Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Egypt - 2024

Contents:

1. Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Egypt (CIF) - 2022
2. Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Egypt (FOB) - 2022
3. Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Egypt
4. Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Egypt

Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Egypt (CIF) - 2022

The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $903 per ton in 2022, growing by 4.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 15%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 China ($1,520 per ton), while the price for Spain ($391 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Egypt (FOB) - 2022

The average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $656 per ton in 2022, shrinking by -9.5% against the previous year. Overall, the export price saw a abrupt setback. The pace of growth appeared the most rapid in 2013 an increase of 66%. As a result, the export price reached the peak level of $2,675 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -8.5% per year.

Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Egypt

In 2022, the amount of alloy steel, flat-rolled, width 600mm or more, cold-rolleds imported into Egypt skyrocketed to 1.5K tons, surging by 73% compared with 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 279%.

In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds soared to $1.4M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 310% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to Egypt in 2022:

1. Germany (551.5 tons)
2. Russia (245.3 tons)
3. China (201.7 tons)
4. Italy (107.5 tons)
5. Austria (105.4 tons)
6. Turkey (101.4 tons)
7. Finland (87.5 tons)

Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Egypt

In 2022, shipments abroad of alloy steel, flat-rolled, width 600mm or more, cold-rolleds was finally on the rise to reach 149 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous curtailment.

In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds skyrocketed to $98K in 2022. In general, exports, however, recorded a dramatic contraction.

Top Export Markets for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled from Egypt in 2022:

1. Saudi Arabia (149.3 tons)

Source: IndexBox Market Intelligence Platform