Eastern Asia: Metallurgy-Used Converter Market 2020

Metallurgy-Used Converter Market Size in Eastern Asia

The revenue of the metallurgy-used converter market in Eastern Asia amounted to $X in 2017, rising by X% against the previous year. The metallurgy-used converter consumption continues to indicate a skyrocketing increase. The growth pace was the most rapid in 2017, when market value increased by X% year-to-year. In that year, the metallurgy-used converter market reached their peak level, and is likely to continue its growth in the immediate term.

Metallurgy-Used Converter Production in Eastern Asia

In 2017, approx. X units of metallurgy-used converters, ladles, ingot moulds and casting machines were produced in Eastern Asia; surging by X% against the previous year. The metallurgy-used converter production continues to indicate a remarkable increase. The growth pace was the most rapid in 2014, when the output figure increased by X% against the previous year. Over the period under review, the metallurgy-used converter production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Metallurgy-Used Converter Exports in Eastern Asia

In 2017, the amount of metallurgy-used converters, ladles, ingot moulds and casting machines exported in Eastern Asia amounted to X units, surging by X% against the previous year. The metallurgy-used converter exports continue to indicate a deep decrease. The most prominent rate of growth was recorded in 2015, with an increase of X% against the previous year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, metallurgy-used converter exports stood at $X in 2017. The metallurgy-used converter exports continue to indicate a slight decrease. In that year, the metallurgy-used converter exports reached their peak level of $X. From 2012 to 2017, growth of the metallurgy-used converter exports failed to regain its momentum.

Metallurgy-Used Converter Exports by Country in Eastern Asia

In 2017, China (X units) was the key exporter for metallurgy-used converters, ladles, ingot moulds and casting machines, mixed up X% of total exports. Taiwan, Chinese (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by Japan (X%).

From 2007 to 2017, average annual rates of growth with regard to metallurgy-used converter exports from China stood at -X%. At the same time, Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, Taiwan, Chinese emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China increased by X% percentage points, while Taiwan, Chinese (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and Taiwan, Chinese ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports.

China (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced a decline in the exports figures.

Metallurgy-Used Converter Export Prices by Country in Eastern Asia

In 2017, the metallurgy-used converter export price in Eastern Asia amounted to $X thousand per unit, coming up by X% against the previous year. The metallurgy-used converter export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% year-to-year. Over the period under review, the export prices for metallurgy-used converters, ladles, ingot moulds and casting machines reached its peak figure level of $X thousand per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X thousand per unit), while Taiwan, Chinese ($X thousand per unit) was 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.

Metallurgy-Used Converter Imports in Eastern Asia

In 2017, the amount of metallurgy-used converters, ladles, ingot moulds and casting machines imported in Eastern Asia stood at X units, going up by X% against the previous year. The metallurgy-used converter imports continue to indicate a deep decline. The growth pace was the most rapid in 2012, with an increase of X% y-o-y. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, metallurgy-used converter imports stood at $X in 2017. The metallurgy-used converter imports continue to indicate a moderate downturn. Over the period under review, the metallurgy-used converter imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Metallurgy-Used Converter Imports by Country in Eastern Asia

In 2017, China (X units) represented the major importer for metallurgy-used converters, ladles, ingot moulds and casting machines, generating X% of total imports. South Korea (X units) took the second position in the ranking, distantly followed by Japan (X units). All these countries together occupied approx. X% share of total imports. Taiwan, Chinese (X units) took the mild share of total imports.

Imports into China decreased at an average annual rate of -X% from 2007 to 2017. At the same time, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. Japan experienced a relatively flat trend pattern. By contrast, Taiwan, Chinese (-X%) illustrated a downward trend over the same period. While the share of China (X%) and Taiwan, Chinese (X%) increased significantly in terms of the global imports from 2007-2017, the share of South Korea (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported metallurgy-used converters, ladles, ingot moulds and casting machines in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at -X%. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and Japan (+X% per year).

Metallurgy-Used Converter Import Prices by Country in Eastern Asia

In 2017, the metallurgy-used converter import price in Eastern Asia amounted to $X thousand per unit, shrinking by -X% against the previous year. The metallurgy-used converter import price continues to indicate a measured growth. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% against the previous year. In that year, the import prices for metallurgy-used converters, ladles, ingot moulds and casting machines attained their peak level of $X thousand per unit. From 2012 to 2017, growth of the import prices for metallurgy-used converters, ladles, ingot moulds and casting machines failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Taiwan, Chinese ($X thousand per unit), while South Korea ($X thousand per unit) was amongst the lowest.

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

Source: IndexBox Platform