Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Sudan - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Sudan (CIF) - 2022
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Sudan
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Sudan (CIF) - 2022
The average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $635 per ton in 2022, reducing by -8.9% against the previous year. Over the period under review, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. The import price peaked at $784 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($777 per ton), while the price for Egypt ($272 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Sudan
In 2022, supplies from abroad of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses was finally on the rise to reach 13K tons after two years of decline. In general, imports, however, saw a deep slump.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses contracted to $8.3M in 2022. Overall, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 4.1% against the previous year.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Sudan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 1.7 | 1.1 | 6.2 | 6.0% |
| Turkey | 0.8 | 0.5 | 1.0 | 1.3 | 17.6% |
| India | 2.0 | 0.4 | 0.5 | 0.6 | -33.1% |
| Egypt | 0.5 | 0.2 | 0.2 | 0.2 | -26.3% |
| Russia | N/A | 5.1 | 5.6 | N/A | 9.8% |
| South Africa | 1.4 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.3 | N/A | N/A | 200.0% |
| Total | 10.0 | 8.1 | 8.4 | 8.3 | -6.0% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Sudan in 2022:
- China (9.5K tons)
- Turkey (1.6K tons)
- India (1.0K tons)
- Egypt (0.8K tons)
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