Eastern Asia: Electrical Strip Market 2020

Electrical Strip Market Size in Eastern Asia

The revenue of the electrical strip market in Eastern Asia amounted to $X in 2017, growing by X% against the previous year. The electrical strip consumption continues to indicate a drastic slump. The pace of growth appeared the most rapid in 2017, when it surged by X% against the previous year. The level of electrical strip consumption peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Electrical Strip Production in Eastern Asia

The electrical strip production amounted to X tons in 2017, remaining stable against the previous year. The electrical strip production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, with an increase of X% y-o-y. Over the period under review, the electrical strip production reached its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Electrical Strip Exports in Eastern Asia

In 2017, the amount of electrical sheet and strip exported in Eastern Asia stood at X tons, shrinking by -X% against the previous year. The electrical strip exports continue to indicate a remarkable growth. The pace of growth was the most pronounced in 2014, when it surged by X% y-o-y. The volume of exports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, electrical strip exports totaled $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the electrical strip exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Electrical Strip Exports by Country in Eastern Asia

China was the largest exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Japan (X tons), South Korea (X tons) and Taiwan, Chinese (X tons), together comprising X% share of total exports.

China was also the fastest growing in terms of the electrical sheet and strip exports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%) and Japan (+X%) displayed positive paces of growth. By contrast, Taiwan, Chinese (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Japan, South Korea and China decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical strip markets worldwide were China ($X), Japan ($X) and South Korea ($X), together accounting for X% of total exports.

In terms of the main exporting countries , China (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Electrical Strip Export Prices by Country in Eastern Asia

In 2017, the electrical strip export price in Eastern Asia amounted to $X per ton, going up by X% against the previous year. The electrical strip export price continues to indicate a moderate decrease. The pace of growth was the most pronounced in 2017, when the export prices increased by X% against the previous year. The level of export price peaked of $X per ton in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Japan ($X per ton) and South Korea ($X per ton), while China ($X per ton) and Taiwan, Chinese ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced a decline in the export price figures.

Electrical Strip Imports in Eastern Asia

The imports totaled X tons in 2017, stabilizing at the previous year. The electrical strip imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2016, when imports increased by X% year-to-year. Over the period under review, the electrical strip imports reached its peak figure volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, electrical strip imports totaled $X in 2017. The electrical strip imports continue to indicate a temperate setback. Over the period under review, the electrical strip imports reached its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Electrical Strip Imports by Country in Eastern Asia

China represented the major importer of electrical sheet and strip in Eastern Asia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2017. South Korea (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Japan (X%) and Taiwan, Chinese (X%). China, Hong Kong SAR (X tons) occupied the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported electrical sheet and strip in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China totaled -X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Japan (+X% per year).

Electrical Strip Import Prices by Country in Eastern Asia

In 2017, the electrical strip import price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. The electrical strip import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. In that year, the import prices for electrical sheet and strip reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for electrical sheet and strip stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in China ($X per ton) and Taiwan, Chinese ($X per ton), while South Korea ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform