
Hong Kong SAR, China - Hot-Rolled Bars of High Speed Steel - Market Analysis, Forecast, Size, Trends and Insights
Hong Kong SAR, China: Market for Hot-Rolled Bars Of High Speed Steel 2022
Market Size for Hot-Rolled Bars Of High Speed Steel in Hong Kong SAR, China
The Hong Kong market for hot-rolled bars of high speed steel was estimated at $X in 2021, picking up by X% against the previous year. In general, consumption continues to indicate a remarkable increase. Hot-rolled high speed steel bar consumption peaked in 2021 and is likely to continue growth in the immediate term.
Production of Hot-Rolled Bars Of High Speed Steel in Hong Kong SAR, China
In value terms, hot-rolled high speed steel bar production expanded to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.
Exports of Hot-Rolled Bars Of High Speed Steel
Exports from Hong Kong SAR, China
In 2021, overseas shipments of hot-rolled bars of high speed steel decreased by -X% to X kg, falling for the fourth year in a row after four years of growth. Over the period under review, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, hot-rolled high speed steel bar exports dropped significantly to $X in 2021. In general, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
Bangladesh (X kg) was the main destination for hot-rolled high speed steel bar exports from Hong Kong SAR, with a approx. X% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Bangladesh amounted to -X%.
In value terms, Bangladesh ($X) also remains the key foreign market for hot-rolled high speed steel bar exports from Hong Kong SAR.
From 2012 to 2021, the average annual rate of growth in terms of value to Bangladesh stood at -X%.
Export Prices by Country
In 2021, the average export price for hot-rolled bars of high speed steel amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Bangladesh.
From 2012 to 2021, the rate of growth in terms of prices for Bangladesh amounted to -X% per year.
Imports of Hot-Rolled Bars Of High Speed Steel
Imports into Hong Kong SAR, China
After two years of growth, supplies from abroad of hot-rolled bars of high speed steel decreased by -X% to X kg in 2021. In general, imports faced a precipitous decline. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.
In value terms, hot-rolled high speed steel bar imports dropped markedly to $X in 2021. Over the period under review, imports saw a dramatic decline. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, France (X kg) was the main supplier of hot-rolled high speed steel bar to Hong Kong SAR, with a approx. X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +X%.
In value terms, France ($X) constituted the largest supplier of hot-rolled high speed steel bar to Hong Kong SAR.
From 2012 to 2021, the average annual growth rate of value from France totaled +X%.
Import Prices by Country
In 2021, the average import price for hot-rolled bars of high speed steel amounted to $X per ton, rising by X% against the previous year. In general, the import price recorded a perceptible increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2012 to 2021, the rate of growth in terms of prices for France amounted to -X% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar in Hong Kong SAR, China. 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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