Global Electrical Strip Market 2020

Electrical Strip Market Size

The global electrical strip market revenue amounted to $X in 2017, surging by X% against the previous year. In general, electrical strip consumption continues to indicate a temperate decrease. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. Global electrical strip consumption peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Electrical Strip Production

In 2017, approx. X tons of electrical sheet and strip were produced worldwide; remaining relatively unchanged against the previous year. Overall, electrical strip production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when it surged by X% y-o-y. Over the period under review, the global electrical strip production attained its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Electrical Strip Exports

In 2017, approx. X tons of electrical sheet and strip were exported worldwide; waning by -X% against the previous year. Overall, the total exports indicated a significant expansion from 2007 to 2017: its volume 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 electrical strip exports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. Over the period under review, the global electrical strip exports reached its peak figure volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, electrical strip exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the global electrical strip exports attained its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Electrical Strip Exports by Country

China represented the largest exporting country with an export of about X tons, which accounted for X% of total exports. Japan (X tons) occupied the second position in the ranking, followed by South Korea (X tons), Germany (X tons) and France (X tons). All these countries together held approx. X% share of total exports. Belgium (X tons), the Netherlands (X tons), Taiwan, Chinese (X tons), Russia (X tons), the U.S. (X tons), Austria (X tons) and Sweden (X tons) occupied the mild share of total exports.

China was also the fastest growing in terms of the electrical sheet and strip exports, with a CAGR of +X% from 2007 to 2017. At the same time, Austria (+X%), the U.S. (+X%), South Korea (+X%), Germany (+X%), Japan (+X%) and the Netherlands (+X%) displayed positive paces of growth. Belgium and Sweden experienced a relatively flat trend pattern. By contrast, Taiwan, Chinese (-X%), France (-X%) and Russia (-X%) illustrated a downward trend over the same period. Germany (-X%), Japan (-X%), South Korea (-X%) and China (-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, China ($X), Japan ($X) and South Korea ($X) constituted the countries with the highest levels of exports in 2017, together comprising X% of global exports.

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

Electrical Strip Export Prices by Country

In 2017, the average electrical strip export price amounted to $X per ton, coming up by X% against the previous year. Overall, electrical strip export price continues to indicate a slight contraction. The growth pace was the most rapid in 2017, when it surged by X% year-to-year. Global export price peaked of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Belgium ($X per ton), while China ($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 Belgium (+X% per year), while the other global leaders experienced more modest paces of growth.

Electrical Strip Imports

Global imports totaled X tons in 2017, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, the global electrical strip imports reached its maximum volume in 2017, and are likely to see steady growth in the near future.

In value terms, electrical strip imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the global electrical strip imports attained its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Electrical Strip Imports by Country

The countries with the highest levels of electrical strip imports in 2017 were Vietnam (X tons), China (X tons), the U.S. (X tons), Germany (X tons), Thailand (X tons), Mexico (X tons), Turkey (X tons), Belgium (X tons), South Korea (X tons), Italy (X tons), Spain (X tons) and France (X tons), together resulting at X% of total import.

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

In value terms, China ($X), the U.S. ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of global imports. Mexico, Vietnam, Italy, Turkey, Thailand, Belgium, South Korea, France and Spain lagged somewhat behind, together comprising a further X%.

Vietnam (+X% per year) experienced the highest growth rate of imports, among the main importing countries over the last decade, while the other global leaders experienced more modest paces of growth.

Electrical Strip Import Prices by Country

In 2017, the average electrical strip import price amounted to $X per ton, growing by X% against the previous year. Overall, electrical strip import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. In that year, the average import prices for electrical sheet and strip attained their peak level of $X per ton. From 2009 to 2017, growth of the average import prices for electrical sheet and strip stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Mexico ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (-X% per year), while the other global leaders experienced a decline in the import price figures.

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Source: IndexBox Platform