Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Iran - 2022

Contents:

1. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Iran (CIF) - 2022
2. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Iran (FOB) - 2022
3. Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Iran
4. Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Iran

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Iran (CIF) - 2022

The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $2,339 per ton in 2022, which is down by -2.6% against the previous year. Over the period under review, the import price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2015 an increase of 22%. As a result, import price attained the peak level of $3,594 per ton. From 2016 to 2022, the average import prices remained at a 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 India ($3,478 per ton), while the price for Taiwan (Chinese) ($1,759 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Iran (FOB) - 2022

The average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $2,700 per ton in 2022, reducing by -10.2% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 93%. The export price peaked at $3,330 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($10,268 per ton), while the average price for exports to Armenia amounted to $2,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+28.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Iran

In 2022, the amount of stainless steel, flat-rolled, width less than 600mm, cold-rolleds imported into Iran expanded remarkably to 3.6K tons, increasing by 11% compared with 2021. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 56%. As a result, imports attained the peak of 4K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds rose rapidly to $8.5M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 39% against the previous year. As a result, imports attained the peak of $9.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Iran in 2022:

1. China (2212.1 tons)
2. Taiwan (Chinese) (479.7 tons)
3. South Korea (220.8 tons)
4. Italy (196.5 tons)
5. India (163.3 tons)
6. Turkey (103.8 tons)
7. United Arab Emirates (76.1 tons)

Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Iran

In 2022, approx. 6.3 tons of stainless steel, flat-rolled, width less than 600mm, cold-rolleds were exported from Iran; with an increase of 3.5% against the previous year. In general, exports, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year.

In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds shrank to $17K in 2022. Over the period under review, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 19%.

Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Iran in 2022:

1. Armenia (6.2 tons)
2. China (0.2 tons)

Source: IndexBox Market Intelligence Platform