Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ethiopia - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ethiopia (CIF) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ethiopia
Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ethiopia (CIF) - 2022
The average import price for steel, alloy stood at $4,875 per ton in 2022, with an increase of 9.7% against the previous year. In general, the import price continues to indicate tangible growth. The most prominent rate of growth was recorded in 2017 an increase of 92% against the previous year. As a result, import price reached the peak level of $5,568 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($4,915 per ton), while the price for China stood at $3,904 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.9%).
Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ethiopia
For the fourth consecutive year, Ethiopia recorded growth in supplies from abroad of steel, alloy, which increased by 380% to 19 tons in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, alloy surged to $95K in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 92.0 | 0% |
| China | 3.4 | 7.9 | 18.1 | 3.0 | -4.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.4 | 7.9 | 18.1 | 95.0 | 203.4% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to Ethiopia in 2022:
- India (18.7 tons)
- China (0.8 tons)
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