Malta: Stainless Steel Angle Market 2020

Stainless Steel Angle Market Size in Malta

The revenue of the stainless steel angle market in Malta amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, stainless steel angle consumption continues to indicate a slight expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. In that year, the stainless steel angle market reached its peak level and is likely to continue its growth in the immediate term.

Stainless Steel Angle Production in Malta

In value terms, stainless steel angle production amounted to $X in 2018 estimated in export prices. In general, stainless steel angle production continues to indicate a drastic drop. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Malta stainless steel angle production peaked at $X in 2017, and then declined slightly in the following year.

Stainless Steel Angle Exports

Exports from Malta

Stainless steel angle exports from Malta amounted to X tons in 2018, falling by -X% against the previous year. Overall, stainless steel angle exports, however, continue to indicate an extraordinary expansion. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. In that year, stainless steel angle exports attained their peak of X tons, and then declined slightly in the following year.

In value terms, stainless steel angle exports stood at $X in 2018. Over the period under review, stainless steel angle exports, however, continue to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. In that year, stainless steel angle exports attained their peak of $X, and then declined slightly in the following year.

Exports by Country

In 2018, China (X tons) represented the major exporter of angles, shapes and sections of stainless steel or other alloy steel, creating X% of total exports. It was distantly followed by the UK (X tons) and India (X tons), together comprising a X% share of total exports. Russia (X tons), Sweden (X tons), Germany (X tons), Spain (X tons), the U.S. (X tons), South Korea (X tons), Vietnam (X tons), Italy (X tons) and Turkey (X tons) took a little share of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Turkey (+X%), Vietnam (+X%), Spain (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. India experienced a relatively flat trend pattern. By contrast, Sweden (-X%), Germany (-X%), Russia (-X%), Italy (-X%), the UK (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. Vietnam (+X p.p.) significantly strengthened its position in terms of the global exports, while Russia, the U.S., the UK and China saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest stainless steel angle supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, stainless steel angle exports declined by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: India (-X% per year) and Germany (-X% per year).

Export Prices by Country

In 2018, the stainless steel angle export price in Malta amounted to $X per ton, surging by X% against the previous year. Over the period under review, the stainless steel angle export price, however, continues to indicate a precipitous reduction. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, the export prices for angles, shapes and sections of stainless steel or other alloy steel attained their maximum at $X per ton in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Stainless Steel Angle Imports

Imports into Malta

In 2018, the amount of angles, shapes and sections of stainless steel or other alloy steel imported into Malta amounted to X tons, increasing by X% against the previous year. In general, stainless steel angle imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, stainless steel angle imports reached their peak figure at X tons in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, stainless steel angle imports amounted to $X in 2018. In general, stainless steel angle imports continue to indicate moderate growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. In that year, stainless steel angle imports reached their peak of $X. From 2012 to 2018, the growth of stainless steel angle imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Indonesia (X tons), the Philippines (X tons) and the U.S. (X tons) represented roughly X% of total imports of angles, shapes and sections of stainless steel or other alloy steel in 2018. Japan (X tons), Canada (X tons), Italy (X tons), Romania (X tons), Russia (X tons), Germany (X tons), Mexico (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel angle importing markets into Malta were the U.S. ($X), Malaysia ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by Italy, the Philippines, Indonesia, the Netherlands, Canada, Romania, Japan, Russia, Mexico and Malta, which together accounted for a further X Philippines experienced the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the stainless steel angle import price in Malta amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the stainless steel angle import price continues to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Over the period under review, the import prices for angles, shapes and sections of stainless steel or other alloy steel attained their maximum at $X per ton in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform