Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Egypt - 2023
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Egypt (FOB) - 2023
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Egypt (CIF) - 2022
- Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Egypt
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Egypt
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Egypt (FOB) - 2023
The average export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $803 per ton in June 2023, falling by -22.3% against the previous month. In general, the export price saw a noticeable curtailment. The pace of growth was the most pronounced in February 2023 when the average export price increased by 6% month-to-month. The export price peaked at $1,137 per ton in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In June 2023, the countries with the highest prices were Turkey ($815 per ton) and Bulgaria ($797 per ton), while the average price for exports to Palestine ($780 per ton) and Tunisia ($797 per ton) were amongst the lowest.
From December 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Egypt (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $992 per ton, surging by 24% against the previous year. Over the period under review, the import price recorded a modest increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 171% against the previous year. The import price peaked at $1,332 per ton in 2015; however, from 2016 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 Russia ($992 per ton) and India ($992 per ton), while the price for Turkey ($992 per ton) and Spain ($992 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Egypt
Exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses from Egypt expanded modestly to 340K tons in 2022, with an increase of 4.9% on the previous year's figure. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses rose notably to $308M in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 93% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
Export of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 46.2 | 80.7 | 46.9 | 94.3 | 26.8% |
Palestine | N/A | N/A | N/A | 41.3 | 0% |
United States | 10.3 | 3.3 | 98.4 | 38.0 | 54.5% |
Romania | N/A | 4.2 | 4.4 | 19.8 | 117.1% |
Spain | N/A | N/A | 17.9 | 18.3 | 2.2% |
Belgium | N/A | N/A | 3.3 | 13.7 | 315.2% |
Netherlands | N/A | 10.9 | N/A | 12.5 | 7.1% |
Cyprus | N/A | N/A | N/A | 10.5 | 0% |
Italy | N/A | 3.6 | 9.8 | 10.2 | 68.3% |
Bulgaria | N/A | N/A | 4.9 | 9.8 | 100.0% |
United Kingdom | N/A | N/A | N/A | 9.2 | 0% |
Jordan | 18.8 | 18.5 | 13.6 | 8.1 | -24.5% |
Sudan | 8.6 | 4.8 | 4.8 | 4.7 | -18.2% |
Others | 39.3 | 21.6 | 80.8 | 17.4 | -23.8% |
Total | 123 | 147 | 285 | 308 | 35.8% |
Top Export Markets for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Egypt in 2022:
- Saudi Arabia (104.0K tons)
- Palestine (47.9K tons)
- United States (41.1K tons)
- Romania (23.9K tons)
- Spain (18.6K tons)
- Belgium (15.6K tons)
- Netherlands (14.8K tons)
- Italy (10.9K tons)
- Cyprus (10.7K tons)
- Bulgaria (10.0K tons)
- United Kingdom (9.4K tons)
- Jordan (9.2K tons)
- Sudan (5.4K tons)
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Egypt
In 2022, supplies from abroad of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses decreased by -20.7% to 36K tons, falling for the second year in a row after two years of growth. In general, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 92%. As a result, imports reached the peak of 121K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses reduced modestly to $35M in 2022. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 44%. As a result, imports attained the peak of $65M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 19.7 | 25.0 | 5.8 | 11.4 | -16.7% |
China | 0.1 | 0.3 | 2.6 | 9.5 | 356.3% |
Spain | N/A | 12.3 | 15.1 | 6.8 | -25.6% |
Turkey | 23.3 | 25.8 | 2.8 | 6.4 | -35.0% |
India | N/A | N/A | 5.1 | 1.3 | -74.5% |
Others | 1.7 | 1.2 | 4.6 | N/A | 64.5% |
Total | 44.9 | 64.6 | 36.0 | 35.3 | -7.7% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Egypt in 2022:
- Russia (11.5K tons)
- China (9.6K tons)
- Spain (6.8K tons)
- Turkey (6.5K tons)
- India (1.3K tons)
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Egypt.
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Egypt.
This report provides an in-depth analysis of the market for hot-rolled wire rod in coils in Egypt.
This report provides an in-depth analysis of the market for tyre cord wire rod in Egypt.
This report provides an in-depth analysis of the market for free-cutting steel wire rod in Egypt.
This report provides an in-depth analysis of the market for concrete reinforcing wire rod in Egypt.
This report provides an in-depth analysis of the market for hot-rolled non-alloy steel wire rod in Egypt.
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
This report provides an in-depth analysis of the global market for deformed non-alloy steel wire rod.
This report provides an in-depth analysis of the global market for hot-rolled wire rod in coils.
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
Discover the world's top import markets for deformed non-alloy steel wire rod in 2023. Find out which countries lead in importing this essential steel product.
Explore the top import markets for hot-rolled wire rod in coils and understand the key countries driving the global industry. From the United States to South Korea, dive into the import values and significance of these key markets.
Explore the top import markets for concrete reinforcing wire rod in 2023, including countries like Israel, United States, South Korea, and more. Learn about the key players driving the demand for this essential construction material.
Explore the top import markets for hot-rolled non-alloy steel wire rod including the United States, Germany, Netherlands, and more. Understand the demand and key statistics in these global markets.
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...