Price for Steel, Alloy; Semi-Finished Products in Saudi Arabia - 2021
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Saudi Arabia (FOB) - 2022
- Exports of Steel, Alloy; Semi-Finished Products in Saudi Arabia
Price for Steel, Alloy; Semi-Finished Products in Saudi Arabia (FOB) - 2022
In 2022, the average steel, alloy; semi-finished products export price amounted to $829 per ton, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2013 an increase of 39% against the previous year. As a result, the export price attained the peak level of $1,034 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Bahrain.
From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +4.5% per year.
Exports of Steel, Alloy; Semi-Finished Products in Saudi Arabia
In 2022, after two years of decline, there was significant growth in shipments abroad of steel, alloy; semi-finished productses, when their volume increased by 12% to 1.6K tons. Overall, exports, however, faced a sharp curtailment.
In value terms, steel, alloy; semi-finished products exports totaled $1.4M in 2022. In general, exports, however, recorded a sharp downturn.
| Export of Steel, Alloy; Semi-Finished Products in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 3.6 | 1.5 | 1.1 | 1.3 | -28.8% |
| Kuwait | 0.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 4.0 | 1.5 | 1.2 | 1.4 | -29.5% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Saudi Arabia in 2022:
- Bahrain (1616.9 tons)
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