South-Eastern Asia: Forged Metal Articles Market 2020

Forged Metal Articles Market Size in South-Eastern Asia

The revenue of the forged metal articles market in South-Eastern Asia amounted to $X in 2017, picking up by X% against the previous year. The total market indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. In that year, the forged metal articles market reached their peak level, and is likely to continue its growth in the immediate term.

Forged Metal Articles Production in South-Eastern Asia

In 2017, forged metal articles production in South-Eastern Asia stood at X tons, approximately mirroring the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2016, with an increase of X% year-to-year. The volume of forged metal articles production peaked in 2017, and is likely to continue its growth in the immediate term.

Forged Metal Articles Exports in South-Eastern Asia

In 2017, exports of forged or stamped articles of iron or steel in South-Eastern Asia totaled X tons, waning by -X% against the previous year. The forged metal articles exports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2008, when exports increased by X% y-o-y. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, forged metal articles exports amounted to $X in 2017. The forged metal articles exports continue to indicate a moderate expansion. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Forged Metal Articles Exports by Country in South-Eastern Asia

In 2017, Singapore (X tons), Malaysia (X tons) and Thailand (X tons) represented the main exporters of forged or stamped articles of iron or steel in South-Eastern Asia, mixed up X% of total export. The Philippines (X tons) ranks second in terms of the global exports with a X% share, followed by Indonesia (X%).

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Singapore (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, Singapore ($X), Malaysia ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Thailand (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Forged Metal Articles Export Prices by Country in South-Eastern Asia

The forged metal articles export price in South-Eastern Asia stood at $X per ton in 2017, increasing by X% against the previous year. The export price indicated a strong expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017, an increase of X% against the previous year. In that year, the export prices for forged or stamped articles of iron or steel attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Forged Metal Articles Imports in South-Eastern Asia

In 2017, the amount of forged or stamped articles of iron or steel imported in South-Eastern Asia amounted to X tons, reducing by -X% against the previous year. The forged metal articles imports continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2014, with an increase of X% against the previous year. In that year, the forged metal articles imports reached their peak volume of X tons. From 2015 to 2017, growth of the forged metal articles imports failed to regain its momentum.

In value terms, forged metal articles imports stood at $X in 2017. The forged metal articles imports continue to indicate a slight descent. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Forged Metal Articles Imports by Country in South-Eastern Asia

In 2017, Indonesia (X tons) was the key importer for forged or stamped articles of iron or steel, constituting X% of total imports. It was distantly followed by Malaysia (X tons), the Philippines (X tons), Thailand (X tons), Vietnam (X tons) and Singapore (X tons), together mixed up X% share of total imports. Lao People's Democratic Republic (X tons) took the slight share of total imports.

From 2007 to 2017, average annual rates of growth with regard to forged metal articles imports into Indonesia stood at -X%. At the same time, Lao People's Democratic Republic (+X%), the Philippines (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. Vietnam experienced a relatively flat trend pattern. By contrast, Malaysia (-X%) and Singapore (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Indonesia, Singapore and Malaysia increased by X%, X% and X% percentage points, while Thailand (-X%) and the Philippines (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X), Malaysia ($X) and Singapore ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

Indonesia (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced mixed trends in the imports figures.

Forged Metal Articles Import Prices by Country in South-Eastern Asia

In 2017, the forged metal articles import price in South-Eastern Asia amounted to $X per ton, waning by -X% against the previous year. The forged metal articles import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, an increase of X% y-o-y. The level of import price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform