Price for Steel, Stainless; Angles, Shapes and Sections in Iran - 2022
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Iran (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Iran (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Iran
- Exports of Steel, Stainless; Angles, Shapes and Sections in Iran
Price for Steel, Stainless; Angles, Shapes and Sections in Iran (CIF) - 2022
The average import price for steel, stainless stood at $3,544 per ton in 2022, waning by -40.2% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 47% against the previous year. The import price peaked at $5,924 per ton in 2021, and then dropped markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($27,010 per ton), while the price for Turkey ($2,614 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Angles, Shapes and Sections in Iran (FOB) - 2022
In 2022, the average export price for steel, stainless amounted to $3,456 per ton, reducing by -28.3% against the previous year. Overall, the export price, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2016 an increase of 63%. Over the period under review, the average export prices reached the peak figure at $8,234 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($3,584 per ton), while the average price for exports to Turkmenistan ($1,768 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+18.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; Angles, Shapes and Sections in Iran
In 2022, the amount of steel, stainless imported into Iran soared to 195 tons, jumping by 78% on the year before. Over the period under review, imports, however, faced a abrupt setback.
In value terms, imports of steel, stainless soared to $691K in 2022. Overall, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 79% against the previous year. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Steel, Stainless; Angles, Shapes and Sections in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 519 | 1,160 | 328 | 363 | -11.2% |
| China | 117 | 47.2 | 39.7 | 168 | 12.8% |
| United Arab Emirates | 84.6 | 154 | 55.5 | 58.2 | -11.7% |
| Germany | 155 | 268 | 69.0 | 51.3 | -30.8% |
| Turkey | 67.0 | 69.0 | 15.7 | 32.7 | -21.3% |
| India | 84.1 | 73.5 | 11.0 | 2.5 | -69.0% |
| Others | 29.9 | 116 | 63.9 | 16.4 | -18.1% |
| Total | 1,057 | 1,887 | 583 | 691 | -13.2% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Iran in 2022:
- Italy (104.3 tons)
- China (54.8 tons)
- United Arab Emirates (18.7 tons)
- Turkey (12.5 tons)
- Germany (1.9 tons)
- India (0.8 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Iran
In 2022, overseas shipments of steel, stainless decreased by -18.7% to 12 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 10%. As a result, the exports attained the peak of 18 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of steel, stainless shrank dramatically to $41K in 2022. In general, exports faced a significant curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 9.7% against the previous year. As a result, the exports reached the peak of $120K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Steel, Stainless; Angles, Shapes and Sections in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 39.5 | 111 | 64.5 | 37.7 | -1.5% |
| Turkmenistan | 3.5 | 7.8 | 3.6 | 1.7 | -21.4% |
| Georgia | N/A | N/A | N/A | 1.0 | 0% |
| Kuwait | 65.5 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 1.5 | 2.0 | 0.5 | -17.8% |
| Total | 109 | 120 | 70.1 | 40.9 | -27.9% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Iran in 2022:
- Iraq (10.5 tons)
- Turkmenistan (0.9 tons)
- Georgia (0.3 tons)
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