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

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Kuwait (FOB) - 2022
2. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Kuwait

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

In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $2,748 per ton, approximately reflecting the previous year. Overall, the export price enjoyed strong growth. The growth pace was the most rapid in 2018 an increase of 58%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($8,250 per ton), while the average price for exports to India amounted to $2,579 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+47.9%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Kuwait

For the third consecutive year, Kuwait recorded decline in shipments abroad of alloy steel flat-rolled products, of a width of less than 600mms, which decreased by 0% to 5.1 tons in 2022. In general, exports recorded a significant decline. The smallest decline of -51.4% was in 2021.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms amounted to $14K in 2022. Overall, exports recorded a significant decline.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Kuwait in 2022:

1. India (4.9 tons)
2. Iraq (0.2 tons)

Source: IndexBox Market Intelligence Platform