The World Market for Free-cutting Steel Bars and Rods: A 2021 Global Trade Perspective
This report was created for strategic planners, international executives, and import/export managers who are concerned with the market for free-cutting steel bars and rods. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics that appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for free-cutting steel bars and rods for those countries serving the world market via exports or supplying from various countries via imports. I do so for the current year based on a variety of key historical indicators and econometric models.
On the demand side, exporters and strategic planners approaching the world market face a number of questions. Which countries are supplying free-cutting steel bars and rods? What is the dollar value of these imports? How much do the imports of free-cutting steel bars and rods vary from one country to another? Do exporters serving the world market have similar market shares across the importing countries? Which countries supply the most exports of free-cutting steel bars and rods? Which countries are buying their exports? What is the value of these exports and which countries are the largest buyers?
In what follows, Chapter 2 begins by summarizing the regional markets for imported and exported free-cutting steel bars and rods. The total level of imports and exports on a worldwide basis, and those for each region, is based on a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the shares that countries are likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information for strategic planning purposes.
After the worldwide summary in Chapter 2 of both imports and exports, Chapter 3 details the exports of free-cutting steel bars and rods, for each individual country. Chapter 4 does the same, but for imports of free-cutting steel bars and rods for all countries in the world. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present the complete picture for imports and exports of free-cutting steel bars and rods to and from all major countries in the world. Of the 150 countries considered, if a country is not reported here, it is therefore estimated to have only a negligible level of trade in free-cutting steel bars and rods (i.e. their market shares are close or equal to zero percent). 'Free-cutting Steel Bars and Rods' as a category is defined in this report following the definition given by the United Nations Statistics Division Classification Registry using the Standard International Trade Classification, Revision 3 (SITC, Rev. 3). The SITC code that defines 'free-cutting steel bars and rods' is 67622.
Important Caveat: The figures should be seen as market estimates, as opposed to historical records, as these are forecasted for the current year of trade. More importantly, in light of the fact that unforeseeable factors might interrupt markets in achieving their reported levels, the figures should be seen as estimates of potential. For example, 'mad cow' disease, foot-and-mouth disease, trade embargoes, labor disputes, military conflicts, acts of terrorism, and other events will certainly affect the actual trade flows recorded for a variety of industry or product categories. In such cases, the difference between the numbers given in this report and the numbers actually observed might be interpreted as the 'net loss' or 'net gain' due to these exogenous events affecting regular trade flows that would have occurred had these events not have taken place.
Related Reports: This report was created for the market for free-cutting steel bars and rods. Closely related reports published by ICON Group include the following:
On the demand side, exporters and strategic planners approaching the world market face a number of questions. Which countries are supplying free-cutting steel bars and rods? What is the dollar value of these imports? How much do the imports of free-cutting steel bars and rods vary from one country to another? Do exporters serving the world market have similar market shares across the importing countries? Which countries supply the most exports of free-cutting steel bars and rods? Which countries are buying their exports? What is the value of these exports and which countries are the largest buyers?
In what follows, Chapter 2 begins by summarizing the regional markets for imported and exported free-cutting steel bars and rods. The total level of imports and exports on a worldwide basis, and those for each region, is based on a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the shares that countries are likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information for strategic planning purposes.
After the worldwide summary in Chapter 2 of both imports and exports, Chapter 3 details the exports of free-cutting steel bars and rods, for each individual country. Chapter 4 does the same, but for imports of free-cutting steel bars and rods for all countries in the world. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present the complete picture for imports and exports of free-cutting steel bars and rods to and from all major countries in the world. Of the 150 countries considered, if a country is not reported here, it is therefore estimated to have only a negligible level of trade in free-cutting steel bars and rods (i.e. their market shares are close or equal to zero percent). 'Free-cutting Steel Bars and Rods' as a category is defined in this report following the definition given by the United Nations Statistics Division Classification Registry using the Standard International Trade Classification, Revision 3 (SITC, Rev. 3). The SITC code that defines 'free-cutting steel bars and rods' is 67622.
