Southern Asia: Non-Alloy Steel Ingot Market 2020

Non-Alloy Steel Ingot Market Size in Southern Asia

The revenue of the non-alloy steel ingot market in Southern Asia amounted to $X in 2017, falling by -X% against the previous year. The non-alloy steel ingot consumption continues to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2011, when market value increased by X% year-to-year. Over the period under review, the non-alloy steel ingot market reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Non-Alloy Steel Ingot Production in Southern Asia

In 2017, non-alloy steel ingot production in Southern Asia totaled X tons, increasing 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 most prominent rate of growth was recorded in 2017, when the output figure increased by X% year-to-year. In that year, the non-alloy steel ingot production attained their peak volume, and is likely to continue its growth in the immediate term.

Non-Alloy Steel Ingot Exports in Southern Asia

In 2017, the amount of ingots of non-alloy steel exported in Southern Asia stood at X tons, jumping by X% against the previous year. The non-alloy steel ingot exports continue to indicate a measured increase. The pace of growth was the most pronounced in 2008, when exports increased by X% y-o-y. In that year, the non-alloy steel ingot exports reached their peak volume of X tons. From 2009 to 2017, growth of the non-alloy steel ingot exports failed to regain its momentum.

In value terms, non-alloy steel ingot exports amounted to $X in 2017. The non-alloy steel ingot exports continue to indicate a drastic decline. In that year, the non-alloy steel ingot exports attained their peak level of $X. From 2009 to 2017, growth of the non-alloy steel ingot exports failed to regain its momentum.

Non-Alloy Steel Ingot Exports by Country in Southern Asia

The exports of the one major exporters of ingots of non-alloy steel, namely India, represented more than two-thirds of total export.

India was also the fastest growing in terms of the ingots of non-alloy steel exports, with a CAGR of +X% from 2007 to 2017. India (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest non-alloy steel ingot supplier in Southern Asia.

In India, non-alloy steel ingot exports decreased by an average annual rate of -X% over the period from 2007-2017.

Non-Alloy Steel Ingot Export Prices by Country in Southern Asia

In 2017, the non-alloy steel ingot export price in Southern Asia amounted to $X per ton, shrinking by -X% against the previous year. The non-alloy steel ingot export price continues to indicate a drastic decline. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-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.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (-X% per year).

Non-Alloy Steel Ingot Imports in Southern Asia

In 2017, approx. X tons of ingots of non-alloy steel were imported in Southern Asia; increasing by X% against the previous year. The non-alloy steel ingot imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2017, when it surged by X% against the previous year. In that year, the non-alloy steel ingot imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, non-alloy steel ingot imports totaled $X in 2017. The non-alloy steel ingot imports continue to indicate a strong increase. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Non-Alloy Steel Ingot Imports by Country in Southern Asia

The imports of the four major importers of ingots of non-alloy steel, namely Nepal, Sri Lanka, Bangladesh and India, represented more than two-thirds of total import. Pakistan (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nepal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Nepal ($X), Sri Lanka ($X) and Bangladesh ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

Nepal (+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 more modest paces of growth.

Non-Alloy Steel Ingot Import Prices by Country in Southern Asia

The non-alloy steel ingot import price in Southern Asia stood at $X per ton in 2017, picking up 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 2008, when it surged by X% year-to-year. The level of import price peaked 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 Pakistan ($X per ton), while Nepal ($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 Pakistan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform