Japan - Hot-Rolled Bars Of Silico-Manganese Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled Silico-Manganese Steel Bar in Japan - 2023
Contents:
- Price for Hot-Rolled Silico-Manganese Steel Bar in Japan (FOB) - 2023
- Price for Hot-Rolled Silico-Manganese Steel Bar in Japan (CIF) - 2022
- Exports of Hot-Rolled Silico-Manganese Steel Bar in Japan
- Imports of Hot-Rolled Silico-Manganese Steel Bar in Japan
Price for Hot-Rolled Silico-Manganese Steel Bar in Japan (FOB) - 2023
In July 2023, the average hot-rolled silico-manganese steel bar export price amounted to $1,199 per ton, rising by 5.6% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 17% against the previous month. Over the period under review, the average export prices hit record highs at $1,436 per ton in December 2022; however, from January 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the United States ($1,748 per ton), while the average price for exports to Thailand ($961 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 Mexico (+3.6%), while the prices for the other major destinations experienced a decline.
Price for Hot-Rolled Silico-Manganese Steel Bar in Japan (CIF) - 2022
The average hot-rolled silico-manganese steel bar import price stood at $1,572 per ton in 2022, declining by -13.7% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 an increase of 67% against the previous year. The import price peaked at $2,865 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 South Korea ($2,862 per ton), while the price for China ($1,061 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 (+10.0%), while the prices for the other major suppliers experienced a decline.
Exports of Hot-Rolled Silico-Manganese Steel Bar in Japan
In 2022, approx. 27K tons of hot-rolled bars of silico-manganese steel were exported from Japan; falling by -28.3% compared with 2021. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 208% against the previous year. As a result, the exports attained the peak of 38K tons, and then fell dramatically in the following year.
In value terms, hot-rolled silico-manganese steel bar exports fell to $32M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 221%. As a result, the exports reached the peak of $37M, and then fell in the following year.
| Export of Hot-Rolled Silico-Manganese Steel Bar in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 5.2 | 6.1 | 8.9 | 13.1 | 36.1% |
| Thailand | 7.0 | 4.2 | 9.3 | 13.1 | 23.2% |
| Mexico | N/A | N/A | 3.4 | 3.0 | -11.8% |
| United States | 0.3 | 0.2 | 8.1 | 1.2 | 58.7% |
| China | 0.2 | 0.2 | 5.0 | 0.7 | 51.8% |
| Others | 2.0 | 0.9 | 2.5 | 0.6 | -33.1% |
| Total | 14.7 | 11.6 | 37.2 | 31.8 | 29.3% |
Top Export Markets for Hot-Rolled Silico-Manganese Steel Bar from Japan in 2022:
- Thailand (12.3K tons)
- Indonesia (10.1K tons)
- Mexico (2.6K tons)
- United States (1.1K tons)
- China (0.5K tons)
Imports of Hot-Rolled Silico-Manganese Steel Bar in Japan
In 2022, imports of hot-rolled bars of silico-manganese steel into Japan skyrocketed to 2.2K tons, jumping by 117% on the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern.
In value terms, hot-rolled silico-manganese steel bar imports skyrocketed to $3.5M in 2022. In general, imports, however, recorded a mild shrinkage.
| Import of Hot-Rolled Silico-Manganese Steel Bar in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 833 | 737 | 830 | 1,681 | 26.4% |
| China | 2,586 | 2,215 | 855 | 1,545 | -15.8% |
| South Korea | 110 | 113 | 108 | 272 | 35.2% |
| Others | 81.8 | 41.5 | 80.4 | 8.9 | -52.3% |
| Total | 3,610 | 3,106 | 1,873 | 3,507 | -1.0% |
Top Suppliers of Hot-Rolled Silico-Manganese Steel Bar to Japan in 2022:
- China (1457.1 tons)
- Taiwan (Chinese) (678.7 tons)
- South Korea (94.9 tons)
This report provides an in-depth analysis of the market for hot-rolled silico-manganese steel bar 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 24106620 - Hot-rolled bars of silico-manganese 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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