Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Japan - 2023
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Japan (FOB) - 2023
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Japan (CIF) - 2022
- Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Japan
- Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Japan
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Japan (FOB) - 2023
In July 2023, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $3,589 per ton, remaining stable against the previous month. In general, the export price, however, showed a mild contraction. The pace of growth was the most pronounced in March 2023 an increase of 11% against the previous month. Over the period under review, the average export prices attained the peak figure at $3,884 per ton in November 2022; however, from December 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($6,956 per ton), while the average price for exports to Vietnam ($2,171 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Japan (CIF) - 2022
The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $3,554 per ton in 2022, rising by 28% against the previous year. In general, the import price, however, showed a noticeable decrease. The import price peaked at $6,292 per ton in 2018; however, from 2019 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 ($19,481 per ton), while the price for Taiwan (Chinese) ($1,613 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Japan
In 2022, the amount of alloy steel flat-rolled products, of a width of less than 600mms exported from Japan expanded slightly to 93K tons, picking up by 3.8% on the year before. The total export volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms expanded markedly to $368M in 2022. The total export value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 59.7 | 53.1 | 65.6 | 63.6 | 2.1% |
South Korea | 30.8 | 24.8 | 38.5 | 48.6 | 16.4% |
United States | 16.9 | 17.2 | 31.0 | 35.7 | 28.3% |
India | 7.3 | 5.8 | 6.5 | 34.8 | 68.3% |
Indonesia | 31.3 | 18.9 | 32.9 | 28.7 | -2.8% |
Thailand | 21.5 | 16.4 | 22.4 | 23.4 | 2.9% |
Vietnam | 31.3 | 21.2 | 31.3 | 22.4 | -10.6% |
Taiwan (Chinese) | 16.3 | 19.5 | 19.7 | 15.3 | -2.1% |
Malaysia | 10.4 | 10.4 | 15.3 | 13.6 | 9.4% |
Australia | 6.0 | 4.9 | 7.9 | 13.0 | 29.4% |
Canada | 3.9 | 4.0 | 4.7 | 8.0 | 27.1% |
Kuwait | 2.6 | 4.9 | 6.3 | 7.9 | 44.8% |
Mexico | 9.7 | 0.8 | 4.8 | 4.8 | -20.9% |
Others | 47.8 | 49.7 | 58.8 | 48.1 | 0.2% |
Total | 295 | 252 | 346 | 368 | 7.6% |
Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Japan in 2022:
- China (18.1K tons)
- South Korea (17.1K tons)
- India (13.7K tons)
- Vietnam (8.5K tons)
- United States (7.7K tons)
- Malaysia (4.3K tons)
- Indonesia (4.1K tons)
- Australia (3.7K tons)
- Thailand (3.7K tons)
- Taiwan (Chinese) (2.7K tons)
- Mexico (2.1K tons)
- Canada (1.8K tons)
- Kuwait (1.6K tons)
Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Japan
In 2022, after three years of growth, there was significant decline in purchases abroad of alloy steel flat-rolled products, of a width of less than 600mms, when their volume decreased by -25.5% to 21K tons. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 223% against the previous year.
In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms declined modestly to $76M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 115%.
Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.6 | 26.2 | 58.6 | 52.7 | 172.7% |
Sweden | 5.6 | 5.0 | 6.0 | 5.9 | 1.8% |
United States | 3.5 | 3.9 | 4.1 | 5.8 | 18.3% |
Austria | 4.2 | 5.7 | 3.8 | 5.0 | 6.0% |
Switzerland | 1.2 | 0.5 | 1.3 | 2.0 | 18.6% |
South Korea | 2.6 | 3.7 | 3.5 | 1.9 | -9.9% |
Taiwan (Chinese) | 0.8 | 0.9 | 1.5 | 1.1 | 11.2% |
Others | 1.7 | 2.1 | 1.2 | 1.9 | 3.8% |
Total | 22.3 | 47.9 | 80.2 | 76.3 | 50.7% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Japan in 2022:
- China (18.1K tons)
- Taiwan (Chinese) (0.7K tons)
- South Korea (0.6K tons)
- Austria (0.5K tons)
- Sweden (0.5K tons)
- Switzerland (0.4K tons)
- United States (0.3K tons)
This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product in Japan.
This report provides an in-depth analysis of the global market for silicon-electrical steel flat-rolled product.
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