ASEAN Apparent Steel Slabs Consumption Sample Clauses

ASEAN Apparent Steel Slabs Consumption. The apparent consumption of slab in the ASEAN region between 2004 and 2009 was recorded at 8.4 MTPA on average. The annual apparent consumption for steel slabs fluctuated between a high of 9.5 MTPA (recorded in 2005) and a low of 6.9 MTPA (recorded in 2009). The estimated annual apparent consumption in ASEAN following the recent global economic crisis is expected to be approximately 7.5 MTPA. The relatively lower apparent consumption in 2009 is attributed to the global economic crisis which slowed down the demand for steel in the steel end-user sector. The CAGR between 2004 and 2009 was -0.37%. The average year-on-year growth between 2004 and 2009 was 1.2%. Between 2004 and 2009, on average about 46.3% of slab apparent consumption in ASEAN was consumed by Thailand, followed by an average of 27.8% of consumption from Indonesia, and 24.0% of consumption from Malaysia. The Philippines only began consuming slabs from 2005 and the proportion of slab consumption in the Philippines compared to ASEAN was 1.9%. There was no slab consumption in Singapore and Vietnam in this period. The slab consumption in Thailand ranged from a low of 3.0 MTPA and a high of 5.4 MTPA. The CAGR between 2004 and 2009 was 2.34%, rising from about 3.0 MTPA in 2004 to 3.4 MTPA in 2009. The average year-on-year growth rate in Thailand was 7.6% between 2004 and 2009. The slab consumption in Indonesia between 2004 and 2009 ranged from about 2.0 MTPA (recorded in 2009) to about 2.6 MTPA (recorded in 2008). The CAGR between 2004 and 2009 was about -1.2%. The year-on-year growth in Indonesia between 2004 and 2009 was about -0.5%. The slab consumption in Malaysia ranged between a low of about 1.4 MTPA (recorded in 2009) and a high of about 2.6 MTPA (recorded in 2007), with a CAGR of -5.2% between 2004 and 2009, and an average year-on-year growth rate of -3.0%. Annual slab consumption in the Philippines ranged from a low of approximately 64,000 metric tonnes (recorded in 2009) and a maximum of about 320,000 metric tonnes (recorded in 2007), with a CAGR between 2005 and 2009 of -8.72%, and an average year-on-year growth rate of 29.5%.
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