India - U-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Alloy Steel U-Section Price in India - 2023
Contents:
- Non-Alloy Steel U-Section Price in India (FOB) - 2022
- Non-Alloy Steel U-Section Price in India (CIF) - 2022
- Non-Alloy Steel U-Section Exports in India
- Non-Alloy Steel U-Section Imports in India
Non-Alloy Steel U-Section Price in India (FOB) - 2022
The average non-alloy steel u-section export price stood at $756 per ton in 2022, picking up by 15% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 29%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Zambia ($974 per ton) and Bangladesh ($948 per ton), while the average price for exports to Nepal ($699 per ton) and the United Arab Emirates ($745 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bhutan (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Alloy Steel U-Section Price in India (CIF) - 2022
In 2022, the average non-alloy steel u-section import price amounted to $1,446 per ton, increasing by 40% against the previous year. In general, the import price, however, showed a slight reduction. Over the period under review, average import prices reached the maximum at $1,597 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,424 per ton), while the price for China ($977 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Alloy Steel U-Section Exports in India
In 2022, approx. 14K tons of u-sections of non-alloy steel were exported from India; with a decrease of -48.1% on 2021 figures. Over the period under review, exports faced a sharp slump. The growth pace was the most rapid in 2021 with an increase of 2.2%.
In value terms, non-alloy steel u-section exports shrank notably to $10M in 2022. In general, exports faced a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 32% against the previous year.
Export of Non-Alloy Steel U-Section in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nepal | 14.5 | 9.5 | 10.7 | 6.8 | -22.3% |
Sri Lanka | 2.0 | 1.7 | 2.7 | 0.9 | -23.4% |
Bhutan | 0.3 | 0.3 | 0.2 | 0.4 | 10.1% |
Zambia | N/A | N/A | N/A | 0.4 | 0% |
Maldives | N/A | N/A | N/A | 0.3 | 0% |
United Arab Emirates | 0.1 | 1.1 | 1.2 | 0.2 | 26.0% |
Tanzania | N/A | N/A | N/A | 0.2 | 0% |
Others | 1.2 | 0.6 | 2.5 | 1.2 | 0.0% |
Total | 18.1 | 13.1 | 17.4 | 10.3 | -17.1% |
Top Export Markets for Non-Alloy Steel U-Section from India in 2022:
- Nepal (9.7K tons)
- Sri Lanka (1.1K tons)
- Bhutan (0.5K tons)
- Zambia (0.4K tons)
- Maldives (0.3K tons)
- Tanzania (0.3K tons)
- United Arab Emirates (0.2K tons)
Non-Alloy Steel U-Section Imports in India
In 2022, overseas purchases of u-sections of non-alloy steel decreased by -12.9% to 2.3K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 124% against the previous year.
In value terms, non-alloy steel u-section imports surged to $3.4M in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 73%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Non-Alloy Steel U-Section in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 396 | 676 | 1,029 | 1,612 | 59.7% |
Turkey | N/A | 7.4 | 189 | 523 | 740.7% |
Italy | 87.1 | 57.6 | 48.4 | 349 | 58.8% |
Germany | 264 | 122 | 393 | 235 | -3.8% |
Belgium | 153 | 377 | 626 | 173 | 4.2% |
Ireland | N/A | 48.3 | 121 | 147 | 74.5% |
Singapore | N/A | N/A | N/A | 77.8 | 0% |
Spain | N/A | 178 | 80.6 | N/A | -54.7% |
Bahrain | N/A | N/A | 202 | N/A | 0% |
Others | 75.1 | 129 | 65.7 | 245 | 48.3% |
Total | 975 | 1,595 | 2,755 | 3,362 | 51.1% |
Top Suppliers of Non-Alloy Steel U-Section to India in 2022:
- United Arab Emirates (1362.2 tons)
- Turkey (403.2 tons)
- Belgium (127.9 tons)
- Italy (101.8 tons)
- Ireland (87.0 tons)
- Germany (85.7 tons)
- Singapore (61.0 tons)
This report provides an in-depth analysis of the non-alloy steel u-section market in India. 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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