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Timor-Leste totaled +49.7%.

In value terms, Timor-Leste ($X) also remains the key foreign market for u-sections of non-alloy steel exports from Indonesia.

From 2012 to 2022, the average annual growth rate of value to Timor-Leste amounted to +75.3%.

Export Prices by Country

In 2022, the average non-alloy steel u-section export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a perceptible decrease. The growth pace was the most rapid in 2014 an increase of 48% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Timor-Leste.

From 2012 to 2022, the rate of growth in terms of prices for Timor-Leste amounted to +17.1% per year.

Non-Alloy Steel U-Section Imports

Imports into Indonesia

In 2022, non-alloy steel u-section imports into Indonesia surged to X tons, growing by 60% on the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 235% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, non-alloy steel u-section imports skyrocketed to $X in 2022. In general, imports, however, showed a pronounced decline. The pace of growth was the most pronounced in 2018 when imports increased by 231% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Thailand (X tons), China (X tons) and Malaysia (X tons) were the main suppliers of non-alloy steel u-section imports to Indonesia, with a combined 73% share of total imports. Singapore, Turkey, Australia, Japan and South Korea lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +59.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-alloy steel u-section suppliers to Indonesia were China ($X), Thailand ($X) and Malaysia ($X), with a combined 67% share of total imports. Singapore, Australia, Turkey, Japan and South Korea lagged somewhat behind, together accounting for a further 27%.

Turkey, with a CAGR of +61.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-alloy steel u-section import price amounted to $X per ton, waning by -21.7% against the previous year. Overall, the import price showed a mild decrease. The pace of growth was the most pronounced in 2017 an increase of 52%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for u-sections of non-alloy steel in the world?

The country with the largest volume of non-alloy steel u-section consumption was China, accounting for 26% of total volume. Moreover, non-alloy steel u-section consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 5.7% share.

What are the largest producers of u-sections of non-alloy steel in the world?

China remains the largest non-alloy steel u-section producing country worldwide, comprising approx. 28% of total volume. Moreover, non-alloy steel u-section production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Japan, with a 6.2% share.

What are the leading suppliers of u-sections of non-alloy steel to Indonesia?

In value terms, China, Thailand and Singapore appeared to be the largest non-alloy steel u-section suppliers to Indonesia, together comprising 88% of total imports.

What are the leading importers of u-sections of non-alloy steel from Indonesia?

In value terms, Timor-Leste remains the key foreign market for non-alloy steel u-section exports from Indonesia.

What is the average export price for u-sections of non-alloy steel in Indonesia?

In 2021, the average non-alloy steel u-section export price amounted to $482 per ton, shrinking by -39.1% against the previous year.

What is the average import price for u-sections of non-alloy steel in Indonesia?

The average non-alloy steel u-section import price stood at $702 per ton in 2021, stabilizing at the previous year.

This report provides an in-depth analysis of the non-alloy steel u-section market in Indonesia. 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:

Indonesia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Indonesia
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
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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
How to load your idle production capacity
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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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023