Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Egypt - 2023
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Egypt (CIF) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Egypt
Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Egypt (CIF) - 2022
In 2022, the average import price for steel, alloy amounted to $3,435 per ton, picking up by 29% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, alloy increased by +56.6% against 2020 indices. The growth pace was the most rapid in 2015 when the average import price increased by 37%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,502 per ton), while the price for Germany ($2,041 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Egypt
In 2022, imports of steel, alloy into Egypt soared to 1.5K tons, picking up by 200% against 2021 figures. In general, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, alloy surged to $5.1M in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 727 | 715 | 460 | 1,712 | 33.0% |
| China | 45.1 | 72.5 | 216 | 1,151 | 194.4% |
| United Arab Emirates | 39.7 | 41.8 | 37.1 | 617 | 149.6% |
| South Korea | 326 | 546 | 39.1 | 491 | 14.6% |
| France | 653 | 373 | 113 | 434 | -12.7% |
| Italy | 90.8 | 152 | 353 | 245 | 39.2% |
| Russia | 89.0 | 255 | 25.4 | 208 | 32.7% |
| Others | 345 | 176 | 77.9 | 271 | -7.7% |
| Total | 2,315 | 2,333 | 1,322 | 5,129 | 30.4% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to Egypt in 2022:
- United Kingdom (644.3 tons)
- China (209.1 tons)
- South Korea (175.9 tons)
- France (151.7 tons)
- United Arab Emirates (126.9 tons)
- Russia (71.2 tons)
- Italy (45.6 tons)
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