Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Pakistan - 2023
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Pakistan (CIF) - 2023
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Pakistan (FOB) - 2022
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Pakistan
- Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Pakistan
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Pakistan (CIF) - 2023
The average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $442 per ton in February 2023, falling by -34.4% against the previous month. Over the period under review, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in October 2022 when the average import price increased by 7% month-to-month. As a result, import price reached the peak level of $1,007 per ton. From November 2022 to February 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In February 2023, the country with the highest price was Iran ($611 per ton), while the price for China amounted to $430 per ton.
From August 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Iran (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Pakistan (FOB) - 2022
The average export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $706 per ton in 2022, falling by -1.6% against the previous year. Overall, the export price saw a perceptible shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 78%. The export price peaked at $1,134 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($2,037 per ton), while the average price for exports to the United States ($211 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+112.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Pakistan
In 2022, approx. 20K tons of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses were imported into Pakistan; surging by 44% compared with the previous year's figure. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 77%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses soared to $19M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 143%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 0.1 | 0.1 | 4.6 | 8.3 | 336.2% |
| China | 2.7 | 1.9 | 2.6 | 5.7 | 28.3% |
| Ukraine | 1.5 | 1.5 | 1.6 | 1.7 | 4.3% |
| Vietnam | 0.1 | 0.2 | 0.4 | 1.0 | 115.4% |
| United Arab Emirates | 0.2 | 0.1 | 0.5 | 0.8 | 58.7% |
| Brazil | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Japan | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Spain | 0.3 | 0.2 | 1.3 | 0.1 | -30.7% |
| Others | 1.1 | 0.6 | 0.8 | 0.7 | -14.0% |
| Total | 6.3 | 5.0 | 12.0 | 18.6 | 43.5% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Pakistan in 2022:
- Iran (12.4K tons)
- China (4.5K tons)
- Vietnam (1.0K tons)
- United Arab Emirates (0.6K tons)
- Ukraine (0.4K tons)
- Brazil (0.4K tons)
- Japan (0.1K tons)
- Spain (0.1K tons)
Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Pakistan
In 2022, overseas shipments of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses were finally on the rise to reach 22 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp setback.
In value terms, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses expanded significantly to $15K in 2022. In general, exports, however, continue to indicate a sharp downturn.
| Export of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 42.5 | 9.6 | 0.2 | 9.9 | -38.5% |
| United Kingdom | 17.5 | 4.0 | 0.1 | 4.1 | -38.4% |
| United States | 0.1 | N/A | N/A | 0.4 | 58.7% |
| Germany | 0.6 | 0.1 | N/A | 0.1 | -45.0% |
| Finland | N/A | 1.8 | N/A | N/A | 0% |
| United Arab Emirates | 2.2 | 0.3 | N/A | N/A | -86.4% |
| Qatar | N/A | N/A | 14.1 | N/A | 0% |
| Others | 2.4 | 0.5 | N/A | 0.9 | -27.9% |
| Total | 65.2 | 16.4 | 14.5 | 15.5 | -38.1% |
Top Export Markets for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Pakistan in 2022:
- Afghanistan (17.2 tons)
- United Kingdom (2.0 tons)
- United States (1.7 tons)
- Germany (0.6 tons)
497
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Pakistan.
428
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Pakistan.
237
This report provides an in-depth analysis of the hot-rolled wire rod market in Pakistan.
333
This report provides an in-depth analysis of the market for tyre cord wire rod in Pakistan.
388
This report provides an in-depth analysis of the market for free-cutting steel wire rod in Pakistan.
293
This report provides an in-depth analysis of the market for concrete reinforcing wire rod in Pakistan.
151
This report provides an in-depth analysis of the market for hot-rolled non-alloy steel wire rod in Pakistan.
1779
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
673
This report provides an in-depth analysis of the global market for deformed non-alloy steel wire rod.
408
Global Hot-Rolled Wire Rod Market Report 2018. This report provides an in-depth analysis of the global hot-rolled wire rod market.
201
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.
1507
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...
4623
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...
1216
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
126
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.
293
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.
201
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.
1507
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...
4623
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...
1216
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
