Eastern Asia: Heavy Sections Market 2020

Heavy Sections Market Size in Eastern Asia

The revenue of the heavy sections market in Eastern Asia amounted to $X in 2017, picking up by X% against the previous year. The heavy sections consumption continues to indicate a strong increase. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. Over the period under review, the heavy sections market attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Heavy Sections Production in Eastern Asia

The heavy sections production amounted to X tons in 2017, approximately reflecting the previous year. The heavy sections production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. The volume of heavy sections production peaked in 2017, and is likely to continue its growth in the near future.

Heavy Sections Exports in Eastern Asia

In 2017, approx. X tons of heavy sections were exported in Eastern Asia; shrinking by -X% against the previous year. The heavy sections exports continue to indicate a deep downturn. The growth pace was the most rapid in 2013, when it surged by X% y-o-y. Over the period under review, the heavy sections exports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, heavy sections exports totaled $X in 2017. The heavy sections exports continue to indicate a deep deduction. In that year, the heavy sections exports reached their peak level of $X. From 2009 to 2017, growth of the heavy sections exports stood at a somewhat lower level.

Heavy Sections Exports by Country in Eastern Asia

In 2017, South Korea (X tons) was the major exporter for heavy sections, creating X% of total exports. China (X tons) ranks second in terms of the global exports with a X% share, followed by Japan (X%) and Taiwan, Chinese (X%). China, Hong Kong SAR (X tons) followed a long way behind the leaders.

South Korea was also the fastest growing in terms of the heavy sections exports, with a CAGR of -X% from 2007 to 2017. Japan (-X%), China, Hong Kong SAR (-X%), Taiwan, Chinese (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Taiwan, Chinese, South Korea and Japan increased by X%, X%, X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) remains the largest heavy sections supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

In South Korea, heavy sections exports shrank by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: China (-X% per year) and Japan (-X% per year).

Heavy Sections Export Prices by Country in Eastern Asia

In 2017, the heavy sections export price in Eastern Asia amounted to $X per ton, growing by X% against the previous year. The heavy sections export price continues to indicate a mild slump. The pace of growth was the most pronounced in 2011, when it surged 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 China, Hong Kong SAR ($X per ton) and Taiwan, Chinese ($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 export prices was attained by China (+X% per year), while the other leaders experienced a decline in the export price figures.

Heavy Sections Imports in Eastern Asia

In 2017, approx. X tons of heavy sections were imported in Eastern Asia; coming down by -X% against the previous year. The heavy sections imports continue to indicate a noticeable deduction. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, the heavy sections imports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, heavy sections imports totaled $X in 2017. The heavy sections imports continue to indicate a deep shrinkage. Over the period under review, the heavy sections imports reached its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Heavy Sections Imports by Country in Eastern Asia

South Korea (X tons) and China, Hong Kong SAR (X tons) represented the key importers of heavy sections in 2017, accounting for near X% and X% of total imports, respectively. Japan (X tons) ranks second in terms of the global imports with a X% share, followed by Taiwan, Chinese (X%) and China (X%).

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, South Korea ($X), China, Hong Kong SAR ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports. These countries were followed by China and Taiwan, Chinese, which together accounted for a further X%.

Among the main importing countries , Taiwan, Chinese (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Heavy Sections Import Prices by Country in Eastern Asia

In 2017, the heavy sections import price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. The heavy sections import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. In that year, the import prices for heavy sections attained their peak level of $X per ton. From 2009 to 2017, growth of the import prices for heavy sections 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 ($X per ton) and China, Hong Kong SAR ($X per ton), while Taiwan, Chinese ($X per ton) and Japan ($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 China (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform