Report Asia - Base Metal Coated Electrodes for Electric Arc-Welding - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 30, 2022

Asia - Base Metal Coated Electrodes for Electric Arc-Welding - Market Analysis, Forecast, Size, Trends and Insights

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Asia: Metal Coated Electrode Market 2022

Metal Coated Electrode Market Size in Asia

The Asian metal coated electrode market was finally on the rise to reach $X in 2021, after eight years of decline. Over the period under review, consumption, however, saw a noticeable reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Metal Coated Electrode Production in Asia

In value terms, metal coated electrode production reached $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Metal Coated Electrode Exports

Exports in Asia

In 2021, overseas shipments of base metal coated electrodes for electric arc-welding decreased by -X% to X tons, falling for the second year in a row after three years of growth. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal coated electrode exports stood at $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China dominates exports structure, recording X tons, which was approx. X% of total exports in 2021. It was distantly followed by Turkey (X tons), making up a X% share of total exports. The following exporters - India (X tons), South Korea (X tons), Malaysia (X tons), Singapore (X tons), Thailand (X tons), Japan (X tons), Vietnam (X tons) and Indonesia (X tons) - together made up X% of total exports.

Exports from China increased at an average annual rate of +X% from 2012 to 2021. At the same time, Vietnam (+X%), India (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. Turkey experienced a relatively flat trend pattern. By contrast, Japan (-X%), South Korea (-X%), Malaysia (-X%), Indonesia (-X%) and Singapore (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Singapore (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal coated electrode supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (-X% per year) and Japan (-X% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the export prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

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

Metal Coated Electrode Imports

Imports in Asia

In 2021, overseas purchases of base metal coated electrodes for electric arc-welding decreased by -X% to X tons, falling for the third year in a row after two years of growth. In general, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, metal coated electrode imports amounted to $X in 2021. Overall, imports saw a mild decrease. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The purchases of the twelve major importers of base metal coated electrodes for electric arc-welding, namely the United Arab Emirates, Indonesia, the Philippines, Kazakhstan, Saudi Arabia, Iraq, Vietnam, Myanmar, Uzbekistan, Malaysia, Thailand and Pakistan, represented more than half of total import. Bangladesh (X tons) followed a long way behind the leaders.

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

In value terms, the largest metal coated electrode importing markets in Asia were Indonesia ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), with a combined X% share of total imports. These countries were followed by Thailand, Vietnam, Malaysia, Kazakhstan, Iraq, the Philippines, Uzbekistan, Pakistan, Bangladesh and Myanmar, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to 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, rising by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

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

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for base metal coated electrodes for electric arc-welding in Asia?
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The country with the largest volume of metal coated electrode consumption was China, accounting for 34% of total volume. Moreover, metal coated electrode consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was taken by Turkey, with a 12% share.
What are the largest producers of base metal coated electrodes for electric arc-welding in Asia?
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China constituted the country with the largest volume of metal coated electrode production, accounting for 61% of total volume. Moreover, metal coated electrode production in China exceeded the figures recorded by the second-largest producer, Turkey, fivefold. The third position in this ranking was taken by India, with a 12% share.
What are the leading suppliers of base metal coated electrodes for electric arc-welding in Asia?
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In value terms, China remains the largest metal coated electrode supplier in Asia, comprising 58% of total exports. The second position in the ranking was taken by Turkey, with a 7.8% share of total exports. It was followed by Japan, with a 6.4% share.
What are the leading importers of base metal coated electrodes for electric arc-welding in Asia?
+
In value terms, Indonesia, the United Arab Emirates and Saudi Arabia appeared to be the countries with the highest levels of imports in 2021, together accounting for 25% of total imports. Thailand, Vietnam, Malaysia, Kazakhstan, Iraq, the Philippines, Uzbekistan, Pakistan, Bangladesh and Myanmar lagged somewhat behind, together comprising a further 33%.
What is the average export price for base metal coated electrodes for electric arc-welding in Asia?
+
The export price in Asia stood at $1,295 per ton in 2021, increasing by 13% against the previous year.
What is the average import price for base metal coated electrodes for electric arc-welding in Asia?
+
The import price in Asia stood at $1,641 per ton in 2021, increasing by 9.9% against the previous year.

This report provides an in-depth analysis of the metal coated electrode 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 25931510 - Base metal coated electrodes for electric arc-welding
Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• 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
REPORT DESCRIPTION
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 PRODUCT

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 2012–2022
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 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
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, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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