Asia: Barbed Wire Market 2024

Barbed Wire Market Size in Asia

The Asian barbed wire market reduced to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, recorded a notable expansion. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Barbed Wire Production in Asia

In value terms, barbed wire production declined to $X in 2022 estimated in export price. Overall, production enjoyed tangible growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Barbed Wire Exports

Exports in Asia

In 2022, the amount of barbed wire and entanglements exported in Asia surged to X tons, increasing by X% on the previous year's figure. Total exports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, barbed wire exports surged to $X in 2022. In general, exports saw resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, China (X tons) was the main exporter of barbed wire and entanglements, mixing up X% of total exports. It was distantly followed by Turkey (X tons) and Thailand (X tons), together creating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to barbed wire exports from China stood at X%. At the same time, Turkey (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of China and Turkey increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest barbed wire supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Barbed Wire Imports

Imports in Asia

In 2022, the amount of barbed wire and entanglements imported in Asia expanded remarkably to X tons, picking up by X% against 2021. Over the period under review, imports, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, barbed wire imports surged to $X in 2022. Overall, imports, however, saw a mild curtailment. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the Philippines (X tons), distantly followed by Kazakhstan (X tons), Iraq (X tons), Thailand (X tons), the United Arab Emirates (X tons) and Myanmar (X tons) represented the main importers of barbed wire and entanglements, together committing X% of total imports. Lao People's Democratic Republic (X tons), India (X tons), South Korea (X tons), Malaysia (X tons), Singapore (X tons), Israel (X tons) and Mongolia (X tons) took a little share of total imports.

Imports into the Philippines increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%), Lao People's Democratic Republic (X%), Thailand (X%), India (X%), Kazakhstan (X%), Mongolia (X%), Malaysia (X%), South Korea (X%), Iraq (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Israel (X%) and Singapore (X%) illustrated a downward trend over the same period. The Philippines (X p.p.), Kazakhstan (X p.p.), Thailand (X p.p.), Myanmar (X p.p.), Iraq (X p.p.), Lao People's Democratic Republic (X p.p.), India (X p.p.), Malaysia (X p.p.), the United Arab Emirates (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iraq ($X), the Philippines ($X) and Kazakhstan ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Thailand, the United Arab Emirates, India, Malaysia, Lao People's Democratic Republic, South Korea, Israel, Myanmar, Singapore and Mongolia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Lao People's Democratic Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Iraq ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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