Global Sheet Piling Market 2024

Sheet Piling Market Size

The global sheet piling market reached $X in 2023, approximately mirroring the previous year. Over the period under review, the total consumption indicated a measured increase 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, consumption decreased by X% against 2021 indices. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the global market remained at a lower figure.

Sheet Piling Production

In value terms, sheet piling production amounted to $X in 2023 estimated in export price. Over the period under review, the total production indicated pronounced 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, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, global production growth failed to regain momentum.

Sheet Piling Exports

Exports

In 2023, overseas shipments of sheet piling, shapes and sections (of iron or steel) increased by X% to X tons for the first time since 2018, thus ending a four-year declining trend. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the global exports reached the peak figure at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, sheet piling exports contracted to $X in 2023. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The global exports peaked at $X in 2022, and then dropped in the following year.

Exports by Country

China represented the largest exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Luxembourg (X tons), Qatar (X tons) and the Czech Republic (X tons), together constituting a X% share of total exports. The following exporters - the United Arab Emirates (X tons), Poland (X tons), Japan (X tons) and the Netherlands (X tons) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to sheet piling exports from China stood at X%. At the same time, the United Arab Emirates (X%), the Czech Republic (X%) and Poland (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. The Netherlands experienced a relatively flat trend pattern. By contrast, Luxembourg (X%), Qatar (X%) and Japan (X%) illustrated a downward trend over the same period. China (X p.p.), the United Arab Emirates (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the global exports, while Japan, Luxembourg and Qatar 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 ($X), Luxembourg ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of global exports. The Czech Republic, Qatar, the Netherlands, the United Arab Emirates and Japan lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average sheet piling export price amounted to $X per ton, falling by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2022, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Qatar ($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 Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Sheet Piling Imports

Imports

In 2023, global sheet piling imports contracted to X tons, shrinking by X% against the previous year's figure. Over the period under review, imports saw a mild contraction. The most prominent rate of growth was recorded in 2022 when imports increased by X%. Global imports peaked at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, sheet piling imports declined to $X in 2023. In general, imports saw a slight decrease. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, global imports reached the maximum at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

The Philippines was the largest importer of sheet piling, shapes and sections (of iron or steel) in the world, with the volume of imports recording X tons, which was near X% of total imports in 2023. The Netherlands (X tons) took the second position in the ranking, followed by the United States (X tons) and Hong Kong SAR (X tons). All these countries together took near X% share of total imports. The UK (X tons), Germany (X tons), Ireland (X tons), Singapore (X tons), Canada (X tons), Belgium (X tons), Russia (X tons), Taiwan (Chinese) (X tons) and Bangladesh (X tons) held a relatively small share of total imports.

The Philippines was also the fastest-growing in terms of the sheet piling, shapes and sections (of iron or steel) imports, with a CAGR of X% from 2012 to 2023. At the same time, Bangladesh (X%), Ireland (X%), Taiwan (Chinese) (X%), Belgium (X%) and the UK (X%) displayed positive paces of growth. The United States, Germany and Singapore experienced a relatively flat trend pattern. By contrast, the Netherlands (X%), Hong Kong SAR (X%), Russia (X%) and Canada (X%) illustrated a downward trend over the same period. The Philippines (X p.p.), Ireland (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the global imports, while Russia and Canada saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Philippines ($X) constitutes the largest market for imported sheet piling, shapes and sections (of iron or steel) worldwide, comprising X% of global imports. The second position in the ranking was held by the Netherlands ($X), with an X% share of global imports. It was followed by the United States, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the Philippines totaled X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and the United States (X% per year).

Import Prices by Country

The average sheet piling import price stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2022, and then contracted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while Singapore ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform