Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Singapore - 2023

Contents:

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

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

The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $1,829 per ton in 2022, with an increase of 24% against the previous year. Over the period under review, the import price, however, saw a noticeable decline. Over the period under review, average import prices hit record highs at $2,985 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +29.1% per year.

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

In 2022, the average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds amounted to $1,262 per ton, with an increase of 15% against the previous year. Over the period under review, the export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 68% against the previous year. As a result, the export price reached the peak level of $1,538 per ton. From 2021 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 the Philippines.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +0.2% per year.

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

Imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds into Singapore was estimated at 44K tons in 2022, growing by 1.6% compared with 2021. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 6.4%. As a result, imports reached the peak of 44K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds surged to $80M in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Japan (43.5K tons)

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

Exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds from Singapore dropped significantly to 276 tons in 2022, with a decrease of -20.6% against the previous year. Overall, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 70%.

In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds dropped to $348K in 2022. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 21%.

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

1. Philippines (274.3 tons)

Source: IndexBox Market Intelligence Platform