Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iraq - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iraq (CIF) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iraq
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iraq (CIF) - 2022
The average import price for steel, alloy stood at $1,813 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, recorded a slight contraction. The growth pace was the most rapid in 2015 when the average import price increased by 19% against the previous year. The import price peaked at $2,024 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,237 per ton), while the price for the United Arab Emirates ($1,459 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+20.1%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iraq
For the third year in a row, Iraq recorded decline in overseas purchases of steel, alloy, which decreased by -12.6% to 2.4K tons in 2022. In general, imports continue to indicate a abrupt descent. The smallest decline of -12.6% was in 2020.
In value terms, imports of steel, alloy dropped to $4.3M in 2022. Over the period under review, imports faced a abrupt shrinkage. The smallest decline of -12.1% was in 2020.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.4 | 1.3 | 1.8 | 2.8 | 91.3% |
| China | 2.9 | 4.3 | 3.1 | 1.2 | -25.5% |
| United Arab Emirates | N/A | N/A | N/A | 0.4 | 0% |
| Poland | 3.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.4 | 5.6 | 4.9 | 4.3 | -12.4% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented to Iraq in 2022:
- Turkey (1630.5 tons)
- China (514.9 tons)
- United Arab Emirates (244.7 tons)
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