Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Pakistan - 2023
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Pakistan (CIF) - 2023
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Pakistan
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Pakistan (CIF) - 2023
In December 2023, the average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $9,004 per ton, surging by 338% against the previous month. Overall, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 350% against the previous month. Over the period under review, average import prices attained the peak figure in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($9,991 per ton), while the price for the UK ($2,062 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Pakistan
After two years of decline, overseas purchases of stainless steel, flat-rolled, width less than 600mm, cold-rolleds increased by 522% to 14K tons in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds skyrocketed to $76M in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.2 | 1.2 | 1.1 | 19.5 | 153.3% |
| Sweden | 1.7 | 2.2 | 2.4 | 18.9 | 123.2% |
| China | 2.8 | 1.3 | 1.1 | 15.8 | 78.0% |
| Mexico | 0.6 | 0.6 | 0.7 | 7.9 | 136.1% |
| South Korea | N/A | 0.1 | 0.9 | 7.9 | 788.8% |
| India | 0.2 | 0.2 | 0.1 | 1.2 | 81.7% |
| Malaysia | 0.1 | N/A | 0.1 | 1.1 | 122.4% |
| Others | 0.2 | 0.3 | 0.4 | 3.7 | 164.5% |
| Total | 6.9 | 5.9 | 6.6 | 76.0 | 122.5% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Pakistan in 2022:
- Japan (3.4K tons)
- China (3.1K tons)
- Sweden (2.9K tons)
- South Korea (1.9K tons)
- Mexico (1.7K tons)
- India (0.2K tons)
- Malaysia (0.2K tons)
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