Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Indonesia - 2022
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Indonesia (CIF) - 2022
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Indonesia (FOB) - 2022
- Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Indonesia
- Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Indonesia
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Indonesia (CIF) - 2022
In March 2022, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $3,926 per ton, growing by 10% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in June 2021 when the average import price increased by 31% m-o-m. Over the period under review, average import prices hit record highs in March 2022.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Japan ($8,454 per ton), while the price for Vietnam ($1,063 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Indonesia (FOB) - 2022
The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $1,171 per ton in 2022, shrinking by -11.1% against the previous year. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 71%. The export price peaked at $2,672 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($3,653 per ton), while the average price for exports to Singapore ($523 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+39.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Indonesia
In 2022, imports of alloy steel flat-rolled products, of a width of less than 600mms into Indonesia reached 20K tons, picking up by 6.1% against 2021. Over the period under review, imports posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 102%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms stood at $64M in 2022. In general, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 103% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 31.3 | 18.9 | 39.4 | 35.6 | 4.4% |
| South Korea | 6.8 | 4.4 | 6.6 | 9.2 | 10.6% |
| China | 1.1 | 0.8 | 5.4 | 6.8 | 83.5% |
| Austria | 0.9 | 1.6 | 2.3 | 4.2 | 67.1% |
| United Arab Emirates | 1.1 | 1.0 | 0.7 | 2.5 | 31.5% |
| Singapore | 1.0 | 0.3 | 0.8 | 2.3 | 32.0% |
| Germany | 1.3 | 0.3 | 0.3 | 1.2 | -2.6% |
| Malaysia | 3.4 | 0.5 | 0.1 | 0.6 | -43.9% |
| Thailand | N/A | N/A | 1.6 | 0.3 | -81.3% |
| Taiwan (Chinese) | 2.4 | 0.9 | 1.6 | 0.2 | -56.3% |
| Others | 1.2 | 0.3 | 0.3 | 1.3 | 2.7% |
| Total | 50.4 | 29.1 | 59.0 | 64.2 | 8.4% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Indonesia in 2022:
- South Korea (6.5K tons)
- Japan (5.9K tons)
- China (3.1K tons)
- Austria (1.3K tons)
- Singapore (0.8K tons)
- United Arab Emirates (0.8K tons)
- Malaysia (0.3K tons)
- Germany (0.3K tons)
- Thailand (0.2K tons)
- Taiwan (Chinese) (0.1K tons)
Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Indonesia
In 2022, overseas shipments of alloy steel flat-rolled products, of a width of less than 600mms were finally on the rise to reach 1.8K tons after two years of decline. In general, exports, however, recorded a abrupt contraction.
In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms soared to $2.1M in 2022. Overall, exports, however, recorded a deep downturn.
| Export of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,189 | 654 | 257 | 1,152 | -19.3% |
| Vietnam | 380 | 1,062 | 244 | 495 | 9.2% |
| Thailand | 99.8 | 183 | 92.9 | 238 | 33.6% |
| Paraguay | N/A | N/A | N/A | 98.8 | 0% |
| Japan | 306 | 53.8 | 8.0 | 54.5 | -43.7% |
| Taiwan (Chinese) | 37.0 | 60.8 | 22.8 | 15.4 | -25.3% |
| Others | 94.2 | 1.3 | 5.0 | 55.9 | -16.0% |
| Total | 3,106 | 2,014 | 631 | 2,109 | -12.1% |
Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Indonesia in 2022:
- China (1367.1 tons)
- Vietnam (232.9 tons)
- Thailand (65.0 tons)
- Japan (53.5 tons)
- Paraguay (34.8 tons)
- Taiwan (Chinese) (19.2 tons)
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