Hong Kong SAR, China - H-Sections Of Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Alloy Steel H-Sections Price in Hong Kong SAR - 2023
Contents:
- Non-Alloy Steel H-Sections Price in Hong Kong SAR (CIF) - 2022
- Non-Alloy Steel H-Sections Price in Hong Kong SAR (FOB) - 2022
- Non-Alloy Steel H-Sections Imports in Hong Kong SAR
- Non-Alloy Steel H-Sections Exports in Hong Kong SAR
Non-Alloy Steel H-Sections Price in Hong Kong SAR (CIF) - 2022
In 2022, the average non-alloy steel h-sections import price amounted to $916 per ton, rising by 9.7% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel h-sections import price increased by +58.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 45%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($924 per ton) and South Korea ($923 per ton), while the price for Japan ($911 per ton) and China ($912 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Alloy Steel H-Sections Price in Hong Kong SAR (FOB) - 2022
The average non-alloy steel h-sections export price stood at $1,024 per ton in 2022, reducing by -1.9% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel h-sections export price increased by +46.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 50%. As a result, the export price reached the peak level of $1,044 per ton, and then shrank modestly in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,032 per ton), while the average price for exports to Macao SAR totaled $1,008 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+1.7%).
Non-Alloy Steel H-Sections Imports in Hong Kong SAR
In 2022, the amount of h-sections of of non-alloy steel imported into Hong Kong SAR dropped significantly to 249K tons, which is down by -33.8% on 2021 figures. In general, imports showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 5.2% against the previous year. As a result, imports attained the peak of 376K tons, and then reduced markedly in the following year.
In value terms, non-alloy steel h-sections imports contracted remarkably to $228M in 2022. Overall, imports showed a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by 52%. As a result, imports reached the peak of $314M, and then dropped sharply in the following year.
| Import of Non-Alloy Steel H-Sections in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 157 | 108 | 184 | 138 | -4.2% |
| Taiwan (Chinese) | 27.0 | 26.5 | 37.9 | 42.7 | 16.5% |
| Thailand | 6.8 | 8.1 | 38.9 | 21.8 | 47.5% |
| Japan | 35.7 | 30.5 | 19.9 | 15.3 | -24.6% |
| South Korea | 16.4 | 20.5 | 20.8 | 5.5 | -30.5% |
| Others | 4.0 | 12.3 | 12.1 | 4.9 | 7.0% |
| Total | 247 | 206 | 314 | 228 | -2.6% |
Top Suppliers of Non-Alloy Steel H-Sections to Hong Kong SAR in 2022:
- China (151.0K tons)
- Taiwan (Chinese) (46.2K tons)
- Thailand (23.8K tons)
- Japan (16.8K tons)
- South Korea (6.0K tons)
Non-Alloy Steel H-Sections Exports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in shipments abroad of h-sections of of non-alloy steel, which decreased by -32.2% to 26K tons in 2022. In general, exports showed a abrupt setback. The smallest decline of -7.6% was in 2021.
In value terms, non-alloy steel h-sections exports shrank remarkably to $26M in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, the exports reached the peak of $39M, and then contracted rapidly in the following year.
| Export of Non-Alloy Steel H-Sections in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.5 | 16.2 | 28.2 | 17.3 | -3.9% |
| Macao SAR | 15.6 | 12.3 | 11.2 | 8.9 | -17.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 35.1 | 28.5 | 39.4 | 26.2 | -9.3% |
Top Export Markets for Non-Alloy Steel H-Sections from Hong Kong SAR in 2022:
- China (16.8K tons)
- Macao SAR (8.8K tons)
This report provides an in-depth analysis of the non-alloy steel h-sections market in Hong Kong SAR, China. 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 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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
- 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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