Asia-Pacific: Barbed Wire Market 2024

Barbed Wire Market Size in Asia-Pacific

The Asia-Pacific barbed wire market shrank slightly to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Barbed Wire Production in Asia-Pacific

In value terms, barbed wire production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Barbed Wire Exports

Exports in Asia-Pacific

For the fourth consecutive year, Asia-Pacific recorded growth in shipments abroad of barbed wire and entanglements, which increased by X% to X tons in 2022. Total exports indicated resilient 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 was the most pronounced in 2017 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, barbed wire exports soared to $X in 2022. Over the period under review, exports saw a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Thailand (X tons), creating a X% share of total exports. The following exporters - New Zealand (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 2022. At the same time, New Zealand (X%) and Thailand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Indonesia (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 2012-2022, the share of Thailand (X p.p.) and Indonesia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest barbed wire supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by New Zealand, with a X% share.

In China, barbed wire exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and New Zealand (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: 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-Pacific

In 2022, supplies from abroad of barbed wire and entanglements increased by X% to X tons, rising for the fourth consecutive year after three years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, barbed wire imports rose modestly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

The Philippines represented the major importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Thailand (X tons), Myanmar (X tons), Lao People's Democratic Republic (X tons), India (X tons), Papua New Guinea (X tons), South Korea (X tons) and Malaysia (X tons), together committing a X% 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%), Papua New Guinea (X%), Thailand (X%), India (X%), Malaysia (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. The Philippines (X p.p.), Thailand (X p.p.), Myanmar (X p.p.), Lao People's Democratic Republic (X p.p.), Papua New Guinea (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Philippines ($X), Thailand ($X) and India ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Malaysia, Lao People's Democratic Republic, South Korea, Myanmar and Papua New Guinea 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%, recorded 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-Pacific amounted to $X per ton, declining by X% against the previous year. Overall, the import price recorded a slight descent. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

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 India ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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