Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, Not in Coils in Angola - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, Not in Coils in Angola (CIF) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, Not in Coils in Angola
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, Not in Coils in Angola (CIF) - 2022
In 2022, the average import price for steel, alloy amounted to $1,685 per ton, increasing by 13% against the previous year. Overall, the import price enjoyed measured growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 187%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.
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 India ($3,987 per ton), while the price for China ($588 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, Not in Coils in Angola
In 2022, approx. 225 tons of steel, alloy were imported into Angola; increasing by 46% against 2021. Overall, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 614%. As a result, imports reached the peak of 2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of steel, alloy skyrocketed to $352K in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 449% against the previous year. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, Not in Coils in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 96.9 | 0% |
| United States | N/A | N/A | N/A | 82.6 | 0% |
| Spain | N/A | N/A | N/A | 64.7 | 0% |
| Brazil | 1.5 | N/A | N/A | 60.2 | 242.4% |
| India | N/A | N/A | N/A | 32.6 | 0% |
| China | 178 | 875 | 61.3 | 6.3 | -67.2% |
| Egypt | N/A | 61.5 | N/A | N/A | 0% |
| Netherlands | N/A | 49.4 | N/A | N/A | 0% |
| Others | 6.7 | 36.6 | 169 | 9.0 | 10.3% |
| Total | 186 | 1,023 | 231 | 352 | 23.7% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, Not in Coils to Angola in 2022:
- Turkey (134.2 tons)
- United States (29.7 tons)
- Brazil (20.7 tons)
- Spain (18.2 tons)
- China (10.7 tons)
- India (8.2 tons)
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