Which Country Exports the Most Iron Angles in the World?
Basic Iron And Steel May 28, 2018
IndexBox has just published a new report "World: Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.
In 2016, the amount of iron angle imported worldwide totaled 35M tonnes, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of growth appeared the most rapid in 2010, when import increased by 8% y-o-y. Over the period under review, global iron angle imports attained its maximum volume of 39M tonnes in 2007- however, from 2008 to 2016, it stood at a somewhat lower level.
In value terms, iron angle imports totaled $11B in 2016. In general, iron angle imports continue to indicate a drastic reduction. Over the period under review, global iron angle imports reached its maximum level of $22B in 2008- however, from 2009 to 2016, it stood at a somewhat lower level.
Top Iron Angle Importing Countries in the World
1. Germany (729.8 million USD)
2. USA (691.1 million USD)
3. France (543.9 million USD)
4. South Korea (435.2 million USD)
5. Turkey (251.8 million USD)
6. Poland (228.4 million USD)
7. Italy (213.1 million USD)
8. China (107.2 million USD)
9. Spain (76.6 million USD)
10. Japan (37.8 million USD)
11. Luxembourg (25.0 million USD)
12. Ukraine (21.8 million USD)
Iron Angle Imports By Country
The imports of the twelve major importers of iron angle, namely China, Spain, Turkey, Luxembourg, Germany, Ukraine, South Korea, Italy, Japan, the U.S., Poland, and France, represented more than half of total import.
From 2007 to 2016, the most notable growth rate of iron angle imports, among the main importing countries, was attained by Luxembourg (+1.5% per year), while the other global leaders experienced more modest paces of growth.
In value terms, Germany ($730M), the U.S. ($691M) and France ($544M) appeared as the countries with the highest levels of imports in 2016, with a combined 17% share of global imports.
The U.S. (-1.4% per year) had the highest rates of growth with regard to the iron angle imports, in terms of the main importing countries, over the last 9 years, while the other global leaders experienced a decline in the imports figures.
Iron Angle Import Prices By Country
The average iron angle import price stood at $324 per tonne in 2016, going down by -13.1% against the previous year. In general, iron angle import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2011, when import increased by 22% y-o-y. Over the period under review, average iron angle import price attained its maximum level of $598 per tonne in 2008- however, from 2009 to 2016, it stood at a somewhat lower level.
There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was the U.S. ($715 per tonne), while Luxembourg ($12 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of iron angle import prices was attained by the U.S. (-1.2% per year), while the other global leaders experienced a decline in the import price figures.
Do you want to know more about global iron angle market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- iron angle market share
- iron angle prices
- iron angle industry
- iron angle sales
- iron angle import
- iron angle export
- iron angle market forecast
- iron angle price forecast
- key iron angle producers
All data provided in this article covers the following product: HS Code 7216 - Iron or non-alloy steel, angles, shapes and sections.
