Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the Philippines - 2024
Contents:
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the Philippines (CIF) - 2022
- Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the Philippines
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the Philippines (CIF) - 2022
The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $1,049 per ton in 2022, growing by 65% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained 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 Thailand ($2,825 per ton), while the price for China ($968 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.9%), 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 the Philippines
Imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds into the Philippines skyrocketed to 15K tons in 2022, increasing by 260% on 2021 figures. In general, imports recorded strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds soared to $16M in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.4 | 1.8 | 2.2 | 7.9 | 78.0% |
| Japan | 5.2 | 4.9 | 0.1 | 6.8 | 9.4% |
| Taiwan (Chinese) | 0.5 | 0.8 | 0.2 | 0.8 | 17.0% |
| Thailand | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Others | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
| Total | 7.8 | 7.7 | 2.6 | 15.6 | 26.0% |
Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to the Philippines in 2022:
- China (8.2K tons)
- Japan (6.3K tons)
- Taiwan (Chinese) (0.4K tons)
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