Hong Kong SAR, China - Ribbed or Other Deformed Wire Rod of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHong Kong SAR, China: Market for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel 2024
Market Size for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel in Hong Kong SAR, China
The Hong Kong market for ribbed or other deformed wire rod of non-alloy steel shrank modestly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, saw a notable expansion. Deformed non-alloy steel wire rod consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.
Production of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel in Hong Kong SAR, China
In value terms, deformed non-alloy steel wire rod production contracted modestly to $X in 2022 estimated in export price. In general, production, however, recorded mild growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Deformed non-alloy steel wire rod production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.
Exports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel
Exports from Hong Kong SAR, China
Deformed non-alloy steel wire rod exports from Hong Kong SAR surged to X tons in 2022, picking up by X% compared with the year before. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, deformed non-alloy steel wire rod exports rose to $X in 2022. Overall, exports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
Exports by Country
Timor-Leste (X tons), Singapore (X tons) and China (X tons) were the main destinations of deformed non-alloy steel wire rod exports from Hong Kong SAR, together accounting for X% of total exports. Fiji lagged somewhat behind, comprising a further X%.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Fiji (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Singapore ($X) emerged as the key foreign market for ribbed or other deformed wire rod of non-alloy steel exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was taken by Timor-Leste ($X), with a X% share of total exports. It was followed by China, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Timor-Leste (X% per year) and China (X% per year).
Export Prices by Country
In 2022, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $X per ton, waning by X% against the previous year. Overall, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Timor-Leste ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced a decline.
Imports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel
Imports into Hong Kong SAR, China
Deformed non-alloy steel wire rod imports into Hong Kong SAR contracted markedly to X tons in 2022, reducing by X% on the previous year's figure. Overall, imports, however, saw a mild expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then shrank significantly in the following year.
In value terms, deformed non-alloy steel wire rod imports shrank significantly to $X in 2022. In general, imports recorded a pronounced shrinkage. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then contracted rapidly in the following year.
Imports by Country
In 2022, Singapore (X tons) constituted the largest deformed non-alloy steel wire rod supplier to Hong Kong SAR, with a X% share of total imports. Moreover, deformed non-alloy steel wire rod imports from Singapore exceeded the figures recorded by the second-largest supplier, Turkey (X tons), ninefold.
From 2012 to 2022, the average annual rate of growth in terms of volume from Singapore amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).
In value terms, Singapore ($X) constituted the largest supplier of ribbed or other deformed wire rod of non-alloy steel to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Singapore stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).
Import Prices by Country
The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price showed a perceptible reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod 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.
Product coverage:
- Prodcom 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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