India - H-Sections Of Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

India - H-Sections Of Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights

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Non-Alloy Steel H-Sections Price in India - 2023

Contents:

  1. Non-Alloy Steel H-Sections Price in India (FOB) - 2022
  2. Non-Alloy Steel H-Sections Price in India (CIF) - 2022
  3. Non-Alloy Steel H-Sections Exports in India
  4. Non-Alloy Steel H-Sections Imports in India

Non-Alloy Steel H-Sections Price in India (FOB) - 2022

The average non-alloy steel h-sections export price stood at $886 per ton in 2022, rising by 10% against the previous year. Over the period under review, the export price continues to indicate a slight increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 51%. Over the period under review, the average export prices hit record highs at $1,046 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($969 per ton) and the UK ($927 per ton), while the average price for exports to Oman ($652 per ton) and South Africa ($727 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Steel H-Sections Price in India (CIF) - 2022

The average non-alloy steel h-sections import price stood at $1,176 per ton in 2022, picking up by 39% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 +79.2% against 2020 indices. 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 supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($2,217 per ton), while the price for Bahrain ($1,022 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Alloy Steel H-Sections Exports in India

For the fourth year in a row, India recorded growth in shipments abroad of h-sections of of non-alloy steel, which increased by 1.1% to 41K tons in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 397%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, non-alloy steel h-sections exports rose markedly to $36M in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 650% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Non-Alloy Steel H-Sections in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A10.314.944.7%
IrelandN/AN/AN/A7.10%
QatarN/A2.44.06.362.0%
Saudi ArabiaN/AN/AN/A2.50%
South AfricaN/AN/A1.31.623.1%
Hong Kong SARN/AN/A7.51.4-81.3%
Nepal2.51.61.21.1-23.9%
CanadaN/AN/A5.9N/A0%
Others0.90.32.31.518.6%
Total3.44.332.536.3120.2%

Top Export Markets for Non-Alloy Steel H-Sections from India in 2022:

  1. United Kingdom (16.1K tons)
  2. Ireland (8.1K tons)
  3. Qatar (7.3K tons)
  4. Saudi Arabia (2.9K tons)
  5. South Africa (2.2K tons)
  6. Hong Kong SAR (1.7K tons)
  7. Nepal (1.3K tons)

Non-Alloy Steel H-Sections Imports in India

In 2022, purchases abroad of h-sections of of non-alloy steel decreased by -53.4% to 6K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a sharp slump. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. As a result, imports attained the peak of 25K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, non-alloy steel h-sections imports reduced notably to $7.1M in 2022. In general, imports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 6.4%. As a result, imports reached the peak of $16M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Non-Alloy Steel H-Sections in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5.14.07.24.2-6.3%
Bahrain0.39.43.22.088.2%
Belgium0.50.90.30.3-15.7%
Italy0.10.1N/A0.226.0%
South Korea7.21.20.10.1-76.0%
Japan2.0N/AN/AN/A0%
Others0.10.70.10.458.7%
Total15.316.210.97.1-22.6%

Top Suppliers of Non-Alloy Steel H-Sections to India in 2022:

  1. Japan (undefined tons)
  2. United Arab Emirates (3528.8 tons)
  3. Bahrain (1922.9 tons)
  4. Belgium (199.5 tons)
  5. Italy (113.1 tons)
  6. South Korea (27.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-alloy steel h-sections market in India. 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:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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