Japan - Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Deformed Non-Alloy Steel Wire Rod in Japan - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Japan (CIF) - 2023
- Price for Deformed Non-Alloy Steel Wire Rod in Japan (FOB) - 2022
- Imports of Deformed Non-Alloy Steel Wire Rod in Japan
- Exports of Deformed Non-Alloy Steel Wire Rod in Japan
Price for Deformed Non-Alloy Steel Wire Rod in Japan (CIF) - 2023
In July 2023, the average import price for ribbed or other deformed wire rod of non-alloy steel amounted to $1,116 per ton, remaining constant against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 5.3% month-to-month. As a result, import price reached the peak level of $1,208 per ton. From January 2023 to July 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From July 2022 to July 2023, the rate of growth in terms of prices for South Korea amounted to +0.1% per month.
Price for Deformed Non-Alloy Steel Wire Rod in Japan (FOB) - 2022
The average export price for ribbed or other deformed wire rod of non-alloy steel stood at $348 per ton in 2022, standing approx. at the previous year. In general, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 34% against the previous year. As a result, the export price attained the peak level of $1,084 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($637 per ton), while the average price for exports to India ($172 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-5.2%), while the prices for the other major destinations experienced a decline.
Imports of Deformed Non-Alloy Steel Wire Rod in Japan
In 2022, the amount of ribbed or other deformed wire rod of non-alloy steel imported into Japan contracted modestly to 4K tons, which is down by -2.2% against 2021. Overall, imports saw a sharp slump.
In value terms, deformed non-alloy steel wire rod imports amounted to $4.4M in 2022. Over the period under review, imports faced a deep setback.
Import of Deformed Non-Alloy Steel Wire Rod in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 3.6 | 3.3 | 1.5 | 4.4 | 6.9% |
Taiwan (Chinese) | 0.7 | 0.3 | 0.3 | N/A | -34.5% |
China | 3.3 | 3.1 | 2.3 | N/A | -16.5% |
Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Total | 7.7 | 6.8 | 4.2 | 4.4 | -17.0% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Japan in 2022:
- South Korea (4.0K tons)
Exports of Deformed Non-Alloy Steel Wire Rod in Japan
In 2022, shipments abroad of ribbed or other deformed wire rod of non-alloy steel decreased by 0% to 18 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 435%. As a result, the exports attained the peak of 36 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, deformed non-alloy steel wire rod exports amounted to $6.2K in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 285% against the previous year. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Deformed Non-Alloy Steel Wire Rod in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.2 | 9.2 | N/A | 5.0 | 31.5% |
Kyrgyzstan | 0.4 | 1.2 | N/A | 0.5 | 7.7% |
India | 0.1 | 0.5 | N/A | 0.1 | 0.0% |
Others | 0.5 | 1.4 | N/A | 0.6 | 6.3% |
Total | 3.2 | 12.4 | N/A | 6.2 | 24.7% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Japan in 2022:
- United States (15.5 tons)
- Kyrgyzstan (0.9 tons)
- India (0.9 tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod 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 24106110 - Ribbed or other deformed wire rod (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
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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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