Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sudan - 2022
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sudan (CIF) - 2022
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sudan (FOB) - 2022
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sudan
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sudan
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sudan (CIF) - 2022
The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $2,390 per ton in 2022, dropping by -10.5% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 stainless steel bars and rods, angles, shapes and sectionses decreased by -24.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 151% against the previous year. Over the period under review, average import prices attained the maximum at $3,177 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($4,170 per ton), while the price for China ($1,371 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+11.0%), while the prices for the other major suppliers experienced a decline.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sudan (FOB) - 2022
In 2021, the average export price for stainless steel bars and rods, angles, shapes and sectionses amounted to $4,611 per ton, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 14%. Over the period under review, the average export prices attained the peak figure at $8,439 per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Sri Lanka.
From 2012 to 2021, the rate of growth in terms of prices for Poland amounted to -8.3% per year.
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sudan
For the third year in a row, Sudan recorded decline in overseas purchases of stainless steel bars and rods, angles, shapes and sectionses, which decreased by -59.6% to 2.7 tons in 2022. In general, imports continue to indicate a sharp downturn.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses contracted markedly to $6.5K in 2022. Over the period under review, imports showed a precipitous decrease.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 19.5 | 16.0 | 7.1 | 3.2 | -45.3% |
| Turkey | 81.3 | 22.5 | 4.7 | 1.9 | -71.4% |
| India | 1.5 | 7.7 | 0.5 | 0.5 | -30.7% |
| China | 249 | 24.5 | 1.6 | 0.4 | -88.3% |
| Egypt | 19.8 | 4.4 | 0.5 | 0.3 | -75.3% |
| United Arab Emirates | 4.9 | 2.5 | 0.4 | 0.2 | -65.6% |
| Lebanon | N/A | 3.5 | N/A | N/A | 0% |
| Others | 1.6 | 0.8 | 3.2 | N/A | 41.4% |
| Total | 378 | 81.9 | 18.0 | 6.5 | -74.2% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Sudan in 2022:
- South Africa (1388.0 kg)
- Turkey (622.0 kg)
- India (313.0 kg)
- China (267.0 kg)
- Egypt (72.0 kg)
- United Arab Emirates (53.0 kg)
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sudan
In 2021, approx. 36 kg of stainless steel bars and rods, angles, shapes and sectionses were exported from Sudan; approximately equating the year before. Over the period under review, exports saw a precipitous curtailment. The smallest decline of 99.9% was in 2020.
In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses stood at $166 in 2021. Overall, exports showed a dramatic curtailment. The smallest decline of 99.9% was in 2020.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sudan (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Sri Lanka | N/A | N/A | 166 | 0% |
| France | 329 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 329 | N/A | 166 | -29.0% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Sudan in 2022:
- Sri Lanka (36.0 kg)
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