Price for Steel, Alloy; Semi-Finished Products in Egypt - 2022
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Egypt (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Egypt (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Egypt
- Exports of Steel, Alloy; Semi-Finished Products in Egypt
Price for Steel, Alloy; Semi-Finished Products in Egypt (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $2,169 per ton in 2022, jumping by 193% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -2.4% per year.
Price for Steel, Alloy; Semi-Finished Products in Egypt (FOB) - 2022
The average steel, alloy; semi-finished products export price stood at $2,319 per ton in 2022, surging by 77% against the previous year. In general, the export price posted a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($2,319 per ton), while the average price for exports to Algeria totaled $2,319 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+10.2%).
Imports of Steel, Alloy; Semi-Finished Products in Egypt
After three years of growth, supplies from abroad of steel, alloy; semi-finished productses decreased by -99.8% to 637 kg in 2022. In general, imports faced a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 203% against the previous year. As a result, imports reached the peak of 406 tons, and then fell rapidly in the following year.
In value terms, steel, alloy; semi-finished products imports fell markedly to $1.4K in 2022. Over the period under review, imports faced a precipitous slump. The growth pace was the most rapid in 2021 when imports increased by 113% against the previous year. As a result, imports reached the peak of $301K, and then contracted remarkably in the following year.
| Import of Steel, Alloy; Semi-Finished Products in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.4 | 0.6 | 0.6 | 1.4 | 51.8% |
| Spain | N/A | N/A | 12.9 | N/A | 0% |
| South Korea | 5.5 | 8.2 | 7.9 | N/A | 19.8% |
| Belgium | 29.6 | 18.6 | 55.9 | N/A | 37.4% |
| China | 5.7 | 21.2 | 37.3 | N/A | 155.8% |
| Italy | 8.8 | 11.0 | 7.4 | N/A | -8.3% |
| Netherlands | N/A | N/A | 36.0 | N/A | 0% |
| Saudi Arabia | 9.6 | 13.6 | 12.7 | N/A | 15.0% |
| Others | 18.3 | 68.2 | 130 | N/A | 166.5% |
| Total | 78.0 | 141 | 301 | 1.4 | -73.8% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Egypt in 2022:
- Turkey (637.0 kg)
Exports of Steel, Alloy; Semi-Finished Products in Egypt
In 2022, overseas shipments of steel, alloy; semi-finished productses decreased by -31.1% to 178 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a deep slump. The growth pace was the most rapid in 2020 when exports increased by 19% against the previous year. As a result, the exports reached the peak of 339 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, steel, alloy; semi-finished products exports soared to $413K in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 28%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Steel, Alloy; Semi-Finished Products in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | N/A | N/A | N/A | 344 | 0% |
| Algeria | 132 | 166 | 233 | 68.9 | -19.5% |
| Belgium | 101 | 92.9 | 94.6 | N/A | -3.2% |
| Libya | 0.5 | N/A | N/A | N/A | 0% |
| Others | 4.1 | 5.8 | 11.9 | N/A | 70.4% |
| Total | 238 | 265 | 339 | 413 | 20.2% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Egypt in 2022:
- Morocco (148.5 tons)
- Algeria (29.7 tons)
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