Eastern Asia: Sheet Piling Market 2022

Production By Country in Eastern Asia

The countries with the highest volumes of sheet piling production in 2020 were China (X tons), Japan (X tons) and South Korea (X tons), with a combined X% share of total production.

From 2007 to 2020, the biggest increases were in China (+X%), while sheet piling production for the other leaders experienced mixed trends in the production figures.

Sheet Piling Exports

Exports in Eastern Asia

In 2020, sheet piling exports in Eastern Asia rose rapidly to X tons, with an increase of X% compared with the previous year. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2020, the exports remained at a lower figure.

In value terms, sheet piling exports expanded sharply to $X in 2020. Overall, exports posted a resilient increase. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. The level of export peaked at $X in 2018; however, from 2019 to 2020, the exports remained at a lower figure.

Exports by Country

In 2020, China (X tons) was the major exporter of sheet piling, generating X% of total exports. Japan (X tons) occupied the second position in the ranking, distantly followed by South Korea (X tons). All these countries together occupied near X% share of total exports. Hong Kong SAR (X tons) occupied a relatively small share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2020. At the same time, South Korea (+X%) and Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +X% from 2007-2020. By contrast, Japan (-X%) illustrated a downward trend over the same period. China (+X p.p.) and South Korea (+X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest sheet piling supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with an X% share of total exports. It was followed by South Korea, with a X% share.

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

Export Prices by Country

In 2020, the sheet piling export price in Eastern Asia amounted to $X per ton, approximately mirroring the previous year. In general, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2008 when the export price increased by X% year-to-year. As a result, the export price attained the peak level of $X per ton. From 2009 to 2020, the the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in China ($X per ton) and Hong Kong SAR ($X per ton), while South Korea ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-X%), while the other leaders experienced a decline in the export price figures.

Sheet Piling Imports

Imports in Eastern Asia

In 2020, after two years of decline, there was significant growth in overseas purchases of sheet piling, when their volume increased by X% to X tons. Over the period under review, imports posted a resilient increase. The pace of growth was the most pronounced in 2009 when imports increased by X% y-o-y. The volume of import peaked at X tons in 2017; however, from 2018 to 2020, imports failed to regain momentum.

In value terms, sheet piling imports surged to $X in 2020. Total imports indicated a tangible increase 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, imports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2009 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain momentum.

Imports by Country

Hong Kong SAR (X tons) and China (X tons) prevails in sheet piling imports structure, together comprising X% of total imports. Taiwan (Chinese) (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Japan (X%). Macao SAR (X tons) 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 China (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sheet piling importing markets in Eastern Asia were China ($X), Hong Kong SAR ($X) and Taiwan (Chinese) ($X), together comprising X% of total imports.

China, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of 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

The sheet piling import price in Eastern Asia stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the import price recorded a mild reduction. The pace of growth appeared the most rapid in 2008 when the import price increased by X% y-o-y. As a result, import price reached the peak level of $X per ton. From 2009 to 2020, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Macao SAR ($X per ton) and Taiwan (Chinese) ($X per ton), while Hong Kong SAR ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Macao SAR (-X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform