Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sri Lanka - 2022
Contents:
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sri Lanka (CIF) - 2022
- Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sri Lanka
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sri Lanka (CIF) - 2022
In 2022, the average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds amounted to $883 per ton, with an increase of 72% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($1,573 per ton), while the price for China ($610 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sri Lanka
In 2022, approx. 319 tons of alloy steel, flat-rolled, width 600mm or more, cold-rolleds were imported into Sri Lanka; picking up by 406% compared with 2021. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,324%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds surged to $282K in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 2,408% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.8 | 41.9 | 20.2 | 127 | 313.2% |
| Singapore | 0.7 | 20.1 | 11.7 | 110 | 439.6% |
| China | N/A | 0.3 | 0.5 | 44.6 | 1119.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.5 | 62.3 | 32.4 | 282 | 383.2% |
Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to Sri Lanka in 2022:
- India (175.6 tons)
- China (73.2 tons)
- Singapore (70.1 tons)
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