Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in New Zealand - 2024
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in New Zealand (CIF) - 2022
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in New Zealand (FOB) - 2022
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in New Zealand
- Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in New Zealand
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in New Zealand (CIF) - 2022
The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $5,133 per ton in 2022, jumping by 58% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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, flat-rolled, width less than 600mm, cold-rolleds increased by +83.6% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($5,724 per ton) and China ($5,292 per ton), while the price for Taiwan (Chinese) ($4,027 per ton) and Malaysia ($5,085 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in New Zealand (FOB) - 2022
The average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $13,378 per ton in 2022, rising by 256% against the previous year. Over the period under review, the export price showed prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($28,770 per ton), while the average price for exports to Cook Islands totaled $7,539 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+37.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in New Zealand
In 2022, overseas purchases of stainless steel, flat-rolled, width less than 600mm, cold-rolleds decreased by -0.5% to 185 tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 96%. As a result, imports reached the peak of 282 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 soared to $950K in 2022. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 108%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 10.2 | 27.3 | N/A | 516 | 269.8% |
| China | 47.2 | 161 | 51.8 | 287 | 82.5% |
| Taiwan (Chinese) | 329 | 440 | 435 | 94.9 | -33.9% |
| South Korea | N/A | 59.8 | N/A | 28.5 | -31.0% |
| Australia | 0.1 | 27.0 | 77.0 | 3.1 | 214.1% |
| Others | 16.4 | 123 | 38.9 | 20.4 | 7.5% |
| Total | 403 | 839 | 603 | 950 | 33.1% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to New Zealand in 2022:
- Malaysia (101.4 tons)
- China (54.3 tons)
- Taiwan (Chinese) (23.6 tons)
- South Korea (5.0 tons)
- Australia (0.4 tons)
Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in New Zealand
In 2022, after three years of growth, there was significant decline in shipments abroad of stainless steel, flat-rolled, width less than 600mm, cold-rolleds, when their volume decreased by -99.5% to 30 kg. In general, exports saw a significant contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 267%.
In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds fell remarkably to $401 in 2022. Overall, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 170% against the previous year.
| Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | N/A | 1.4 | N/A | 0.2 | -62.2% |
| Cook Islands | N/A | N/A | 5.0 | 0.2 | -96.0% |
| Niue | N/A | 0.7 | 10.5 | N/A | 1400.0% |
| United States | 1.8 | 1.9 | 0.3 | N/A | -59.2% |
| New Caledonia | 3.7 | 17.0 | N/A | N/A | 359.5% |
| Australia | N/A | N/A | 8.7 | N/A | 0% |
| Others | 2.7 | 1.2 | N/A | N/A | -55.6% |
| Total | 8.2 | 22.2 | 24.5 | 0.4 | -63.5% |
Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from New Zealand in 2022:
- Cook Islands (22.0 kg)
- Fiji (8.0 kg)
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