Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Egypt - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Egypt (CIF) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Egypt (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Egypt
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Egypt
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Egypt (CIF) - 2022
In 2022, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $14,582 per ton, surging by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2020 when the average import price increased by 32%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($14,582 per ton) and South Korea ($14,582 per ton), while the price for Ukraine ($14,579 per ton) and Italy ($14,581 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Egypt (FOB) - 2022
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $19,891 per ton in 2022, with an increase of 2.6% against the previous year. Overall, the export price continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2015 an increase of 2,798%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Libya.
From 2012 to 2022, the rate of growth in terms of prices for Libya amounted to +17.2% per year.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Egypt
In 2022, the amount of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia imported into Egypt dropped rapidly to 400 tons, reducing by -15.5% on 2021. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia reached $5.8M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,193 | 2,780 | 2,600 | 4,232 | 9.8% |
| Austria | 4.0 | 1.0 | 1,061 | 170 | 249.0% |
| Spain | N/A | 58.9 | N/A | 127 | 46.8% |
| South Korea | 70.7 | 82.6 | 436 | 56.1 | -7.4% |
| Italy | 186 | 110 | 22.0 | 47.9 | -36.4% |
| Ukraine | 379 | 17.2 | 314 | 34.7 | -54.9% |
| Russia | 1,029 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 357 | 538 | 305 | N/A | -7.6% |
| Others | 595 | 112 | 1,025 | 1,165 | 25.1% |
| Total | 5,813 | 3,698 | 5,762 | 5,832 | 0.1% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Egypt in 2022:
- China (290.2 tons)
- Austria (11.6 tons)
- Spain (8.7 tons)
- South Korea (3.8 tons)
- Italy (3.3 tons)
- Ukraine (2.4 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Egypt
In 2022, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia from Egypt declined notably to 341 kg, which is down by -90.4% against the year before. Overall, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia declined markedly to $6.8K in 2022. Over the period under review, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 136 | N/A | N/A | 6.8 | -63.2% |
| Eritrea | N/A | 55.5 | N/A | N/A | 0% |
| Tunisia | N/A | N/A | 67.3 | N/A | 0% |
| Others | N/A | 0.1 | 1.7 | N/A | 1600.0% |
| Total | 136 | 55.6 | 69.0 | 6.8 | -63.2% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Egypt in 2022:
- Libya (341.0 kg)
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