South-Eastern Asia: Non-Alloy Steel Ingot Market 2020

Non-Alloy Steel Ingot Market Size in South-Eastern Asia

The revenue of the non-alloy steel ingot market in South-Eastern Asia amounted to $X in 2017, growing by X% against the previous year. The total market indicated a measured 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. Based on 2017 figures, the non-alloy steel ingot consumption decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. In that year, the non-alloy steel ingot market reached their peak level of $X. From 2012 to 2017, growth of the non-alloy steel ingot market stood at a somewhat lower level.

Non-Alloy Steel Ingot Production in South-Eastern Asia

In 2017, the amount of ingots of non-alloy steel produced in South-Eastern Asia totaled X tons, lowering by -X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2011, when the output figure increased by X% against the previous year. The volume of non-alloy steel ingot production peaked of X tons in 2016, and then declined slightly in the following year.

Non-Alloy Steel Ingot Exports in South-Eastern Asia

In 2017, approx. X tons of ingots of non-alloy steel were exported in South-Eastern Asia; increasing by X% against the previous year. The non-alloy steel ingot exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. Over the period under review, the non-alloy steel ingot exports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, non-alloy steel ingot exports totaled $X in 2017. The non-alloy steel ingot exports continue to indicate a slight decrease. In that year, the non-alloy steel ingot exports attained their peak level of $X. From 2012 to 2017, growth of the non-alloy steel ingot exports failed to regain its momentum.

Non-Alloy Steel Ingot Exports by Country in South-Eastern Asia

Vietnam (X tons) and Malaysia (X tons) prevails in non-alloy steel ingot exports structure, together creating X% of total exports. It was distantly followed by Thailand (X tons), committing X% share of total exports.

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

In value terms, the largest non-alloy steel ingot markets worldwide were Malaysia ($X), Vietnam ($X) and Thailand ($X), together comprising X% of total exports.

Vietnam (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced a decline in the exports figures.

Non-Alloy Steel Ingot Export Prices by Country in South-Eastern Asia

In 2017, the non-alloy steel ingot export price in South-Eastern Asia amounted to $X per ton, declining by -X% against the previous year. The export price indicated a slight increase 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. Based on 2017 figures, the non-alloy steel ingot export price decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2011, an increase of X% against the previous year. In that year, the export prices for ingots of non-alloy steel reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for ingots of non-alloy steel failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Thailand ($X per ton), while Vietnam ($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 Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

Non-Alloy Steel Ingot Imports in South-Eastern Asia

In 2017, non-alloy steel ingot imports in South-Eastern Asia totaled X tons, declining by -X% against the previous year. The non-alloy steel ingot imports continue to indicate a drastic curtailment. The pace of growth was the most pronounced in 2012, when it surged by X% y-o-y. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, non-alloy steel ingot imports stood at $X in 2017. The non-alloy steel ingot imports continue to indicate a drastic descent. Over the period under review, the non-alloy steel ingot imports reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Non-Alloy Steel Ingot Imports by Country in South-Eastern Asia

Indonesia represented the largest importer of ingots of non-alloy steel in South-Eastern Asia, with the volume of imports recording X tons, which was approx. X% of total imports in 2017. Thailand (X tons) ranks second in terms of the global imports with a X% share, followed by Vietnam (X%). The following importers - the Philippines (X tons) and Malaysia (X tons) each finished at a X% share of total imports.

Indonesia was also the fastest growing in terms of the ingots of non-alloy steel imports, with a CAGR of +X% from 2007 to 2017. Malaysia (-X%), the Philippines (-X%), Thailand (-X%) and Vietnam (-X%) illustrated a downward trend over the same period. Thailand (X%), Vietnam (X%), the Philippines (X%) and Malaysia (X%) significantly strengthened its position in terms of the global imports, while Indonesia saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Indonesia ($X) constitutes the largest market for imported ingots of non-alloy steel in South-Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of global imports. It was followed by Vietnam, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Indonesia stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (-X% per year) and Vietnam (-X% per year).

Non-Alloy Steel Ingot Import Prices by Country in South-Eastern Asia

In 2017, the non-alloy steel ingot import price in South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. The non-alloy steel ingot import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the import prices for ingots of non-alloy steel reached its maximum level of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Indonesia ($X per ton), while the Philippines ($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 a decline in the import price figures.

Source: IndexBox Platform