Global Welded Netting Market 2024

Welded Netting Market Size

The global welded netting market rose slightly to $X in 2023, growing by X% against the previous year. Over the period under review, the total consumption indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Global consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Welded Netting Production

In value terms, welded netting production expanded to $X in 2023 estimated in export price. In general, production recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Global production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Welded Netting Exports

Exports

In 2023, overseas shipments of welded grill, netting and fencing, not classified in hs decreased by X% to X tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The global exports peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, welded netting exports fell rapidly to $X in 2023. Over the period under review, exports, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the global exports reached the maximum at $X in 2022, and then reduced remarkably in the following year.

Exports by Country

China was the main exporting country with an export of around X tons, which accounted for X% of total exports. Belgium (X tons) took the second position in the ranking, followed by Italy (X tons). All these countries together took approx. X% share of total exports. Turkey (X tons), Poland (X tons), Germany (X tons), Canada (X tons), South Africa (X tons), Mexico (X tons), Vietnam (X tons), Lithuania (X tons), the United States (X tons) and Spain (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, Vietnam (X%), Turkey (X%), Canada (X%), Lithuania (X%), South Africa (X%), Spain (X%), Belgium (X%) and Italy (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. Mexico experienced a relatively flat trend pattern. By contrast, Germany (X%), Poland (X%) and the United States (X%) illustrated a downward trend over the same period. China (X p.p.), Turkey (X p.p.), Vietnam (X p.p.) and Canada (X p.p.) significantly strengthened its position in terms of the global exports, while the United States, Germany and Poland saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest welded netting supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Belgium ($X), with a X% share of global exports. It was followed by Italy, with an X% share.

In China, welded netting exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (X% per year) and Italy (X% per year).

Export Prices by Country

In 2023, the average welded netting export price amounted to $X per ton, waning by X% against the previous year. In general, export price indicated slight growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2022, and then fell notably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Welded Netting Imports

Imports

In 2023, supplies from abroad of welded grill, netting and fencing, not classified in hs decreased by X% to X tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Global imports peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, welded netting imports fell to $X in 2023. Overall, total imports indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of global imports remained at a somewhat lower figure.

Imports by Country

In 2023, the United States (X tons), distantly followed by France (X tons) and Italy (X tons) represented the major importers of welded grill, netting and fencing, not classified in hs, together generating X% of total imports. Germany (X tons), the UK (X tons), Belgium (X tons), the Philippines (X tons), Canada (X tons), the Netherlands (X tons), Australia (X tons), Slovakia (X tons), Thailand (X tons) and Sweden (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of X% from 2012 to 2023. At the same time, the Philippines (X%), Slovakia (X%), Sweden (X%), Thailand (X%), Italy (X%), Belgium (X%), the UK (X%), Canada (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. France and Australia experienced a relatively flat trend pattern. By contrast, Germany (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.), the Philippines (X p.p.) and Italy (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of France (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported welded grill, netting and fencing, not classified in hs worldwide, comprising X% of global imports. The second position in the ranking was held by France ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the United States, welded netting imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: France (X% per year) and Germany (X% per year).

Import Prices by Country

The average welded netting import price stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Global import price peaked at $X per ton in 2022, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform