Report South-Eastern Asia - Railway Material of Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
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South-Eastern Asia - Railway Material of Steel - Market Analysis, Forecast, Size, Trends and Insights
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South-Eastern Asia: Steel Railway Material Market 2022

Steel Railway Material Market Size in South-Eastern Asia

In 2021, the Southeast Asian steel railway material market increased by 6.7% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a slight decline. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Steel Railway Material Production in South-Eastern Asia

In value terms, steel railway material production expanded rapidly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 26%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Steel Railway Material Exports

Exports in South-Eastern Asia

For the third year in a row, South-Eastern Asia recorded growth in shipments abroad of railway material of steel, which increased by 24% to X tons in 2021. The total export volume increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when exports increased by 28% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, steel railway material exports soared to $X in 2021. Total exports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +71.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Thailand represented the key exporting country with an export of about X tons, which reached 52% of total exports. Malaysia (X tons) took the second position in the ranking, followed by Indonesia (X tons), Singapore (X tons) and the Philippines (X tons). All these countries together held approx. 45% share of total exports. Lao People's Democratic Republic (X tons) took a minor share of total exports.

Thailand was also the fastest-growing in terms of the railway material of steel exports, with a CAGR of +19.1% from 2012 to 2021. At the same time, the Philippines (+9.6%), Indonesia (+7.7%) and Malaysia (+7.3%) displayed positive paces of growth. By contrast, Lao People's Democratic Republic (-1.8%) and Singapore (-16.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Thailand, Malaysia, Indonesia and the Philippines increased by +39, +6, +4.6 and +2.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest steel railway material supplier in South-Eastern Asia, comprising 64% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 13% share of total exports. It was followed by Singapore, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value in Thailand totaled +20.0%. In the other countries, the average annual rates were as follows: Malaysia (+1.2% per year) and Singapore (-17.3% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, growing by 28% against the previous year. In general, the export price saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+2.0%), while the other leaders experienced mixed trends in the export price figures.

Steel Railway Material Imports

Imports in South-Eastern Asia

In 2021, purchases abroad of railway material of steel was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 68% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, steel railway material imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2018 with an increase of 72% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Indonesia (X tons) and Vietnam (X tons) were the key importers of railway material of steel in 2021, accounting for near 28% and 26% of total imports, respectively. Lao People's Democratic Republic (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (11%), Malaysia (8.3%) and the Philippines (4.8%). Myanmar (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Lao People's Democratic Republic (with a CAGR of +37.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Vietnam ($X) and Singapore ($X) constituted the countries with the highest levels of imports in 2021, with a combined 61% share of total imports. The Philippines, Malaysia, Lao People's Democratic Republic and Myanmar lagged somewhat behind, together accounting for a further 34%.

Lao People's Democratic Republic, with a CAGR of +29.1%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, declining by -7.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 15%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Philippines ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Myanmar (+10.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence 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 railway material of steel in South-Eastern Asia?
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Thailand constituted the country with the largest volume of steel railway material consumption, accounting for 64% of total volume. Moreover, steel railway material consumption in Thailand exceeded the figures recorded by the second-largest consumer, Indonesia, sixfold. Vietnam ranked third in terms of total consumption with a 10% share.
What are the largest producers of railway material of steel in South-Eastern Asia?
+
The country with the largest volume of steel railway material production was Thailand, accounting for 100% of total volume.
What are the leading exporters of railway material of steel in South-Eastern Asia?
+
In value terms, Thailand remains the largest steel railway material supplier in South-Eastern Asia, comprising 64% of total exports. The second position in the ranking was held by Malaysia, with a 13% share of total exports. It was followed by Singapore, with an 8.3% share.
What are the leading importers of railway material of steel in South-Eastern Asia?
+
In value terms, the largest steel railway material importing markets in South-Eastern Asia were Indonesia, Vietnam and Singapore, together accounting for 61% of total imports. The Philippines, Malaysia, Lao People's Democratic Republic and Myanmar lagged somewhat behind, together accounting for a further 34%.
What is the average export price for railway material of steel in South-Eastern Asia?
+
The export price in South-Eastern Asia stood at $2,241 per ton in 2021, growing by 28% against the previous year.
What is the average import price for railway material of steel in South-Eastern Asia?
+
In 2021, the import price in South-Eastern Asia amounted to $1,213 per ton, falling by -7.9% against the previous year.

This report provides an in-depth analysis of the steel railway material market 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 24107500 - Railway material (of steel)
• Prodcom 2410T252 - Railway material
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
REPORT DESCRIPTION
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 PRODUCT

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, 2018–2021
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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