Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Indonesia - 2022

Contents:

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

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

The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $905 per ton in 2022, jumping by 30% against the previous year. Overall, the import price, however, saw a slight reduction. Over the period under review, average import prices reached the peak figure at $1,016 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($1,102 per ton) and South Korea ($951 per ton), while the price for Japan ($893 per ton) and China ($903 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $2,005 per ton in 2022, with a decrease of -2.1% against the previous year. In general, the export price, however, posted a strong increase. The pace of growth appeared the most rapid in 2015 an increase of 98%. The export price peaked at $2,891 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($8,834 per ton), while the average price for exports to Singapore ($526 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 India (+24.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds into Indonesia rose notably to 734K tons, increasing by 14% compared with the previous year's figure. In general, imports posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 106%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds skyrocketed to $665M in 2022. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 137%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan23712632150828.9%
South Korea41.223.935.574.521.8%
China99.027.273.064.6-13.3%
Taiwan (Chinese)13.99.315.513.90.0%
Others1.82.12.53.322.4%
Total39318944766519.2%

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

  1. Japan (569.3K tons)
  2. South Korea (78.4K tons)
  3. China (71.5K tons)
  4. Taiwan (Chinese) (12.6K tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of alloy steel, flat-rolled, width 600mm or more, cold-rolleds, when their volume decreased by -90.3% to 9.3 tons. Overall, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 173%.

In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds reduced sharply to $19K in 2022. Over the period under review, exports saw a sharp setback. The pace of growth was the most pronounced in 2020 when exports increased by 185%.

Export of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India39.672.874.913.3-30.5%
South Korea6.77.89.01.8-35.5%
Singapore4.48.08.11.5-30.1%
Japan8.759.155.11.4-45.6%
China0.56.73.20.50.0%
Thailand3.57.63.90.1-69.4%
MalaysiaN/A9.836.6N/A273.5%
OthersN/A8.75.8N/A-33.3%
Total63.418019718.6-33.6%

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

  1. South Korea (3.0 tons)
  2. Singapore (2.9 tons)
  3. India (1.5 tons)
  4. Japan (1.2 tons)
  5. China (0.7 tons)

Source: IndexBox Market Intelligence Platform

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