Price for Iron or Steel; Cast Articles in Sudan - 2022

Contents:

1. Price for Iron or Steel; Cast Articles in Sudan (CIF) - 2022
2. Price for Iron or Steel; Cast Articles in Sudan (FOB) - 2022
3. Imports of Iron or Steel; Cast Articles in Sudan
4. Exports of Iron or Steel; Cast Articles in Sudan

Price for Iron or Steel; Cast Articles in Sudan (CIF) - 2022

In 2022, the average import price for iron or steel; cast articleses amounted to $1,691 per ton, picking up by 24% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. The import price peaked at $1,801 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($32,713 per ton), while the price for China ($1,028 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel; Cast Articles in Sudan (FOB) - 2022

The average export price for iron or steel; cast articleses stood at $12,364 per ton in 2021, increasing by 66% against the previous year. In general, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Nigeria ($15,500 per ton), while the average price for exports to Russia totaled $8,600 per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel; Cast Articles in Sudan

In 2022, supplies from abroad of iron or steel; cast articleses was finally on the rise to reach 2.7K tons after two years of decline. In general, imports, however, saw a relatively flat trend pattern.

In value terms, iron or steel; cast articles imports soared to $4.6M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Iron or Steel; Cast Articles to Sudan in 2022:

1. Egypt (1177.2 tons)
2. China (721.6 tons)
3. Turkey (350.4 tons)
4. Thailand (284.5 tons)
5. India (110.9 tons)

Exports of Iron or Steel; Cast Articles in Sudan

In 2021, the amount of iron or steel; cast articleses exported from Sudan fell remarkably to 11 kg, reducing by -88.8% on the year before. Over the period under review, exports continue to indicate a sharp contraction.

In value terms, iron or steel; cast articles exports shrank markedly to $136 in 2021. Overall, exports continue to indicate a significant decrease.

Top Export Markets for Iron or Steel; Cast Articles from Sudan in 2022:

1. Nigeria (6.0 kg)
2. Russia (5.0 kg)

Source: IndexBox Market Intelligence Platform