China - Hot-Rolled Round Bars Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Hot-Rolled Round Stainless Steel in China - 2023
Contents:
- Price for Hot-Rolled Round Stainless Steel in China (CIF) - 2022
- Price for Hot-Rolled Round Stainless Steel in China (FOB) - 2022
- Imports of Hot-Rolled Round Stainless Steel in China
- Exports of Hot-Rolled Round Stainless Steel in China
Price for Hot-Rolled Round Stainless Steel in China (CIF) - 2022
The average hot-rolled round stainless steel import price stood at $6,110 per ton in 2022, growing by 29% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 42%. The import price peaked at $6,364 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the United States ($13,393 per ton), while the price for Germany ($4,038 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hot-Rolled Round Stainless Steel in China (FOB) - 2022
In 2022, the average hot-rolled round stainless steel export price amounted to $3,826 per ton, with an increase of 20% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 22% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($6,739 per ton), while the average price for exports to Pakistan ($2,268 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hot-Rolled Round Stainless Steel in China
In 2022, hot-rolled round stainless steel imports into China contracted sharply to 14K tons, with a decrease of -34.4% against 2021. In general, imports saw a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 29%. As a result, imports attained the peak of 22K tons, and then shrank dramatically in the following year.
In value terms, hot-rolled round stainless steel imports reduced sharply to $88M in 2022. Over the period under review, imports saw a noticeable contraction. The growth pace was the most rapid in 2021 when imports increased by 34%. As a result, imports attained the peak of $104M, and then contracted sharply in the following year.
| Import of Hot-Rolled Round Stainless Steel in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.2 | 16.4 | 30.9 | 18.3 | 2.1% |
| Italy | 18.2 | 12.8 | 17.0 | 13.1 | -10.4% |
| Japan | 10.4 | 7.3 | 10.0 | 10.1 | -1.0% |
| United States | 12.2 | 8.3 | 12.0 | 9.6 | -7.7% |
| Sweden | 5.7 | 2.6 | 3.1 | 5.1 | -3.6% |
| United Kingdom | 7.2 | 7.0 | 4.6 | 4.1 | -17.1% |
| France | 3.5 | 3.4 | 3.1 | 3.3 | -1.9% |
| Taiwan (Chinese) | 18.7 | N/A | N/A | N/A | 0% |
| Others | 6.3 | 19.8 | 23.0 | 24.2 | 56.6% |
| Total | 99.3 | 77.5 | 104 | 87.8 | -4.0% |
Top Suppliers of Hot-Rolled Round Stainless Steel to China in 2022:
- Germany (4.5K tons)
- Italy (2.5K tons)
- Japan (1.8K tons)
- United States (0.7K tons)
- Sweden (0.6K tons)
- France (0.4K tons)
- United Kingdom (0.4K tons)
Exports of Hot-Rolled Round Stainless Steel in China
Hot-rolled round stainless steel exports from China skyrocketed to 33K tons in 2022, picking up by 46% against 2021. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 107% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, hot-rolled round stainless steel exports surged to $126M in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 141%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Hot-Rolled Round Stainless Steel in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1.8 | 2.3 | 13.8 | 22.7 | 132.8% |
| Brazil | 0.3 | 1.0 | 5.8 | 12.9 | 250.3% |
| Indonesia | 1.0 | 1.3 | 3.4 | 12.4 | 131.5% |
| South Korea | 3.6 | 2.5 | 10.0 | 11.3 | 46.4% |
| Thailand | 1.1 | 1.6 | 3.6 | 7.6 | 90.5% |
| Pakistan | 1.5 | 1.6 | 2.4 | 5.2 | 51.3% |
| United Arab Emirates | 2.1 | 1.2 | 2.6 | 5.1 | 34.4% |
| Russia | 0.8 | 1.6 | 1.4 | 4.5 | 77.8% |
| Argentina | 1.9 | 1.8 | 3.2 | 4.5 | 33.3% |
| India | 0.8 | 0.5 | 2.4 | 3.7 | 66.6% |
| Malaysia | 1.0 | 0.7 | 0.7 | 2.6 | 37.5% |
| Germany | 0.6 | 0.4 | 0.6 | 2.0 | 49.4% |
| Poland | N/A | 0.2 | 0.4 | 1.7 | 191.5% |
| Others | 14.0 | 13.2 | 21.6 | 29.9 | 28.8% |
| Total | 30.6 | 29.9 | 71.8 | 126 | 60.3% |
Top Export Markets for Hot-Rolled Round Stainless Steel from China in 2022:
- Vietnam (7.5K tons)
- Brazil (3.4K tons)
- South Korea (3.0K tons)
- Pakistan (2.3K tons)
- Indonesia (2.2K tons)
- Thailand (1.8K tons)
- Russia (1.4K tons)
- United Arab Emirates (1.1K tons)
- India (0.9K tons)
- Malaysia (0.7K tons)
- Argentina (0.7K tons)
- Poland (0.5K tons)
- Germany (0.5K tons)
This report provides an in-depth analysis of the market for hot-rolled round stainless steel in 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 24106410 - Hot-rolled round bars, of stainless steel
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
350
This report provides an in-depth analysis of the market for hot-rolled round stainless steel in China.
557
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in China.
417
This report provides an in-depth analysis of the stainless steel angle market in China.
414
This report provides an in-depth analysis of the market for forged stainless steel bar in China.
507
This report provides an in-depth analysis of the global market for hot-rolled round stainless steel.
1651
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
1365
This report provides an in-depth analysis of the global stainless steel angle market.
650
This report provides an in-depth analysis of the global market for forged stainless steel bar.
350
This report provides an in-depth analysis of the market for hot-rolled round stainless steel in China.
417
This report provides an in-depth analysis of the stainless steel angle market in China.
289
Stainless Steel Angle exports recorded a significant surge, reaching a value of $16M in April 2023.
114
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1438
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4211
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1124
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
1400
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
934
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
1092
Despite a slight drop in exports, India continued its dominance in the global trade of stainless steel angles, shapes and sections. In 2014, India exported X thousand tons of stainless steel angles, shapes and sections totaling X million USD, X%
289
Stainless Steel Angle exports recorded a significant surge, reaching a value of $16M in April 2023.
1400
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
