Asia-Pacific: Sheet Piling Market 2024

Sheet Piling Market Size in Asia-Pacific

In 2022, after two years of growth, there was significant decline in the Asia-Pacific sheet piling market, when its value decreased by X% to $X. Overall, consumption continues to indicate a perceptible descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sheet Piling Production in Asia-Pacific

In value terms, sheet piling production amounted to $X in 2022 estimated in export price. Overall, production, however, showed a mild reduction. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Sheet Piling Exports

Exports in Asia-Pacific

In 2022, the amount of sheet piling, shapes and sections (of iron or steel) exported in Asia-Pacific surged to X tons, increasing by X% on the year before. Total exports indicated a buoyant increase 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 2019 indices. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheet piling exports skyrocketed to $X in 2022. Total exports indicated a tangible increase from 2012 to 2022: its value 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 2019 indices. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Japan (X tons), comprising a X% share of total exports. The following exporters - Thailand (X tons), Vietnam (X tons) and South Korea (X tons) - each reached a X% share of total exports.

China was also the fastest-growing in terms of the sheet piling, shapes and sections (of iron or steel) exports, with a CAGR of X% from 2012 to 2022. At the same time, Vietnam (X%) and Thailand (X%) displayed positive paces of growth. By contrast, Japan (X%) and South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest sheet piling supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

In China, sheet piling exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced mixed trends in the export price figures.

Sheet Piling Imports

Imports in Asia-Pacific

In 2022, sheet piling imports in Asia-Pacific rose notably to X tons, picking up by X% on 2021 figures. Overall, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, sheet piling imports surged to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The Philippines prevails in imports structure, amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by Hong Kong SAR (X tons), Bangladesh (X tons) and Singapore (X tons), together committing a X% share of total imports. The following importers - Taiwan (Chinese) (X tons), Malaysia (X tons), Indonesia (X tons) and India (X tons) - together made up X% of total imports.

The Philippines was also the fastest-growing in terms of the sheet piling, shapes and sections (of iron or steel) imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%), Taiwan (Chinese) (X%) and India (X%) displayed positive paces of growth. By contrast, Singapore (X%), Malaysia (X%), Hong Kong SAR (X%) and Indonesia (X%) illustrated a downward trend over the same period. The Philippines (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total imports, while Malaysia, Indonesia, Singapore and Hong Kong SAR saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Philippines ($X) constitutes the largest market for imported sheet piling, shapes and sections (of iron or steel) in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the Philippines stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Bangladesh (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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