Report South-Eastern Asia - Hot-Rolled Bars of High Speed Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 22, 2022

South-Eastern Asia - Hot-Rolled Bars of High Speed Steel - Market Analysis, Forecast, Size, Trends and Insights
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South-Eastern Asia: Market for Hot-Rolled Bars Of High Speed Steel 2022

Market Size for Hot-Rolled Bars Of High Speed Steel in South-Eastern Asia

In 2021, the Southeast Asian market for hot-rolled bars of high speed steel increased by X% to $X, rising for the fourth year in a row after three years of decline. The total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2017 indices. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in years to come.

Production of Hot-Rolled Bars Of High Speed Steel in South-Eastern Asia

In value terms, hot-rolled high speed steel bar production contracted to $X in 2021 estimated in export price. The total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2017 indices. The growth pace was the most rapid in 2014 when the production volume increased by X%. The level of production peaked at $X in 2020, and then contracted in the following year.

Exports of Hot-Rolled Bars Of High Speed Steel

Exports in South-Eastern Asia

In 2021, the amount of hot-rolled bars of high speed steel exported in South-Eastern Asia contracted sharply to X tons, waning by -X% against 2020. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, hot-rolled high speed steel bar exports fell notably to $X in 2021. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Thailand represented the main exporter of hot-rolled bars of high speed steel in South-Eastern Asia, with the volume of exports resulting at X tons, which was near X% of total exports in 2021. It was distantly followed by Singapore (X tons) and Vietnam (X tons), together generating a X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to hot-rolled high speed steel bar exports from Thailand stood at -X%. At the same time, Vietnam (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +X% from 2012-2021. By contrast, Singapore (-X%) illustrated a downward trend over the same period. While the share of Vietnam (+X p.p.) and Thailand (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Singapore (-X p.p.) displayed negative dynamics.

In value terms, the largest hot-rolled high speed steel bar supplying countries in South-Eastern Asia were Singapore ($X), Thailand ($X) and Vietnam ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Vietnam, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, dropping by -X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2020, and then fell sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Hot-Rolled Bars Of High Speed Steel

Imports in South-Eastern Asia

In 2021, after two years of decline, there was significant growth in purchases abroad of hot-rolled bars of high speed steel, when their volume increased by X% to X tons. Overall, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, hot-rolled high speed steel bar imports soared to $X in 2021. In general, imports, however, saw a abrupt shrinkage. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Myanmar (X tons) represented the main importer of hot-rolled bars of high speed steel, generating X% of total imports. It was distantly followed by Malaysia (X tons), Singapore (X tons) and Thailand (X tons), together generating a X% share of total imports. The Philippines (X tons), Brunei Darussalam (X tons) and Indonesia (X tons) held a little share of total imports.

Myanmar was also the fastest-growing in terms of the hot-rolled bars of high speed steel imports, with a CAGR of +X% from 2012 to 2021. At the same time, Thailand (+X%) and Brunei Darussalam (+X%) displayed positive paces of growth. The Philippines and Malaysia experienced a relatively flat trend pattern. By contrast, Indonesia (-X%) and Singapore (-X%) illustrated a downward trend over the same period. Myanmar (+X p.p.), Thailand (+X p.p.) and Brunei Darussalam (+X p.p.) significantly strengthened its position in terms of the total imports, while Singapore saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Thailand ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2021, with a combined X% share of total imports.

Among the main importing countries, Thailand, with a CAGR of +X%, saw the highest growth rate of 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 2021, the import price in South-Eastern Asia amounted to $X per ton, falling by -X% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably countrydestination: the country with the highest price was Thailand ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars of high speed steel in South-Eastern Asia?
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Singapore remains the largest hot-rolled high speed steel bar consuming country in South-Eastern Asia, accounting for 90% of total volume. Moreover, hot-rolled high speed steel bar consumption in Singapore exceeded the figures recorded by the second-largest consumer, Thailand, more than tenfold.
What are the largest producers of hot-rolled bars of high speed steel in South-Eastern Asia?
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Singapore remains the largest hot-rolled high speed steel bar producing country in South-Eastern Asia, comprising approx. 94% of total volume. Moreover, hot-rolled high speed steel bar production in Singapore exceeded the figures recorded by the second-largest producer, Thailand, more than tenfold.
What are the leading exporters of hot-rolled bars of high speed steel in South-Eastern Asia?
+
In value terms, Singapore, Thailand and Vietnam constituted the countries with the highest levels of exports in 2021, together comprising 98% of total exports.
What are the leading importers of hot-rolled bars of high speed steel in South-Eastern Asia?
+
In value terms, Singapore, Thailand and Malaysia were the countries with the highest levels of imports in 2021, together accounting for 59% of total imports.
What is the average export price for hot-rolled bars of high speed steel in South-Eastern Asia?
+
The export price in South-Eastern Asia stood at $1,670 per ton in 2021, which is down by -25.6% against the previous year.
What is the average import price for hot-rolled bars of high speed steel in South-Eastern Asia?
+
The import price in South-Eastern Asia stood at $3,025 per ton in 2021, falling by -48.7% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled high speed steel bar in South-Eastern Asia. 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 24106610 - Hot-rolled bars of high speed steel
Country coverage:
• Brunei Darussalam
• Cambodia
• Lao People's Democratic Republic
• Timor-Leste

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in South-Eastern Asia, split by region and country
• Trade (exports and imports) in South-Eastern Asia
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Brunei Darussalam
• Cambodia
• Indonesia
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Vietnam
• Lao People's Democratic Republic
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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