Hong Kong SAR, China - Sheet Piling Of Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSteel Sheet Piling Price in Hong Kong SAR - 2023
Contents:
- Steel Sheet Piling Price in Hong Kong SAR (CIF) - 2023
- Steel Sheet Piling Price in Hong Kong SAR (FOB) - 2022
- Steel Sheet Piling Imports in Hong Kong SAR
- Steel Sheet Piling Exports in Hong Kong SAR
Steel Sheet Piling Price in Hong Kong SAR (CIF) - 2023
The average steel sheet piling import price stood at $592 per ton in August 2023, with a decrease of -3% against the previous month. Over the period under review, the import price saw a abrupt slump. The growth pace was the most rapid in November 2022 when the average import price increased by 12% m-o-m. Over the period under review, average import prices reached the maximum at $1,280 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From August 2022 to August 2023, the rate of growth in terms of prices for Belgium amounted to +2.8% per month.
Steel Sheet Piling Price in Hong Kong SAR (FOB) - 2022
In 2022, the average steel sheet piling export price amounted to $1,016 per ton, jumping by 17% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices attained the maximum at $1,063 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($1,020 per ton), while the average price for exports to China stood at $886 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+2.7%).
Steel Sheet Piling Imports in Hong Kong SAR
In 2022, overseas purchases of sheet piling of steel decreased by -20.1% to 86K tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 33% against the previous year. As a result, imports reached the peak of 141K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, steel sheet piling imports fell to $79M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 35% against the previous year.
Import of Steel Sheet Piling in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 44.2 | 48.8 | 65.9 | 62.8 | 12.4% |
Japan | 3.8 | 7.3 | 7.9 | 8.8 | 32.3% |
Belgium | N/A | N/A | 6.7 | 4.0 | -40.3% |
Thailand | 1.8 | 1.3 | 9.5 | 2.7 | 14.5% |
South Korea | 7.2 | 20.0 | 0.3 | N/A | -79.6% |
Others | 0.1 | N/A | 0.3 | 1.0 | 115.4% |
Total | 57.2 | 77.4 | 90.6 | 79.4 | 11.6% |
Top Suppliers of Steel Sheet Piling to Hong Kong SAR in 2022:
- China (70.2K tons)
- Japan (8.1K tons)
- Belgium (3.5K tons)
- Thailand (2.7K tons)
Steel Sheet Piling Exports in Hong Kong SAR
In 2022, shipments abroad of sheet piling of steel decreased by -81.5% to 1.7K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 380% against the previous year. As a result, the exports attained the peak of 34K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, steel sheet piling exports declined notably to $1.8M in 2022. Over the period under review, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 367% against the previous year. As a result, the exports attained the peak of $21M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Steel Sheet Piling in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 2.6 | 10.1 | 4.4 | 1.7 | -13.2% |
China | 1.9 | 11.1 | 3.8 | N/A | 41.4% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 4.5 | 21.2 | 8.1 | 1.8 | -26.3% |
Top Export Markets for Steel Sheet Piling from Hong Kong SAR in 2022:
- Macao SAR (1672.6 tons)
- China (52.7 tons)
This report provides an in-depth analysis of the steel sheet piling market in Hong Kong SAR, 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 24107410 - Sheet piling (of steel)
- Prodcom 2410T251 - Sheet piling
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, 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
This report provides an in-depth analysis of the steel sheet piling market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the steel sheet piling market in Hong Kong SAR, China.
In February 2023, the rate of growth for Steel Sheet Piling was the highest, recording an impressive increase of 2,055% compared to the previous month. However, in June 2023, the value of steel sheet piling imports declined to $3.9M.
In February 2023, the import of Sheet Piling experienced an extraordinary growth rate of 2,004% compared to the previous month. However, in October 2023, the value of sheet piling imports decreased significantly to $1.4M.
In 2016, approx. X tons of sheet piling were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. Overall, sheet piling imports continue to indicate...
In February 2023, the rate of growth for Steel Sheet Piling was the highest, recording an impressive increase of 2,055% compared to the previous month. However, in June 2023, the value of steel sheet piling imports declined to $3.9M.
In February 2023, the import of Sheet Piling experienced an extraordinary growth rate of 2,004% compared to the previous month. However, in October 2023, the value of sheet piling imports decreased significantly to $1.4M.
In 2016, approx. X tons of sheet piling were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. Overall, sheet piling imports continue to indicate...