Important Caveat: The figures should be seen as market estimates, as opposed to historical records, as these are forecasted for the current year of trade. More importantly, in light of the fact that unforeseeable factors might interrupt markets in achieving their reported levels, the figures should be seen as estimates of potential. For example, 'mad cow' disease, foot-and-mouth disease, trade embargoes, labor disputes, military conflicts, acts of terrorism, and other events will certainly affect the actual trade flows recorded for a variety of industry or product categories. In such cases, the difference between the numbers given in this report and the numbers actually observed might be interpreted as the 'net loss' or 'net gain' due to these exogenous events affecting regular trade flows that would have occurred had these events not have taken place.
Related Reports: This report was created for the market for free-cutting steel bars and rods. Closely related reports published by ICON Group include the following:
- The World Market for Cold-Formed or Cold-Finished Iron and Non-Alloy Steel Angles, Shapes, and Sections: A 2021 Global Trade Perspective
- The World Market for Concrete Reinforcing Bars of Iron or Non-Alloy Steel and Bars and Rods of Free-Cutting Steel in Irregularly Wound Coils: A 2021 Global Trade Perspective
- The World Market for Free-Cutting Steel Bars and Rods: A 2021 Global Trade Perspective
- The World Market for High-Speed Steel Bars and Rods: A 2021 Global Trade Perspective
- The World Market for Hollow Drill Steel Bars and Rods: A 2021 Global Trade Perspective
- The World Market for Hot-Rolled Iron and Non-Alloy Steel Bars and Rods That Have Been Deformed during Rolling: A 2021 Global Trade Perspective
- The World Market for Hot-Rolled, Free-Cutting Steel Bars and Rods in Irregular Coils: A 2021 Global Trade Perspective
- The World Market for Hot-Rolled, Hot-Drawn, or Extruded Iron and Non-Alloy Steel with U, I, H, L and T Sections Less Than 80 mm High: A 2021 Global Trade Perspective
- The World Market for Hot-Rolled, Hot-Drawn, or Extruded Iron and Non-Alloy Steel with U, I, H, L and T Sections of At Least 80 mm High: A 2021 Global Trade Perspective
- The World Market for Iron and Steel Angles, Shapes, Sections (Excluding Rails), and Sheet Piling: A 2021 Global Trade Perspective
- The World Market for Iron and Steel Sheet Piling, Welded Angles, Shapes, and Sections: A 2021 Global Trade Perspective
- The World Market for Irregular Coils of Hot-Rolled Stainless Steel Bars and Rods: A 2021 Global Trade Perspective
- The World Market for Ribbed Iron Bars and Rods: A 2021 Global Trade Perspective
