Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Angola - 2022

Contents:

  1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Angola (CIF) - 2022
  2. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Angola

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Angola (CIF) - 2022

The average import price for steel, alloy stood at $576 per ton in 2022, shrinking by -19.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 45%. The import price peaked at $846 per ton in 2015; however, from 2016 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 China ($574 per ton), while the price for Namibia totaled $56 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%).

Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Angola

In 2022, purchases abroad of steel, alloy decreased by -86.9% to 1.6K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a precipitous decrease. The pace of growth was the most pronounced in 2020 with an increase of 10% against the previous year. As a result, imports attained the peak of 19K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of steel, alloy declined dramatically to $943K in 2022. Over the period under review, imports showed a precipitous shrinkage. The smallest decline of -2.1% was in 2020.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.89.68.90.9-54.9%
NamibiaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total9.89.69.00.9-54.9%

Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Angola in 2022:

  1. China (1590.5 tons)
  2. Namibia (36.5 tons)

Source: IndexBox Market Intelligence Platform

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