Latest Report Update: Jan 5, 2021

Eastern Asia - Hot-Rolled Wire Rod In Coil Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
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Eastern Asia: Overview of the Market for Hot-Rolled Wire Rod In Coil Of Stainless Steel 2021

Market Size for Hot-Rolled Wire Rod In Coil Of Stainless Steel in Eastern Asia

The East Asian market for hot-rolled wire rod in coil of stainless steel declined rapidly to $X in 2019, with a decrease of -X% against the previous year. Over the period under review, consumption showed a pronounced reduction. The pace of growth was the most pronounced in 2018 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Production of Hot-Rolled Wire Rod In Coil Of Stainless Steel in Eastern Asia

In value terms, hot-rolled wire stainless steel rod production dropped to $X in 2019 estimated in export prices. Over the period under review, production, however, recorded a pronounced slump. The growth pace was the most rapid in 2011 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2012 to 2019, production growth remained at a somewhat lower figure.

Production By Country in Eastern Asia

The countries with the highest volumes of hot-rolled wire stainless steel rod production in 2019 were Taiwan (Chinese) (X tonnes), Japan (X tonnes) and China (X tonnes), with a combined X% share of total production.

From 2007 to 2019, the biggest increases were in China, while hot-rolled wire stainless steel rod production for the other leaders experienced mixed trends in the production figures.

Exports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Exports in Eastern Asia

After three years of growth, overseas shipments of hot-rolled wire rod in coil of stainless steel decreased by -X% to X tonnes in 2019. Total exports indicated a measured expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

In value terms, hot-rolled wire stainless steel rod exports dropped to $X in 2019. Over the period under review, exports, however, continue to indicate a mild decline. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

Exports by Country

China was the major exporter of hot-rolled wire rod in coil of stainless steel in Eastern Asia, with the volume of exports reaching X tonnes, which was near X% of total exports in 2019. Japan (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by South Korea (X%).

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by China, while exports for the other leaders experienced a decline in the exports figures.

In value terms, China ($X), Japan ($X) and South Korea ($X) were the countries with the highest levels of exports in 2019, together comprising X% of total exports.

In terms of the main exporting countries, China saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price for hot-rolled wire rod in coil of stainless steel in Eastern Asia stood at $X per tonne in 2019, waning by -X% against the previous year. In general, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2010 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced a decline in the export price figures.

Imports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Imports in Eastern Asia

In 2019, overseas purchases of hot-rolled wire rod in coil of stainless steel decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2009 to 2019, the growth imports failed to regain the momentum.

In value terms, hot-rolled wire stainless steel rod imports contracted sharply to $X in 2019. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2009 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, South Korea (X tonnes) was the key importer of hot-rolled wire rod in coil of stainless steel, mixing up X% of total imports. It was distantly followed by Japan (X tonnes), committing a X% share of total imports.

South Korea was also the fastest-growing in terms of the hot-rolled wire rod in coil of stainless steel imports, with a CAGR of +X% from 2007 to 2019. Japan (-X%) illustrated a downward trend over the same period. South Korea (+X p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by -X% from 2007 to 2019, respectively.

In value terms, South Korea ($X) constitutes the largest market for imported hot-rolled wire rod in coil of stainless steel in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value in South Korea was relatively modest.

Import Prices by Country

In 2019, the import price for hot-rolled wire rod in coil of stainless steel in Eastern Asia amounted to $X per tonne, waning by -X% against the previous year. Overall, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2011 when the import price increased by X% y-o-y. The level of import peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major importing countries. In 2019, the country with the highest price was Japan ($X per tonne), while South Korea stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled wire rod in coil of stainless steel in Eastern Asia?
+
The country with the largest volume of hot-rolled wire stainless steel rod consumption was Taiwan (Chinese) (148K tonnes), comprising approx. 115% of total volume. Moreover, hot-rolled wire stainless steel rod consumption in Taiwan (Chinese) exceeded the figures recorded by the second-largest consumer, Japan (19K tonnes), eightfold.
What are the largest producers of hot-rolled wire rod in coil of stainless steel in Eastern Asia?
+
The countries with the highest volumes of hot-rolled wire stainless steel rod production in 2019 were Taiwan (Chinese) (148K tonnes), Japan (85K tonnes) and China (64K tonnes), together comprising 100% of total production.
What are the leading suppliers of hot-rolled wire rod in coil of stainless steel in Eastern Asia?
+
In value terms, the largest hot-rolled wire stainless steel rod supplying countries in Eastern Asia were China ($250M), Japan ($237M) and South Korea ($133M), together comprising 100% of total exports.
What are the leading importers of hot-rolled wire rod in coil of stainless steel in Eastern Asia?
+
In value terms, South Korea ($152M) constitutes the largest market for imported hot-rolled wire rod in coil of stainless steel in Eastern Asia, comprising 85% of total imports. The second position in the ranking was occupied by Japan ($24M), with a 13% share of total imports.
What is the average export price for hot-rolled wire rod in coil of stainless steel in Eastern Asia?
+
The export price for hot-rolled wire rod in coil of stainless steel in Eastern Asia stood at $2,438 per tonne in 2019, declining by -2.3% against the previous year.
What is the average import price for hot-rolled wire rod in coil of stainless steel in Eastern Asia?
+
In 2019, the import price for hot-rolled wire rod in coil of stainless steel in Eastern Asia amounted to $2,074 per tonne, waning by -19.8% against the previous year.

Product coverage:
• Prodcom 24106300 - Hot-rolled wire rod in coil, of stainless steel

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Eastern Asia. 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:
• China, Macao SAR
• Democratic People's Republic of Korea
• Taiwan, Chinese

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• 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
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• China, Hong Kong SAR
• China, Macao SAR
• Japan
• South Korea
• Taiwan, Chinese
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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