- The World Market for Stainless Steel Angles, Shapes, and Sections: A 2021 Global Trade Perspective
1 METHODOLOGY
1.1 OUR APPROACH
2 THE WORLD MARKET
2.1 EXPORTS
2.1.1 THE WORLD MARKET: FREE-CUTTING STEEL BARS AND RODS EXPORT SUPPLIES IN 2021
2.2 IMPORTS
2.2.1 THE WORLD MARKET: IMPORTED FREE-CUTTING STEEL BARS AND RODS IN 2021
3 EXPORTS
3.1 AFRICA: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.1.1 EXECUTIVE SUMMARY
3.1.2 BOTSWANA
3.1.3 KENYA
3.1.4 SOUTH AFRICA
3.1.5 UGANDA
3.2 ASIA: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.2.1 EXECUTIVE SUMMARY
3.2.2 BHUTAN
3.2.3 CHINA
3.2.4 HONG KONG
3.2.5 INDIA
3.2.6 JAPAN
3.2.7 MALAYSIA
3.2.8 SINGAPORE
3.2.9 SOUTH KOREA
3.2.10 TAIWAN
3.2.11 VIETNAM
3.3 EUROPE: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.3.1 EXECUTIVE SUMMARY
3.3.2 AUSTRIA
3.3.3 BELGIUM
3.3.4 BULGARIA
3.3.5 CZECH REPUBLIC
3.3.6 FRANCE
3.3.7 GERMANY
3.3.8 HUNGARY
3.3.9 IRELAND
3.3.10 ITALY
3.3.11 LUXEMBOURG
3.3.12 NORWAY
3.3.13 POLAND
3.3.14 PORTUGAL
3.3.15 ROMANIA
3.3.16 RUSSIA
3.3.17 SPAIN
3.3.18 SWEDEN
3.3.19 SWITZERLAND
3.3.20 THE NETHERLANDS
3.3.21 THE UNITED KINGDOM
3.4 LATIN AMERICA: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.4.1 EXECUTIVE SUMMARY
3.4.2 ARGENTINA
3.4.3 BRAZIL
3.4.4 COSTA RICA
3.4.5 EL SALVADOR
3.4.6 GUATEMALA
3.4.7 HONDURAS
3.4.8 MEXICO
3.5 NORTH AMERICA & THE CARIBBEAN: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.5.1 EXECUTIVE SUMMARY
3.5.2 CANADA
3.5.3 DOMINICAN REPUBLIC
3.5.4 THE UNITED STATES
3.5.5 TRINIDAD AND TOBAGO
3.6 OCEANIA: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.6.1 EXECUTIVE SUMMARY
3.6.2 AUSTRALIA
3.6.3 NEW ZEALAND
3.7 THE MIDDLE EAST: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.7.1 EXECUTIVE SUMMARY
3.7.2 THE UNITED ARAB EMIRATES
3.7.3 TURKEY
4 IMPORTS
4.1 AFRICA: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.1.1 EXECUTIVE SUMMARY
4.1.2 ALGERIA
4.1.3 BENIN
4.1.4 BOTSWANA
4.1.5 BURUNDI
4.1.6 EGYPT
4.1.7 ETHIOPIA
4.1.8 GUINEA
4.1.9 MADAGASCAR
4.1.10 MALAWI
4.1.11 MAURITIUS
4.1.12 MOZAMBIQUE
4.1.13 NAMIBIA
4.1.14 NIGERIA
4.1.15 SOUTH AFRICA
4.1.16 UGANDA
4.1.17 ZAMBIA
4.1.18 ZIMBABWE
4.2 ASIA: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.2.1 EXECUTIVE SUMMARY
4.2.2 CHINA
4.2.3 INDIA
4.2.4 INDONESIA
4.2.5 MALAYSIA
4.2.6 NEPAL
4.2.7 SINGAPORE
4.2.8 SOUTH KOREA
4.2.9 SRI LANKA
4.2.10 TAIWAN
4.2.11 THAILAND
4.2.12 VIETNAM
4.3 EUROPE: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.3.1 EXECUTIVE SUMMARY
4.3.2 AUSTRIA
4.3.3 BELARUS
4.3.4 BELGIUM
4.3.5 BOSNIA AND HERZEGOVINA
4.3.6 BULGARIA
4.3.7 CZECH REPUBLIC
4.3.8 DENMARK
4.3.9 FINLAND
