Japan - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIron Angle Price in Japan - 2023
Contents:
- Iron Angle Price in Japan (FOB) - 2023
- Iron Angle Price in Japan (CIF) - 2023
- Iron Angle Exports in Japan
- Iron Angle Imports in Japan
Iron Angle Price in Japan (FOB) - 2023
In July 2023, the average iron angle export price amounted to $818 per ton, approximately equating the previous month. In general, the export price, however, recorded a slight setback. The pace of growth was the most pronounced in August 2022 an increase of 8% m-o-m. As a result, the export price reached the peak level of $991 per ton. From September 2022 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($1,054 per ton), while the average price for exports to Hong Kong SAR ($632 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-0.5%), while the prices for the other major destinations experienced a decline.
Iron Angle Price in Japan (CIF) - 2023
In July 2023, the average iron angle import price amounted to $855 per ton, picking up by 13% against the previous month. In general, the import price, however, continues to indicate a drastic downturn. The import price peaked at $1,585 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($1,562 per ton), while the price for South Korea ($790 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.1%), while the prices for the other major suppliers experienced a decline.
Iron Angle Exports in Japan
In 2022, iron angle exports from Japan skyrocketed to 631K tons, jumping by 19% compared with the year before. The total export volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, iron angle exports surged to $570M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron Angle in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 199 | 191 | 242 | 366 | 22.5% |
| China | 57.7 | 63.5 | 74.4 | 67.6 | 5.4% |
| Philippines | 11.6 | 7.5 | 8.9 | 30.2 | 37.6% |
| Taiwan (Chinese) | 20.3 | 14.7 | 23.1 | 23.9 | 5.6% |
| Hong Kong SAR | 28.7 | 26.3 | 17.0 | 13.7 | -21.8% |
| Vietnam | 9.8 | 8.6 | 13.1 | 12.9 | 9.6% |
| Malaysia | 10.5 | 11.5 | 7.4 | 11.6 | 3.4% |
| Australia | 7.8 | 4.5 | 17.3 | 11.3 | 13.2% |
| Singapore | 9.7 | 5.9 | 10.7 | 9.8 | 0.3% |
| Others | 28.8 | 14.3 | 22.8 | 22.7 | -7.6% |
| Total | 384 | 348 | 437 | 570 | 14.1% |
Top Export Markets for Iron Angle from Japan in 2022:
- South Korea (426.1K tons)
- China (62.6K tons)
- Philippines (27.2K tons)
- Taiwan (Chinese) (27.0K tons)
- Hong Kong SAR (17.8K tons)
- Vietnam (14.2K tons)
- Malaysia (13.9K tons)
- Australia (12.5K tons)
- Singapore (10.6K tons)
Iron Angle Imports in Japan
In 2022, overseas purchases of angles, shapes and sections (of iron or non-alloy steel) increased by 4.5% to 57K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a dramatic descent.
In value terms, iron angle imports skyrocketed to $50M in 2022. Over the period under review, imports, however, recorded a deep contraction.
| Import of Iron Angle in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.6 | 4.2 | 6.0 | 28.1 | 34.3% |
| South Korea | 60.8 | 39.7 | 26.5 | 14.9 | -37.4% |
| Germany | 3.5 | 3.6 | 4.1 | 5.3 | 14.8% |
| Others | 1.6 | 1.6 | 3.9 | 1.8 | 4.0% |
| Total | 77.5 | 49.0 | 40.4 | 50.2 | -13.5% |
Top Suppliers of Iron Angle to Japan in 2022:
- China (34.9K tons)
- South Korea (17.8K tons)
- Germany (3.2K tons)
This report provides an in-depth analysis of the iron angle market in Japan. 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)
- Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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
-
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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Discover the top import markets for iron angle and their key statistics. Learn about the demand, import values, and growth potential in these countries. Explore the opportunities for exporters in the global iron angle market.
968
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1371
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1765
Despite some negative dynamics in exports, Spain was able to hold on as the leader in the global iron angles, shapes and sections trade. In 2014, Spain exported X million tons of iron angles, shapes and sections totaling X billion USD, which was
528
The global non-alloy steel h-sections market revenue amounted to $17.9B in 2018, rising by 11% against the previous...
191
Discover the top import markets for iron angle and their key statistics. Learn about the demand, import values, and growth potential in these countries. Explore the opportunities for exporters in the global iron angle market.
968
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1371
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1765
Despite some negative dynamics in exports, Spain was able to hold on as the leader in the global iron angles, shapes and sections trade. In 2014, Spain exported X million tons of iron angles, shapes and sections totaling X billion USD, which was
528
The global non-alloy steel h-sections market revenue amounted to $17.9B in 2018, rising by 11% against the previous...
