Report Asia - Angles, Shapes and Sections (Of Iron or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 27, 2022

Asia - Angles, Shapes and Sections (Of Iron or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Iron Angle Market 2022

Iron Angle Market Size in Asia

In 2021, the Asian iron angle market decreased by -X% to $X for the first time since 2016, thus ending a four-year rising trend. The total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2016 indices. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Iron Angle Production in Asia

In value terms, iron angle production fell markedly to $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X, and then declined remarkably in the following year.

Production By Country in Asia

China (X tons) constituted the country with the largest volume of iron angle production, comprising approx. X% of total volume. Moreover, iron angle production in China exceeded the figures recorded by the second-largest producer, India (X tons), more than tenfold. Iran (X tons) ranked third in terms of total production with a X% share.

In China, iron angle production increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: India (+X% per year) and Iran (-X% per year).

Iron Angle Exports

Exports in Asia

In 2021, overseas shipments of angles, shapes and sections (of iron or non-alloy steel) were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports continue to indicate a relatively flat trend pattern. The volume of export peaked at X tons in 2018; afterwards, it flattened through to 2021.

In value terms, iron angle exports soared to $X in 2021. In general, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Turkey (X tons), distantly followed by South Korea (X tons), China (X tons), Japan (X tons), Thailand (X tons) and the United Arab Emirates (X tons) represented the largest exporters of angles, shapes and sections (of iron or non-alloy steel), together constituting X% of total exports. India (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by India (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest iron angle supplying countries in Asia were Turkey ($X), China ($X) and South Korea ($X), with a combined X% share of total exports. Japan, Thailand, the United Arab Emirates and India lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, with an increase of X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced more modest paces of growth.

Iron Angle Imports

Imports in Asia

In 2021, overseas purchases of angles, shapes and sections (of iron or non-alloy steel) decreased by -X% to X tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, iron angle imports skyrocketed to $X in 2021. Over the period under review, imports saw a noticeable setback. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

South Korea (X tons), Hong Kong SAR (X tons) and Malaysia (X tons) represented roughly X% of total imports in 2021. The Philippines (X tons) took the next position in the ranking, followed by Singapore (X tons), Turkey (X tons), Kazakhstan (X tons) and Saudi Arabia (X tons). All these countries together held approx. X% share of total imports. China (X tons), the United Arab Emirates (X tons), Iraq (X tons), Indonesia (X tons) and Israel (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), South Korea ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined X% share of total imports. These countries were followed by the Philippines, Turkey, China, Singapore, Kazakhstan, Saudi Arabia, Indonesia, the United Arab Emirates, Israel and Iraq, which together accounted for a further X Philippines, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, growing by X% against the previous year. In general, the import price, however, recorded a mild descent. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for angles, shapes and sections (of iron or non-alloy steel) in Asia?
+
China remains the largest iron angle consuming country in Asia, comprising approx. 74% of total volume. Moreover, iron angle consumption in China exceeded the figures recorded by the second-largest consumer, India, more than tenfold. The third position in this ranking was occupied by Iran, with a 5.1% share.
What are the largest producers of angles, shapes and sections (of iron or non-alloy steel) in Asia?
+
The country with the largest volume of iron angle production was China, accounting for 73% of total volume. Moreover, iron angle production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was occupied by Iran, with a 5% share.
What are the leading exporters of angles, shapes and sections (of iron or non-alloy steel) in Asia?
+
In value terms, the largest iron angle supplying countries in Asia were Turkey, China and South Korea, with a combined 66% share of total exports. These countries were followed by Japan, Thailand, the United Arab Emirates and India, which together accounted for a further 23%.
What are the leading importers of angles, shapes and sections (of iron or non-alloy steel) in Asia?
+
In value terms, the largest iron angle importing markets in Asia were Hong Kong SAR, South Korea and Malaysia, together accounting for 33% of total imports. The Philippines, Turkey, China, Singapore, Kazakhstan, Saudi Arabia, Indonesia, the United Arab Emirates, Israel and Iraq lagged somewhat behind, together accounting for a further 43%.
What is the average export price for angles, shapes and sections (of iron or non-alloy steel) in Asia?
+
In 2021, the export price in Asia amounted to $749 per ton, growing by 26% against the previous year.
What is the average import price for angles, shapes and sections (of iron or non-alloy steel) in Asia?
+
The import price in Asia stood at $702 per ton in 2021, surging by 18% against the previous year.

This report provides an in-depth analysis of the iron angle market in Asia. 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
• Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
• Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
• Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel
Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Vietnam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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