4.3.10 FRANCE
4.3.11 GEORGIA
4.3.12 GERMANY
4.3.13 GREECE
4.3.14 HUNGARY
4.3.15 IRELAND
4.3.16 ITALY
4.3.17 KAZAKHSTAN
4.3.18 LITHUANIA
4.3.19 LUXEMBOURG
4.3.20 MALTA
4.3.21 NORWAY
4.3.22 POLAND
4.3.23 PORTUGAL
4.3.24 ROMANIA
4.3.25 RUSSIA
4.3.26 SLOVAKIA
4.3.27 SLOVENIA
4.3.28 SPAIN
4.3.29 SWEDEN
4.3.30 SWITZERLAND
4.3.31 THE NETHERLANDS
4.3.32 THE UNITED KINGDOM
4.4 LATIN AMERICA: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.4.1 EXECUTIVE SUMMARY
4.4.2 ARGENTINA
4.4.3 BOLIVIA
4.4.4 BRAZIL
4.4.5 CHILE
4.4.6 COLOMBIA
4.4.7 ECUADOR
4.4.8 EL SALVADOR
4.4.9 GUATEMALA
4.4.10 GUYANA
4.4.11 HONDURAS
4.4.12 MEXICO
4.4.13 NICARAGUA
4.4.14 PANAMA
4.4.15 PERU
4.5 NORTH AMERICA & THE CARIBBEAN: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.5.1 EXECUTIVE SUMMARY
4.5.2 ANTIGUA AND BARBUDA
4.5.3 CANADA
4.5.4 DOMINICAN REPUBLIC
4.5.5 ST. LUCIA
4.5.6 THE BAHAMAS
4.5.7 THE UNITED STATES
4.6 OCEANIA: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.6.1 EXECUTIVE SUMMARY
4.6.2 AUSTRALIA
4.6.3 FRENCH POLYNESIA
4.6.4 NEW ZEALAND
4.6.5 TONGA
4.7 THE MIDDLE EAST: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.7.1 EXECUTIVE SUMMARY
4.7.2 BAHRAIN
4.7.3 ISRAEL
4.7.4 KUWAIT
4.7.5 OMAN
4.7.6 PAKISTAN
4.7.7 QATAR
4.7.8 TURKEY
5 DISCLAIMERS, WARRANTIES, AND USER AGREEMENT PROVISIONS
5.1 DISCLAIMERS & SAFE HARBOR
5.2 ICON GROUP INTERNATIONAL, INC. USER AGREEMENT PROVISIONS
1.1 OUR APPROACH
2 THE WORLD MARKET
2.1 EXPORTS
2.1.1 THE WORLD MARKET: FREE-CUTTING STEEL BARS AND RODS EXPORT SUPPLIES IN 2021
2.2 IMPORTS
2.2.1 THE WORLD MARKET: IMPORTED FREE-CUTTING STEEL BARS AND RODS IN 2021
3 EXPORTS
3.1 AFRICA: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.1.1 EXECUTIVE SUMMARY
3.1.2 BOTSWANA
3.1.3 KENYA
3.1.4 SOUTH AFRICA
3.1.5 UGANDA
3.2 ASIA: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.2.1 EXECUTIVE SUMMARY
3.2.2 BHUTAN
3.2.3 CHINA
3.2.4 HONG KONG
3.2.5 INDIA
3.2.6 JAPAN
3.2.7 MALAYSIA
3.2.8 SINGAPORE
3.2.9 SOUTH KOREA
3.2.10 TAIWAN
3.2.11 VIETNAM
3.3 EUROPE: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.3.1 EXECUTIVE SUMMARY
3.3.2 AUSTRIA
3.3.3 BELGIUM
3.3.4 BULGARIA
3.3.5 CZECH REPUBLIC
3.3.6 FRANCE
3.3.7 GERMANY
3.3.8 HUNGARY
3.3.9 IRELAND
3.3.10 ITALY
3.3.11 LUXEMBOURG
3.3.12 NORWAY
3.3.13 POLAND
3.3.14 PORTUGAL
3.3.15 ROMANIA
3.3.16 RUSSIA
3.3.17 SPAIN
3.3.18 SWEDEN
3.3.19 SWITZERLAND
3.3.20 THE NETHERLANDS
3.3.21 THE UNITED KINGDOM
3.4 LATIN AMERICA: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.4.1 EXECUTIVE SUMMARY
3.4.2 ARGENTINA
3.4.3 BRAZIL
3.4.4 COSTA RICA
3.4.5 EL SALVADOR
3.4.6 GUATEMALA
3.4.7 HONDURAS
3.4.8 MEXICO
