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

Contents:

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

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

In 2022, the average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds amounted to $1,813 per ton, picking up by 4.6% against the previous year. In general, the import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 55% against the previous year. The import price peaked at $1,901 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 South Africa ($2,905 per ton), while the price for India ($703 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+44.3%), 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 Tanzania

In 2022, approx. 16 tons of alloy steel, flat-rolled, width 600mm or more, cold-rolleds were imported into Tanzania; waning by -4.3% on 2021 figures. In general, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 9.5% against the previous year.

In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds reached $29K in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 0.5%. As a result, imports attained the peak of $29K; afterwards, it flattened through to 2022.

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

1. South Africa (7.9 tons)
2. India (7.0 tons)
3. China (1.1 tons)

Source: IndexBox Market Intelligence Platform