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China - Iron Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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China: Overview of the Market for Iron Ores And Concentrates 2021

Market Size for Iron Ores And Concentrates in China

The Chinese iron ore and concentrate market stood at $X in 2020, increasing by X% against the previous year. Over the period under review, consumption recorded buoyant growth. The most prominent rate of growth was recorded in 2009 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level in 2020 and is likely to see steady growth in years to come.

Production of Iron Ores And Concentrates in China

In value terms, iron ore and concentrate production expanded remarkably to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2012 to 2020, production growth remained at a lower figure.

Exports of Iron Ores And Concentrates

Exports from China

For the eleventh consecutive year, China recorded growth in shipments abroad of iron ores and concentrates, which increased by X% to X tonnes in 2020. In general, exports continue to indicate significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron ore and concentrate exports surged to $X in 2020. Overall, exports recorded significant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Japan (X tonnes) was the main destination for iron ore and concentrate exports from China, with a X% share of total exports. Moreover, iron ore and concentrate exports to Japan exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tonnes), twofold. The third position in this ranking was occupied by South Korea (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Japan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+X% per year) and South Korea (+X% per year).

In value terms, Japan ($X) remains the key foreign market for iron ore and concentrate exports from China, comprising X% of total exports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Japan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+X% per year) and South Korea (+X% per year).

Export Prices by Country

In 2020, the average iron ore and concentrate export price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a abrupt contraction. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2020, the countries with the highest prices were Malaysia ($X per tonne) and South Korea ($X per tonne), while the average price for exports to Viet Nam ($X per tonne) and Japan ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Korea, while the prices for the other major destinations experienced a decline.

Imports of Iron Ores And Concentrates

Imports into China

In 2020, iron ore and concentrate imports into China rose markedly to X tonnes, surging by X% compared with the previous year. In general, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2009 when imports increased by X% year-to-year. Imports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, iron ore and concentrate imports surged to $X in 2020. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Australia (X tonnes) constituted the largest supplier of iron ore and concentrate to China, accounting for a X% share of total imports. Moreover, iron ore and concentrate imports from Australia exceeded the figures recorded by the second-largest supplier, Brazil (X tonnes), threefold. The third position in this ranking was occupied by South Africa (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Australia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and South Africa (+X% per year).

In value terms, Australia ($X) constituted the largest supplier of iron ore and concentrate to China, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Australia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and South Africa (+X% per year).

Import Prices by Country

In 2020, the average iron ore and concentrate import price amounted to $X per tonne, growing by X% against the previous year. In general, the import price continues to indicate mild growth. The pace of growth was the most pronounced in 2019 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Ukraine ($X per tonne) and Brazil ($X per tonne), while the price for India ($X per tonne) and Australia ($X per tonne) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron ores and concentrates in the world?
+
China (1,493M tonnes) constituted the country with the largest volume of iron ore and concentrate consumption, accounting for 61% of total volume. Moreover, iron ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, India (178M tonnes), eightfold. Brazil (106M tonnes) ranked third in terms of total consumption with a 4.4% share.
What are the largest producers of iron ores and concentrates in the world?
+
Australia (900M tonnes) remains the largest iron ore and concentrate producing country worldwide, accounting for 37% of total volume. Moreover, iron ore and concentrate production in Australia exceeded the figures recorded by the second-largest producer, Brazil (400M tonnes), twofold. China (340M tonnes) ranked third in terms of total production with a 14% share.
What are the leading suppliers of iron ores and concentrates to China?
+
In value terms, Australia ($70.8B) constituted the largest supplier of iron ore and concentrate to China, comprising 60% of total imports. The second position in the ranking was occupied by Brazil ($25.7B), with a 22% share of total imports. It was followed by South Africa, with a 4.1% share.
What are the leading importers of iron ores and concentrates from China?
+
In value terms, Japan ($955M) remains the key foreign market for iron ore and concentrate exports from China, comprising 59% of total exports. The second position in the ranking was occupied by Taiwan (Chinese) ($437M), with a 27% share of total exports. It was followed by South Korea, with a 8.8% share.
What is the average export price for iron ores and concentrates in China?
+
In 2020, the average iron ore and concentrate export price amounted to $105 per tonne, growing by 25% against the previous year.
What is the average import price for iron ores and concentrates in China?
+
The average iron ore and concentrate import price stood at $102 per tonne in 2020, picking up by 9.2% against the previous year.

Product coverage:

This report provides an in-depth analysis of the market for iron ore and concentrate in China. 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 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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