Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Sudan - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Sudan (CIF) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Sudan
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Sudan (CIF) - 2022
In 2022, the average import price for steel, alloy amounted to $583 per ton, shrinking by -22.2% against the previous year. Over the period under review, the import price recorded a slight contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 41%. As a result, import price reached the peak level of $749 per ton, and then declined significantly in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.4% per year.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Sudan
In 2022, the amount of steel, alloy imported into Sudan surged to 83K tons, increasing by 51% on 2021 figures. Over the period under review, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 74% against the previous year. As a result, imports attained the peak of 123K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, alloy surged to $48M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 71%. As a result, imports attained the peak of $65M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Sudan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.1 | 64.7 | 41.0 | 48.2 | 8.2% |
| Others | 0.1 | 0.8 | N/A | N/A | 700.0% |
| Total | 38.2 | 65.5 | 41.0 | 48.2 | 8.1% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Sudan in 2022:
- China (82.7K tons)
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