Which Country Imports the Most Alloy Steel Bars, Rods, Shapes and Sections in the World?

In 2016, the amount of alloy steel bars, rods, shapes and sections imported worldwide amounted to X tonnes, approximately reflecting the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2014, when imports increased by X% year-to-year. Global alloy steel bars, rods, shapes and sections import peaked in 2016, and are likely to see steady growth in the immediate term.

In value terms, alloy steel bars, rods, shapes and sections imports totaled $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, alloy steel bars, rods, shapes and sections imports decreased by -X% against its level of 2014. Over the period under review, global alloy steel bars, rods, shapes and sections imports attained its maximum level of $X in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Top Alloy Steel Bars, Rods, Shapes And Sections Importing Countries in the World

X. Germany (X million USD)

X. South Korea (X million USD)

X. China, Hong Kong SAR (X million USD)

X. Singapore (X million USD)

X. China (X million USD)

X. Saudi Arabia (X million USD)

X. Indonesia (X million USD)

X. Philippines (X million USD)

Alloy Steel Bars, Rods, Shapes And Sections Imports By Country

China (X tonnes) dominates in alloy steel bars, rods, shapes and sections imports structure, finishing at X tonnes, which was approx. X% of total imports in 2016. It was distantly followed by Indonesia (X tonnes), constituting X% share of total alloy steel bars, rods, shapes and sections imports. The following importers - the Philippines (X tonnes), China, Hong Kong SAR (X tonnes), Singapore (X tonnes), South Korea (X tonnes), Saudi Arabia (X tonnes), and Germany (X tonnes) together made up X% of total imports.

China experienced a relatively flat trend pattern. At the same time, the Philippines (+X%), Saudi Arabia (+X%), Indonesia (+X%), China, Hong Kong SAR (+X%), Singapore (+X%), and South Korea (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. Germany experienced a relatively flat trend pattern. While the share of Saudi Arabia (-X%), South Korea (-X%), Singapore (-X%), China, Hong Kong SAR (-X%), the Philippines (-X%), and Indonesia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest alloy steel bars, rods, shapes and sections markets worldwide were Germany ($X), South Korea ($X) and China, Hong Kong SAR ($X), with a combined X% share of global imports. These countries were followed by Singapore, China, Saudi Arabia, Indonesia and the Philippines, which together accounted for a further X%.

The Philippines (+X% per year) had the highest rates of growth with regard to the alloy steel bars, rods, shapes and sections imports, among the main importing countries, over the last X year period, while the other global leaders experienced more modest paces of growth.

Alloy Steel Bars, Rods, Shapes And Sections Import Prices By Country

In 2016, the average import price for alloy steel bars, rods, shapes and sections amounted to $X per tonne, shrinking by -X% against the previous year. In general, alloy steel bars, rods, shapes and sections import price continues to indicate a temperate downturn. The most prominent rate of growth was recorded in 2011, when import increased by X% year-to-year. In that year, average alloy steel bars, rods, shapes and sections import price attained its maximum level of $X per tonne. From 2012 to 2016, growth of average alloy steel bars, rods, shapes and sections import price stood at a somewhat lower level.

Import prices varied noticeably by country of destination. the country with the highest import prices was Germany ($X per tonne), while China ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of alloy steel bars, rods, shapes and sections import prices was attained by China (+X% per year), while the other global leaders experienced a decline in the import price figures.

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This article was written on the product's HS-code: X.

Source: IndexBox Platform