India: Sheet Piling Market 2024

Sheet Piling Market Size in India

The Indian sheet piling market plummeted to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Sheet piling consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sheet Piling Production in India

In value terms, sheet piling production shrank slightly to $X in 2022 estimated in export price. Overall, production faced a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Sheet Piling Exports

Exports from India

In 2022, the amount of sheet piling, shapes and sections (of iron or steel) exported from India skyrocketed to X tons, jumping by X% compared with 2021. Overall, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, sheet piling exports surged to $X in 2022. In general, exports posted a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for sheet piling exports from India, with a X% share of total exports. Moreover, sheet piling exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. The third position in this ranking was taken by Bangladesh (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Bangladesh (X% per year).

In value terms, the United States ($X) remains the key foreign market for sheet piling, shapes and sections (of iron or steel) exports from India, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total exports. It was followed by Maldives, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Maldives (X% per year).

Export Prices by Country

The average sheet piling export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Bangladesh ($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 Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sheet Piling Imports

Imports into India

In 2022, the amount of sheet piling, shapes and sections (of iron or steel) imported into India declined markedly to X tons, reducing by X% against 2021. Overall, imports, however, showed a slight expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sheet piling imports shrank to $X in 2022. In general, imports saw a slight setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Luxembourg (X tons) were the main suppliers of sheet piling imports to India, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sheet piling suppliers to India were the United Arab Emirates ($X), China ($X) and Luxembourg ($X), with a combined X% share of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sheet piling import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, continues to indicate a perceptible slump. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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