Asia: Unwrought Lead Market 2021

Unwrought Lead Market Size in Asia

In 2020, the Asian unwrought lead market increased by X% to $X, rising for the fifth consecutive year after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2014 to 2020, the growth of the market failed to regain the momentum.

Unwrought Lead Production in Asia

In value terms, unwrought lead production expanded slightly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2020, production growth remained at a lower figure.

Production By Country in Asia

China (X tons) remains the largest unwrought lead producing country in Asia, accounting for X% of total volume. Moreover, unwrought lead production in China exceeded the figures recorded by the second-largest producer, India (X tons), threefold. Japan (X tons) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Japan (+X% per year).

Unwrought Lead Exports

Exports in Asia

In 2020, unwrought lead exports in Asia rose remarkably to X tons, increasing by X% against 2019. Total exports indicated temperate growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The volume of export peaked in 2020 and is expected to retain growth in the immediate term.

In value terms, unwrought lead exports expanded remarkably to $X in 2020. Total exports indicated a tangible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. The level of export peaked in 2020 and is expected to retain growth in the immediate term.

Exports by Country

In 2020, South Korea (X tons) was the main exporter of unwrought lead, generating X% of total exports. India (X tons) ranks second in terms of the total exports with a X% share, followed by Vietnam (X%), the United Arab Emirates (X%), Bangladesh (X%) and Taiwan (Chinese) (X%). The following exporters - the Philippines (X tons), Malaysia (X tons), Georgia (X tons), Myanmar (X tons), Lao People's Democratic Republic (X tons) and Kazakhstan (X tons) - together made up X% of total exports.

From 2007 to 2020, average annual rates of growth with regard to unwrought lead exports from South Korea stood at +X%. At the same time, Bangladesh (+X%), India (+X%), Georgia (+X%), Myanmar (+X%), Lao People's Democratic Republic (+X%), the United Arab Emirates (+X%), Malaysia (+X%) and the Philippines (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2020. Vietnam experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-X%) and Kazakhstan (-X%) illustrated a downward trend over the same period. While the share of South Korea (+X p.p.), Vietnam (+X p.p.), India (+X p.p.), the United Arab Emirates (+X p.p.), Bangladesh (+X p.p.), Georgia (+X p.p.) and Myanmar (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Taiwan (Chinese) (-X p.p.) and Kazakhstan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) remains the largest unwrought lead supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

In South Korea, unwrought lead exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: India (+X% per year) and Vietnam (X% per year).

Export Prices by Country

The unwrought lead export price in Asia stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by X% year-to-year. Over the period under review, export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in South Korea ($X per ton) and Bangladesh ($X per ton), while Kazakhstan ($X per ton) and Georgia ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Myanmar, while the other leaders experienced more modest paces of growth.

Unwrought Lead Imports

Imports in Asia

In 2020, supplies from abroad of unwrought lead decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Total imports indicated pronounced growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. The volume of import peaked at X tons in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, unwrought lead imports declined rapidly to $X in 2020. Total imports indicated noticeable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

India represented the largest importing country with an import of around X tons, which resulted at X% of total imports. Vietnam (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by China (X%). Indonesia (X tons), South Korea (X tons), the United Arab Emirates (X tons), Thailand (X tons) and Taiwan (Chinese) (X tons) held a relatively small share of total imports.

Imports into India increased at an average annual rate of +X% from 2007 to 2020. At the same time, the United Arab Emirates (+X%), Vietnam (+X%), China (+X%), Indonesia (+X%), South Korea (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2007-2020. By contrast, Taiwan (Chinese) (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Vietnam, India and the United Arab Emirates increased by +X%, +X% and +X% percentage points, while South Korea (-X p.p.) and Taiwan (Chinese) (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported unwrought lead in Asia, comprising X% of total imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total imports. It was followed by China, with a X% share.

In India, unwrought lead imports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Vietnam (+X% per year) and China (+X% per year).

Import Prices by Country

The unwrought lead import price in Asia stood at $X per ton in 2020, shrinking by -X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X% year-to-year. As a result, import price reached the peak level of $X per ton. From 2018 to 2020, the growth in terms of the import prices failed to regain the momentum.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Indonesia ($X per ton) and Vietnam ($X per ton), while China ($X per ton) and India ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced mixed trends in the import price figures.

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Source: IndexBox Platform

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