China - Iron Or Steel Towers And Lattice Masts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Towers in China - 2023
Contents:
- Price for Iron or Steel Towers in China (FOB) - 2022
- Price for Iron or Steel Towers in China (CIF) - 2022
- Exports of Iron or Steel Towers in China
- Imports of Iron or Steel Towers in China
Price for Iron or Steel Towers in China (FOB) - 2022
The average iron or steel towers export price stood at $1,753 per ton in 2022, surging by 4.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2016 an increase of 29%. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($4,101 per ton), while the average price for exports to Turkmenistan ($1,099 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 Congo (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Towers in China (CIF) - 2022
The average iron or steel towers import price stood at $7,928 per ton in 2022, declining by -24.9% against the previous year. Overall, the import price saw a deep downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 347% against the previous year. Over the period under review, average import prices attained the peak figure at $65,044 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($9,174 per ton), while the price for Belgium amounted to $7,911 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.3%), while the prices for the other major suppliers experienced a decline.
Exports of Iron or Steel Towers in China
In 2022, iron or steel towers exports from China expanded to 333K tons, with an increase of 2.8% on the year before. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 8.5% against the previous year. As a result, the exports reached the peak of 350K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, iron or steel towers exports expanded rapidly to $584M in 2022. The total export value increased at an average annual rate of +11.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 14% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Iron or Steel Towers in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 53.0 | 145 | 145 | 114 | 29.1% |
| Pakistan | 80.3 | 74.5 | 41.5 | 47.2 | -16.2% |
| Congo | 0.2 | 6.4 | 45.3 | 45.9 | 512.2% |
| Australia | 16.1 | 9.9 | 12.9 | 27.6 | 19.7% |
| Malaysia | 13.7 | 6.0 | 1.6 | 19.6 | 12.7% |
| Japan | 27.1 | 20.7 | 16.9 | 18.5 | -11.9% |
| Bangladesh | 5.6 | 4.7 | 3.9 | 16.2 | 42.5% |
| Nigeria | 2.6 | 10.3 | 14.7 | 15.8 | 82.5% |
| Lao People's Democratic Republic | 17.0 | 20.7 | 23.6 | 12.4 | -10.0% |
| Kenya | 7.3 | 9.1 | 15.9 | 11.8 | 17.4% |
| Turkmenistan | N/A | N/A | 10.1 | 10.4 | 3.0% |
| Cambodia | 18.8 | 7.2 | 8.4 | 10.3 | -18.2% |
| Ethiopia | 2.5 | 6.0 | 1.5 | 10.0 | 58.7% |
| Others | 181 | 162 | 200 | 224 | 7.4% |
| Total | 425 | 483 | 541 | 584 | 11.2% |
Top Export Markets for Iron or Steel Towers from China in 2022:
- Philippines (55.7K tons)
- Pakistan (32.6K tons)
- Australia (19.0K tons)
- Malaysia (15.9K tons)
- Bangladesh (12.8K tons)
- Nigeria (11.5K tons)
- Congo (11.2K tons)
- Japan (10.1K tons)
- Lao People's Democratic Republic (10.0K tons)
- Turkmenistan (9.4K tons)
- Kenya (8.9K tons)
- Cambodia (6.7K tons)
- Ethiopia (6.3K tons)
Imports of Iron or Steel Towers in China
Iron or steel towers imports into China soared to 1.2K tons in 2022, picking up by 464% on 2021 figures. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,821%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, iron or steel towers imports surged to $9.2M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 710%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Iron or Steel Towers in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | 1.0 | 9.0 | 800.0% |
| Germany | N/A | N/A | N/A | 0.2 | 0% |
| Russia | 0.1 | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | N/A | 1.2 | N/A | 0% |
| Others | 0.2 | 0.3 | N/A | N/A | 50.0% |
| Total | 0.3 | 0.3 | 2.2 | 9.2 | 213.0% |
Top Suppliers of Iron or Steel Towers to China in 2022:
- Belgium (1136.8 tons)
- Germany (20.4 tons)
This report provides an in-depth analysis of the market for iron or steel towers 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 25112200 - Iron or steel towers and lattice masts
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
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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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