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Eastern Asia - Railway Or Tramway Track Construction Material Of Iron Or Steel - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia: Overview of the Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2021

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Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in Eastern Asia

In 2020, the East Asian market for railway or tramway track construction material of iron or steel increased by X% to $X, rising for the fourth year in a row after three years of decline. The total consumption indicated moderate growth from 2007 to 2020: its value 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, consumption increased by +X% against 2016 indices. The growth pace was the most rapid in 2009 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in the immediate term.

Production of Railway Or Tramway Track Construction Material Of Iron Or Steel in Eastern Asia

In value terms, production of railway or tramway track construction material of iron or steel amounted to $X in 2020 estimated in export prices. The total production indicated a temperate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The growth pace was the most rapid in 2009 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs in 2020 and is expected to retain growth in years to come.

Production By Country in Eastern Asia

China (X tonnes) remains the largest iron and steel railway construction materials producing country in Eastern Asia, comprising approx. X% of total volume. Moreover, production of railway or tramway track construction material of iron or steel in China exceeded the figures recorded by the second-largest producer, Japan (X tonnes), sixfold.

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

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports in Eastern Asia

After two years of growth, overseas shipments of railway or tramway track construction material of iron or steel decreased by -X% to X tonnes in 2020. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of railway or tramway track construction material of iron or steel dropped markedly to $X in 2020. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

China (X tonnes) and Japan (X tonnes) dominates exports of railway or tramway track construction material of iron or steel structure, together achieving X% of total exports. South Korea (X tonnes) occupied a minor share of total exports.

From 2007 to 2020, 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, the largest iron and steel railway construction materials supplying countries in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total exports.

Among the main exporting countries, China recorded 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

In 2020, the export price for railway or tramway track construction material of iron or steel in Eastern Asia amounted to $X per tonne, waning by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, export prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

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

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports in Eastern Asia

For the third year in a row, Eastern Asia recorded growth in purchases abroad of railway or tramway track construction material of iron or steel, which increased by X% to X tonnes in 2020. Overall, imports, however, continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2009; however, from 2010 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of railway or tramway track construction material of iron or steel totaled $X in 2020. In general, imports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. The level of import peaked at $X in 2009; however, from 2010 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X tonnes) and China (X tonnes) represented the main importers of railway or tramway track construction material of iron or steel in 2020, reaching approx. X% and X% of total imports, respectively. South Korea (X tonnes) held the next position in the ranking, distantly followed by Hong Kong SAR (X tonnes). All these countries together occupied near X% share of total imports. Japan (X tonnes) and Democratic People's Republic of Korea (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Democratic People's Republic of Korea, while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest iron and steel railway construction materials importing markets in Eastern Asia were China ($X), Taiwan (Chinese) ($X) and South Korea ($X), with a combined X% share of total imports. Hong Kong SAR, Japan and Democratic People's Republic of Korea lagged somewhat behind, together accounting for a further X People's Republic of Korea recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the import price for railway or tramway track construction material of iron or steel in Eastern Asia amounted to $X per tonne, waning by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The level of import peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Japan ($X per tonne), while Democratic People's Republic of Korea ($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 railway or tramway track construction material of iron or steel in Eastern Asia?
+
The country with the largest volume of consumption of railway or tramway track construction material of iron or steel was China (6M tonnes), comprising approx. 86% of total volume. Moreover, consumption of railway or tramway track construction material of iron or steel in China exceeded the figures recorded by the second-largest consumer, Japan (777K tonnes), eightfold.
What are the largest producers of railway or tramway track construction material of iron or steel in Eastern Asia?
+
China (6.3M tonnes) remains the largest iron and steel railway construction materials producing country in Eastern Asia, comprising approx. 83% of total volume. Moreover, production of railway or tramway track construction material of iron or steel in China exceeded the figures recorded by the second-largest producer, Japan (1.1M tonnes), sixfold.
What are the leading exporters of railway or tramway track construction material of iron or steel in Eastern Asia?
+
In value terms, the largest iron and steel railway construction materials supplying countries in Eastern Asia were China ($323M), Japan ($261M) and South Korea ($22M), with a combined 100% share of total exports.
What are the leading importers of railway or tramway track construction material of iron or steel in Eastern Asia?
+
In value terms, the largest iron and steel railway construction materials importing markets in Eastern Asia were China ($43M), Taiwan (Chinese) ($37M) and South Korea ($28M), with a combined 80% share of total imports. These countries were followed by Hong Kong SAR, Japan and Democratic People's Republic of Korea, which together accounted for a further 20%.
What is the average export price for railway or tramway track construction material of iron or steel in Eastern Asia?
+
In 2020, the export price for railway or tramway track construction material of iron or steel in Eastern Asia amounted to $860 per tonne, with a decrease of -2% against the previous year.
What is the average import price for railway or tramway track construction material of iron or steel in Eastern Asia?
+
In 2020, the import price for railway or tramway track construction material of iron or steel in Eastern Asia amounted to $1,038 per tonne, shrinking by -5.3% against the previous year.

Product coverage:
• Prodcom 24107500 - Railway material (of steel)

This report provides an in-depth analysis of the market for iron and steel railway construction materials 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 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, 2007–2020
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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