Price for Steel, Alloy; Angles, Shapes and Sections in Indonesia - 2022
Contents:
- Price for Steel, Alloy; Angles, Shapes and Sections in Indonesia (CIF) - 2022
- Price for Steel, Alloy; Angles, Shapes and Sections in Indonesia (FOB) - 2022
- Imports of Steel, Alloy; Angles, Shapes and Sections in Indonesia
- Exports of Steel, Alloy; Angles, Shapes and Sections in Indonesia
Price for Steel, Alloy; Angles, Shapes and Sections in Indonesia (CIF) - 2022
In March 2022, the average import price for steel, alloy; angles, shapes and sectionses amounted to $2,100 per ton, increasing by 63% against the previous month. Over the period under review, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 420% against the previous month. As a result, import price attained the peak level of $3,821 per ton. From August 2021 to March 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,581 per ton), while the price for Thailand ($1,283 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Angles, Shapes and Sections in Indonesia (FOB) - 2022
In 2022, the average export price for steel, alloy; angles, shapes and sectionses amounted to $886 per ton, rising by 94% against the previous year. Overall, the export price, however, showed a perceptible setback. Over the period under review, the average export prices attained the peak figure at $2,144 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($938 per ton), while the average price for exports to Thailand ($3.2 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 Spain (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Alloy; Angles, Shapes and Sections in Indonesia
Imports of steel, alloy; angles, shapes and sectionses into Indonesia contracted notably to 11K tons in 2022, which is down by -48.6% on the previous year. In general, imports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year.
In value terms, imports of steel, alloy; angles, shapes and sectionses declined notably to $10M in 2022. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 72%.
| Import of Steel, Alloy; Angles, Shapes and Sections in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.7 | 7.5 | 13.2 | 9.2 | -23.7% |
| Singapore | 1.1 | 0.7 | 1.4 | 0.3 | -35.2% |
| Others | 0.7 | 0.5 | 0.4 | 0.6 | -5.0% |
| Total | 22.5 | 8.7 | 15.0 | 10.1 | -23.4% |
Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to Indonesia in 2022:
- China (10.4K tons)
- Singapore (0.5K tons)
Exports of Steel, Alloy; Angles, Shapes and Sections in Indonesia
In 2022, approx. 274 tons of steel, alloy; angles, shapes and sectionses were exported from Indonesia; increasing by 16,367% on the year before. Over the period under review, exports posted a significant expansion.
In value terms, exports of steel, alloy; angles, shapes and sectionses skyrocketed to $243K in 2022. Overall, exports recorded significant growth.
| Export of Steel, Alloy; Angles, Shapes and Sections in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.1 | N/A | 2.1 | 238 | 1235.1% |
| Tanzania | N/A | N/A | N/A | 4.0 | 0% |
| New Zealand | N/A | 387 | N/A | N/A | 0% |
| Thailand | N/A | N/A | N/A | N/A | 0% |
| Sri Lanka | 65.2 | 523 | N/A | N/A | 702.1% |
| Others | 3.6 | 18.8 | 0.3 | 0.8 | -39.4% |
| Total | 69.0 | 929 | 2.3 | 243 | 52.1% |
Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from Indonesia in 2022:
- Singapore (253.8 tons)
- Thailand (13.9 tons)
- Tanzania (6.2 tons)
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