Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Indonesia - 2022
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Indonesia (FOB) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Indonesia (CIF) - 2022
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Indonesia
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Indonesia
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Indonesia (FOB) - 2022
In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $3,185 per ton, increasing by 4.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 37%. As a result, the export price reached the peak level of $3,978 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($3,865 per ton), while the average price for exports to Turkey ($1,757 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 Poland (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Indonesia (CIF) - 2022
In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $4,566 per ton, growing by 1.7% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira increased by +53.4% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of 42%. The import price peaked at $5,767 per ton in 2016; however, from 2017 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 the United States ($19,361 per ton), while the price for Singapore ($2,306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Indonesia
In 2022, approx. 8.8K tons of iron or steel cast fittings, other than of non-malleable cast ira were exported from Indonesia; growing by 18% compared with the previous year. The total export volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira skyrocketed to $28M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +47.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.9 | 12.3 | 13.3 | 18.9 | 20.1% |
| Italy | 2.5 | 1.8 | 2.4 | 2.2 | -4.2% |
| Poland | 1.3 | 1.8 | 2.1 | 2.0 | 15.4% |
| Singapore | 0.9 | 1.6 | 1.5 | 1.7 | 23.6% |
| South Korea | N/A | N/A | N/A | 0.9 | 0% |
| France | 0.5 | 0.6 | 0.9 | 0.7 | 11.9% |
| United Kingdom | 1.1 | 1.1 | 1.3 | 0.7 | -14.0% |
| Mauritania | N/A | N/A | 0.9 | N/A | 0% |
| Others | 1.8 | 1.2 | 0.7 | 1.1 | -15.1% |
| Total | 19.1 | 20.3 | 23.0 | 28.2 | 13.9% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Indonesia in 2022:
- United States (5.9K tons)
- Italy (0.8K tons)
- Poland (0.7K tons)
- Singapore (0.4K tons)
- France (0.2K tons)
- United Kingdom (0.2K tons)
- South Korea (0.2K tons)
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Indonesia
In 2022, supplies from abroad of iron or steel cast fittings, other than of non-malleable cast ira increased by 71% to 1.2K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt decline.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira surged to $5.4M in 2022. Overall, imports, however, showed a drastic downturn.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,240 | 1,386 | 599 | 2,189 | -0.8% |
| South Korea | 1,924 | 342 | 751 | 995 | -19.7% |
| United States | 487 | 459 | 301 | 916 | 23.4% |
| United Arab Emirates | 0.1 | 0.5 | 1.4 | 410 | 1500.5% |
| Singapore | 984 | 259 | 182 | 69.4 | -58.7% |
| Taiwan (Chinese) | 219 | 344 | 234 | 53.6 | -37.4% |
| Italy | 562 | 30.8 | 101 | 10.7 | -73.3% |
| Malaysia | 626 | 8.9 | 4.9 | 6.6 | -78.1% |
| Others | 1,031 | 752 | 924 | 738 | -10.5% |
| Total | 8,073 | 3,582 | 3,098 | 5,388 | -12.6% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Indonesia in 2022:
- China (816.6 tons)
- South Korea (200.0 tons)
- United States (47.3 tons)
- United Arab Emirates (38.4 tons)
- Singapore (30.1 tons)
- Taiwan (Chinese) (12.1 tons)
- Italy (3.0 tons)
- Malaysia (0.8 tons)
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