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

Market Size for Iron Ores And Concentrates in Eastern Asia

The East Asian iron ore and concentrate market fell slightly to $X in 2020, leveling off at the previous year. Overall, consumption, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2019 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Production of Iron Ores And Concentrates in Eastern Asia

In value terms, iron ore and concentrate production rose significantly to $X in 2020 estimated in export prices. Over the period under review, production, however, saw a abrupt downturn. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. As a result, production reached the peak level of $X. from 2012 to 2020, production growth remained at a lower figure.

Production By Country in Eastern Asia

China (X tonnes) constituted the country with the largest volume of iron ore and concentrate production, accounting for X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in China totaled +X%.

Exports of Iron Ores And Concentrates

Exports in Eastern Asia

For the third consecutive year, Eastern Asia recorded growth in shipments abroad of iron ores and concentrates, which increased by X% to X tonnes in 2020. Overall, exports saw significant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, iron ore and concentrate exports skyrocketed to $X in 2020. Over the period under review, exports saw a significant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates iron ore and concentrate exports structure, resulting at X tonnes, which was near X% of total exports in 2020. The following exporters - Democratic People's Republic of Korea (X tonnes), Macao SAR (X tonnes) and South Korea (X tonnes) - each resulted at a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to iron ore and concentrate exports from China stood at +X%. At the same time, Macao SAR (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +X% from 2007-2020. By contrast, Democratic People's Republic of Korea (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of China and Macao SAR increased by +X% and +X% percentage points, while South Korea (-X p.p.) and Democratic People's Republic of Korea (-X p.p.) saw their share reduced.

In value terms, China ($X) remains the largest iron ore and concentrate supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports. It was followed by Democratic People's Republic of Korea, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (+X% per year) and Democratic People's Republic of Korea (-X% per year).

Export Prices by Country

The iron ore and concentrate export price in Eastern Asia stood at $X per tonne in 2020, surging by X% against the previous year. Over the period under review, the export price continues to indicate a tangible increase. The pace of growth was the most pronounced in 2010 an increase of X% against the previous year. Over the period under review, export prices reached the maximum at $X per tonne in 2011; however, from 2012 to 2020, export prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced a decline in the export price figures.

Imports of Iron Ores And Concentrates

Imports in Eastern Asia

In 2020, approx. X tonnes of iron ores and concentrates were imported in Eastern Asia; picking up by X% compared with the previous year. Total imports indicated a prominent expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, iron ore and concentrate imports soared to $X in 2020. In general, imports showed a buoyant expansion. The growth pace was the most rapid in 2019 when imports increased by X% year-to-year. The level of import peaked in 2020 and is likely to continue growth in the near future.

Imports by Country

China dominates iron ore and concentrate imports structure, finishing at X tonnes, which was approx. X% of total imports in 2020. Japan (X tonnes) ranks second in terms of the total imports with a X% share, followed by South Korea (X%).

China was also the fastest-growing in terms of the iron ores and concentrates imports, with a CAGR of +X% from 2007 to 2020. At the same time, South Korea (+X%) displayed positive paces of growth. By contrast, Japan (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of South Korea (-X p.p.) and Japan (-X p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported iron ores and concentrates in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value in China totaled +X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2020, the iron ore and concentrate import price in Eastern Asia amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price continues to indicate a slight expansion. The pace of growth was the most pronounced in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was China ($X per tonne), while Japan ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron ores and concentrates in Eastern Asia?
+
China (1,404M tonnes) constituted the country with the largest volume of iron ore and concentrate consumption, comprising approx. 88% of total volume. Moreover, iron ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, Japan (99M tonnes), more than tenfold.
What are the largest producers of iron ores and concentrates in Eastern Asia?
+
China (340M tonnes) constituted the country with the largest volume of iron ore and concentrate production, comprising approx. 99% of total volume.
What are the leading suppliers of iron ores and concentrates in Eastern Asia?
+
In value terms, China ($1.6B) remains the largest iron ore and concentrate supplier in Eastern Asia, comprising 97% of total exports. The second position in the ranking was occupied by South Korea ($9.3M), with a 0.6% share of total exports. It was followed by Democratic People's Republic of Korea, with a 0.4% share.
What are the leading importers of iron ores and concentrates in Eastern Asia?
+
In value terms, China ($118.9B) constitutes the largest market for imported iron ores and concentrates in Eastern Asia, comprising 86% of total imports. The second position in the ranking was occupied by Japan ($9.7B), with a 7% share of total imports.
What is the average export price for iron ores and concentrates in Eastern Asia?
+
The iron ore and concentrate export price in Eastern Asia stood at $101 per tonne in 2020, increasing by 35% against the previous year.
What is the average import price for iron ores and concentrates in Eastern Asia?
+
In 2020, the iron ore and concentrate import price in Eastern Asia amounted to $101 per tonne, increasing by 10% against the previous year.

Product coverage:

This report provides an in-depth analysis of the market for iron ore and concentrate 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:
• Democratic People's Republic of Korea
• Macao SAR
• 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 2007–2020
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 2007–2020
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• Hong Kong SAR
• Macao SAR
• Japan
• South Korea
• Taiwan (Chinese)
• Democratic People's Republic of Korea
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
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, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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