
Southern Asia - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouthern Asia: Market for Hot-Rolled Wire Rod In Coil Of Stainless Steel 2025
Market Size for Hot-Rolled Wire Rod In Coil Of Stainless Steel in Southern Asia
The South Asian market for hot-rolled wire rod in coil of stainless steel fell sharply to $X in 2022, waning by -53.7% against the previous year. In general, consumption showed a abrupt contraction. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.
Production of Hot-Rolled Wire Rod In Coil Of Stainless Steel in Southern Asia
In value terms, hot-rolled wire stainless steel rod production fell slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 16%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
Exports of Hot-Rolled Wire Rod In Coil Of Stainless Steel
Exports in Southern Asia
In 2022, shipments abroad of hot-rolled wire rod in coil of stainless steel increased by 22% to X tons, rising for the third consecutive year after three years of decline. Total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +7.0% 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 +108.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 38%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.
In value terms, hot-rolled wire stainless steel rod exports skyrocketed to $X in 2022. Over the period under review, exports saw a resilient increase. The growth pace was the most rapid in 2021 with an increase of 63%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.
Exports by Country
The biggest shipments were from India (X tons), together finishing at 99% of total export.
India was also the fastest-growing in terms of the hot-rolled wire rod in coil of stainless steel exports, with a CAGR of +7.0% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, India ($X) also remains the largest hot-rolled wire stainless steel rod supplier in Southern Asia.
From 2012 to 2022, the average annual growth rate of value in India amounted to +8.5%.
Export Prices by Country
The export price in Southern Asia stood at $X per ton in 2022, increasing by 17% against the previous year. Export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-rolled wire stainless steel rod export price increased by +54.0% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 38% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.4% per year.
Imports of Hot-Rolled Wire Rod In Coil Of Stainless Steel
Imports in Southern Asia
In 2022, approx. X tons of hot-rolled wire rod in coil of stainless steel were imported in Southern Asia; shrinking by -43.5% compared with the previous year. Over the period under review, imports, however, showed a slight expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 82% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.
In value terms, hot-rolled wire stainless steel rod imports fell markedly to $X in 2022. In general, imports, however, enjoyed a slight increase. The growth pace was the most rapid in 2021 when imports increased by 112% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.
Imports by Country
India dominates imports structure, recording X tons, which was near 95% of total imports in 2022. Pakistan (X tons) followed a long way behind the leaders.
Imports into India increased at an average annual rate of +1.6% from 2012 to 2022. At the same time, Pakistan (+14.9%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +14.9% from 2012-2022. From 2012 to 2022, the share of Pakistan increased by +2.8 percentage points.
In value terms, India ($X) constitutes the largest market for imported hot-rolled wire rod in coil of stainless steel in Southern Asia, comprising 98% of total imports. The second position in the ranking was held by Pakistan ($X), with a 1.4% share of total imports.
In India, hot-rolled wire stainless steel rod imports expanded at an average annual rate of +1.8% over the period from 2012-2022.
Import Prices by Country
In 2022, the import price in Southern Asia amounted to $X per ton, surging by 39% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while Pakistan totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+1.7%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Southern 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 24106300 - Hot-rolled wire rod in coil, of stainless steel
Country coverage:
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Southern Asia, split by region and country
- Trade (exports and imports) in Southern 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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