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Pakistan - Hot-Rolled Bars In Free-Cutting Steels - Market Analysis, Forecast, Size, Trends And Insights
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Pakistan: Hot-Rolled Free-Cutting Steel Market Overview 2021

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Hot-Rolled Free-Cutting Steel Market Size in Pakistan

For the third consecutive year, the Pakistani hot-rolled free-cutting steel market recorded decline in sales value, which decreased by -X% to $X in 2020. Over the period under review, consumption recorded a precipitous shrinkage. The growth pace was the most rapid in 2008 when the market value increased by X% y-o-y. Hot-rolled free-cutting steel consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Hot-Rolled Free-Cutting Steel Exports

Exports from Pakistan

In 2020, overseas shipments of hot-rolled bars in free-cutting steels decreased by X% to X kg, falling for the second consecutive year after two years of decline. In general, exports continue to indicate a sharp shrinkage. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, hot-rolled free-cutting steel exports amounted to $X in 2020. Overall, exports recorded a sharp descent. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X kg) was the main destination for hot-rolled free-cutting steel exports from Pakistan, with a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to Tanzania was relatively modest.

From 2007 to 2018, the average annual growth rate of value to Tanzania was relatively modest.

Export Prices by Country

The average hot-rolled free-cutting steel export price stood at $X per tonne in 2018, almost unchanged from the previous year. In general, the export price recorded prominent growth. Over the period under review, average export prices reached the peak figure at $X per tonne in 2016; afterwards, it flattened through to 2018.

As there is only one major export destination, the average price level is determined by prices for Tanzania.

From 2007 to 2018, the rate of growth in terms of prices for Tanzania amounted to X% per year.

Hot-Rolled Free-Cutting Steel Imports

Imports into Pakistan

In 2020, approx. X tonnes of hot-rolled bars in free-cutting steels were imported into Pakistan; which is down by -X% against the previous year. Over the period under review, imports faced a sharp contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Imports peaked at X tonnes in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, hot-rolled free-cutting steel imports declined markedly to $X in 2020. Overall, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2018 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Ecuador (X tonnes) constituted the largest hot-rolled free-cutting steel supplier to Pakistan, accounting for a X% share of total imports. Moreover, hot-rolled free-cutting steel imports from Ecuador exceeded the figures recorded by the second-largest supplier, Luxembourg (X tonnes), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Ecuador was relatively modest.

In value terms, Ecuador ($X) and Luxembourg ($X) appeared to be the largest hot-rolled free-cutting steel suppliers to Pakistan.

Ecuador recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average hot-rolled free-cutting steel import price stood at $X per tonne in 2020, dropping by -X% against the previous year. In general, import price indicated moderate growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2019, and then fell in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Luxembourg ($X per tonne), while the price for Ecuador stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ecuador.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars in free-cutting steels in the world?
+
The countries with the highest volumes of hot-rolled free-cutting steel consumption in 2020 were China (852K tonnes), the U.S. (454K tonnes) and India (329K tonnes), with a combined 41% share of global consumption. These countries were followed by Japan, Germany, Russia, Singapore, the UK, France, Turkey, Iran, South Korea and Italy, which together accounted for a further 28%.
What are the largest producers of hot-rolled bars in free-cutting steels in the world?
+
The countries with the highest volumes of hot-rolled free-cutting steel production in 2020 were China (852K tonnes), the U.S. (435K tonnes) and India (330K tonnes), with a combined 41% share of global production. These countries were followed by Japan, Germany, Russia, Saudi Arabia, France, the UK, Turkey, Iran, South Korea and Canada, which together accounted for a further 29%.
What are the leading suppliers of hot-rolled bars in free-cutting steels to Pakistan?
+
In value terms, the largest hot-rolled free-cutting steel suppliers to Pakistan were Ecuador ($1.7K) and Luxembourg ($1.1K).
What is the average export price for hot-rolled bars in free-cutting steels in Pakistan?
+
The average hot-rolled free-cutting steel export price stood at $1,391 per tonne in 2018, remaining stable against the previous year.
What is the average import price for hot-rolled bars in free-cutting steels in Pakistan?
+
The average hot-rolled free-cutting steel import price stood at $823 per tonne in 2020, dropping by -11.7% against the previous year.

Product coverage:
• Prodcom 24106230 - Hot-rolled bars in free-cutting steels

This report provides an in-depth analysis of the hot-rolled free-cutting steel market in Pakistan. 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 2025.


Country coverage:
• Pakistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Pakistan
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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