China - Welded And Cold-Formed Sections Of Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Welded and Cold-Formed Steel Sections in China - 2023
Contents:
- Price for Welded and Cold-Formed Steel Sections in China (FOB) - 2022
- Price for Welded and Cold-Formed Steel Sections in China (CIF) - 2022
- Exports of Welded and Cold-Formed Steel Sections in China
- Imports of Welded and Cold-Formed Steel Sections in China
Price for Welded and Cold-Formed Steel Sections in China (FOB) - 2022
In 2022, the average export price for welded and cold-formed sections of steel amounted to $2,204 per ton, increasing by 55% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, welded and cold-formed steel sections export price increased by +90.9% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($6,782 per ton), while the average price for exports to Kyrgyzstan ($670 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 Qatar (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Welded and Cold-Formed Steel Sections in China (CIF) - 2022
The average import price for welded and cold-formed sections of steel stood at $2,367 per ton in 2022, growing by 12% against the previous year. In general, the import price enjoyed a measured expansion. The pace of growth appeared the most rapid in 2021 an increase of 44%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,599 per ton), while the price for Japan ($1,046 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Welded and Cold-Formed Steel Sections in China
Welded and cold-formed steel sections exports from China declined markedly to 10K tons in 2022, shrinking by -31.2% against 2021. Overall, exports saw a precipitous shrinkage. The smallest decline of -14.2% was in 2020.
In value terms, welded and cold-formed steel sections exports expanded significantly to $22M in 2022. In general, exports recorded a deep reduction.
| Export of Welded and Cold-Formed Steel Sections in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 8.0 | 7.4 | 5.7 | 8.0 | 0.0% |
| Philippines | 1.0 | 0.1 | 0.7 | 3.4 | 50.4% |
| Qatar | N/A | N/A | N/A | 3.0 | 0% |
| Singapore | 0.1 | 0.1 | 0.5 | 1.1 | 122.4% |
| Canada | 0.4 | 0.3 | 0.3 | 0.8 | 26.0% |
| South Korea | 0.2 | 0.3 | 0.1 | 0.6 | 44.2% |
| United States | 3.6 | 3.3 | 1.0 | 0.4 | -51.9% |
| Cambodia | 0.2 | 0.4 | 0.4 | 0.3 | 14.5% |
| Kenya | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
| United Arab Emirates | 0.8 | N/A | 0.6 | 0.2 | -37.0% |
| Bolivia | N/A | N/A | N/A | 0.2 | 0% |
| Kyrgyzstan | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Bangladesh | 2.8 | 2.4 | 1.1 | N/A | -37.3% |
| Others | 13.4 | 11.3 | 10.0 | 3.7 | -34.9% |
| Total | 30.7 | 25.8 | 20.8 | 22.2 | -10.2% |
Top Export Markets for Welded and Cold-Formed Steel Sections from China in 2022:
- Australia (2979.5 tons)
- Philippines (2258.7 tons)
- Singapore (959.2 tons)
- Qatar (447.6 tons)
- Cambodia (267.3 tons)
- Kenya (231.8 tons)
- Canada (220.4 tons)
- United Arab Emirates (186.0 tons)
- South Korea (170.1 tons)
- United States (169.8 tons)
- Kyrgyzstan (169.7 tons)
- Bolivia (149.0 tons)
Imports of Welded and Cold-Formed Steel Sections in China
In 2022, after two years of decline, there was significant growth in supplies from abroad of welded and cold-formed sections of steel, when their volume increased by 13% to 7.3K tons. Overall, imports, however, faced a dramatic decrease.
In value terms, welded and cold-formed steel sections imports skyrocketed to $17M in 2022. Over the period under review, imports, however, faced a deep downturn.
| Import of Welded and Cold-Formed Steel Sections in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 7.0 | 8.5 | 11.3 | 12.3 | 20.7% |
| United States | 0.6 | 0.3 | 1.7 | 3.4 | 78.3% |
| Germany | 0.4 | 2.5 | 0.4 | 0.6 | 14.5% |
| Japan | 18.0 | 13.0 | 0.2 | 0.5 | -69.7% |
| Luxembourg | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.1 | 0.6 | 0.1 | 0.2 | 26.0% |
| Total | 26.1 | 24.9 | 13.7 | 17.3 | -12.8% |
Top Suppliers of Welded and Cold-Formed Steel Sections to China in 2022:
- Austria (5.5K tons)
- United States (1.0K tons)
- Japan (0.5K tons)
- Germany (0.2K tons)
- Luxembourg (0.1K tons)
This report provides an in-depth analysis of the market for welded and cold-formed steel sections 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 24107420 - Welded and cold-formed sections (of steel)
- Prodcom 2410T260 - Welded sections
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.
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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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