Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Pakistan - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Pakistan (CIF) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Pakistan
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Pakistan (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 $974 per ton, with a decrease of -28.9% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by 88% against the previous year. The import price peaked at $2,823 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($1,206 per ton), while the price for the United States ($742 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.8%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Pakistan
Imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Pakistan skyrocketed to 1.7K tons in 2022, with an increase of 44% on the previous year. Overall, imports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 102% against the previous year.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $1.6M in 2022. In general, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,717 | 1,049 | 694 | 1,017 | -16.0% |
| Japan | 1.8 | 3.7 | N/A | 128 | 314.3% |
| South Korea | N/A | 47.7 | 17.8 | 48.3 | 0.6% |
| Italy | N/A | 16.8 | 22.7 | 45.7 | 64.9% |
| Sweden | 11.7 | 7.9 | 374 | 9.6 | -6.4% |
| United States | 809 | 3.9 | N/A | 0.1 | -95.0% |
| Ukraine | N/A | N/A | 344 | N/A | 0% |
| Others | 3.4 | 106 | 133 | 368 | 376.6% |
| Total | 2,542 | 1,235 | 1,585 | 1,617 | -14.0% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Pakistan in 2022:
- China (1042.5 tons)
- Japan (123.1 tons)
- Italy (40.0 tons)
- South Korea (40.0 tons)
- Sweden (6.0 tons)
- United States (0.2 tons)
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