Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Angola - 2022

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Angola (CIF) - 2022
2. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Angola

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Angola (CIF) - 2022

In 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $539 per ton, with a decrease of -18.2% against the previous year. Overall, the import price showed a abrupt contraction. The growth pace was the most rapid in 2016 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the peak figure at $1,850 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United States ($3,093 per ton), while the price for Turkey ($144 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+40.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Angola

In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores imported into Angola soared to 25K tons, growing by 37% against 2021. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 70% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores rose sharply to $14M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 44%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Angola in 2022:

1. Turkey (6.1K tons)
2. India (3.9K tons)
3. China (3.9K tons)
4. Portugal (2.5K tons)
5. Russia (2.3K tons)
6. Austria (1.0K tons)
7. Egypt (0.9K tons)
8. Spain (0.8K tons)
9. United Arab Emirates (0.7K tons)
10. United States (0.6K tons)
11. Switzerland (0.6K tons)
12. Brazil (0.5K tons)
13. Belgium (0.5K tons)

Source: IndexBox Market Intelligence Platform