Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Ethiopia - 2022

Contents:

  1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Ethiopia (CIF) - 2022
  2. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Ethiopia

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Ethiopia (CIF) - 2022

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $1,724 per ton in 2022, with an increase of 6.2% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 alloy steel flat-rolled products, of a width of less than 600mms decreased by -0.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 38% against the previous year. Over the period under review, average import prices reached the maximum at $1,727 per ton in 2020; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($20,000 per ton), while the price for Turkey ($515 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+31.1%), while the prices for the other major suppliers experienced a decline.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Ethiopia

In 2022, the amount of alloy steel flat-rolled products, of a width of less than 600mms imported into Ethiopia declined markedly to 4.2 tons, waning by -80.9% against the year before. Over the period under review, imports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 83% against the previous year.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms contracted sharply to $7.3K in 2022. In general, imports faced a sharp descent. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year.

Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.60.911.54.189.8%
Poland4.15.67.11.6-26.9%
Turkey10.29.58.01.2-51.0%
China23.33.78.20.1-83.7%
Others1.21.11.20.3-37.0%
Total39.420.935.97.3-43.0%

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Ethiopia in 2022:

  1. Turkey (2372.0 kg)
  2. India (1352.0 kg)
  3. Poland (390.0 kg)
  4. China (42.0 kg)

Source: IndexBox Market Intelligence Platform

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