3.5 NORTH AMERICA & THE CARIBBEAN: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.5.1 EXECUTIVE SUMMARY
3.5.2 CANADA
3.5.3 DOMINICAN REPUBLIC
3.5.4 THE UNITED STATES
3.5.5 TRINIDAD AND TOBAGO
3.6 OCEANIA: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.6.1 EXECUTIVE SUMMARY
3.6.2 AUSTRALIA
3.6.3 NEW ZEALAND
3.7 THE MIDDLE EAST: EXPORT SUPPLIES OF FREE-CUTTING STEEL BARS AND RODS IN 2021
3.7.1 EXECUTIVE SUMMARY
3.7.2 THE UNITED ARAB EMIRATES
3.7.3 TURKEY
4 IMPORTS
4.1 AFRICA: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.1.1 EXECUTIVE SUMMARY
4.1.2 ALGERIA
4.1.3 BENIN
4.1.4 BOTSWANA
4.1.5 BURUNDI
4.1.6 EGYPT
4.1.7 ETHIOPIA
4.1.8 GUINEA
4.1.9 MADAGASCAR
4.1.10 MALAWI
4.1.11 MAURITIUS
4.1.12 MOZAMBIQUE
4.1.13 NAMIBIA
4.1.14 NIGERIA
4.1.15 SOUTH AFRICA
4.1.16 UGANDA
4.1.17 ZAMBIA
4.1.18 ZIMBABWE
4.2 ASIA: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.2.1 EXECUTIVE SUMMARY
4.2.2 CHINA
4.2.3 INDIA
4.2.4 INDONESIA
4.2.5 MALAYSIA
4.2.6 NEPAL
4.2.7 SINGAPORE
4.2.8 SOUTH KOREA
4.2.9 SRI LANKA
4.2.10 TAIWAN
4.2.11 THAILAND
4.2.12 VIETNAM
4.3 EUROPE: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.3.1 EXECUTIVE SUMMARY
4.3.2 AUSTRIA
4.3.3 BELARUS
4.3.4 BELGIUM
4.3.5 BOSNIA AND HERZEGOVINA
4.3.6 BULGARIA
4.3.7 CZECH REPUBLIC
4.3.8 DENMARK
4.3.9 FINLAND
4.3.10 FRANCE
4.3.11 GEORGIA
4.3.12 GERMANY
4.3.13 GREECE
4.3.14 HUNGARY
4.3.15 IRELAND
4.3.16 ITALY
4.3.17 KAZAKHSTAN
4.3.18 LITHUANIA
4.3.19 LUXEMBOURG
4.3.20 MALTA
4.3.21 NORWAY
4.3.22 POLAND
4.3.23 PORTUGAL
4.3.24 ROMANIA
4.3.25 RUSSIA
4.3.26 SLOVAKIA
4.3.27 SLOVENIA
4.3.28 SPAIN
4.3.29 SWEDEN
4.3.30 SWITZERLAND
4.3.31 THE NETHERLANDS
4.3.32 THE UNITED KINGDOM
4.4 LATIN AMERICA: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.4.1 EXECUTIVE SUMMARY
4.4.2 ARGENTINA
4.4.3 BOLIVIA
4.4.4 BRAZIL
4.4.5 CHILE
4.4.6 COLOMBIA
4.4.7 ECUADOR
4.4.8 EL SALVADOR
4.4.9 GUATEMALA
4.4.10 GUYANA
4.4.11 HONDURAS
4.4.12 MEXICO
4.4.13 NICARAGUA
4.4.14 PANAMA
4.4.15 PERU
4.5 NORTH AMERICA & THE CARIBBEAN: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.5.1 EXECUTIVE SUMMARY
4.5.2 ANTIGUA AND BARBUDA
4.5.3 CANADA
4.5.4 DOMINICAN REPUBLIC
4.5.5 ST. LUCIA
4.5.6 THE BAHAMAS
4.5.7 THE UNITED STATES
4.6 OCEANIA: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.6.1 EXECUTIVE SUMMARY
4.6.2 AUSTRALIA
4.6.3 FRENCH POLYNESIA
4.6.4 NEW ZEALAND
4.6.5 TONGA
4.7 THE MIDDLE EAST: FREE-CUTTING STEEL BARS AND RODS IMPORTS IN 2021
4.7.1 EXECUTIVE SUMMARY
4.7.2 BAHRAIN
4.7.3 ISRAEL
4.7.4 KUWAIT
4.7.5 OMAN
4.7.6 PAKISTAN
4.7.7 QATAR
4.7.8 TURKEY
5 DISCLAIMERS, WARRANTIES, AND USER AGREEMENT PROVISIONS
5.1 DISCLAIMERS & SAFE HARBOR
5.2 ICON GROUP INTERNATIONAL, INC. USER AGREEMENT PROVISIONS
