Price for Steel, Stainless; Angles, Shapes and Sections in Tunisia - 2022
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Tunisia (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Tunisia (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Tunisia
- Exports of Steel, Stainless; Angles, Shapes and Sections in Tunisia
Price for Steel, Stainless; Angles, Shapes and Sections in Tunisia (CIF) - 2022
In December 2022, the average import price for steel, stainless amounted to $9,642 per ton, dropping by -12% against the previous month. Over the period under review, the import price saw a perceptible shrinkage. The growth pace was the most rapid in February 2022 when the average import price increased by 136% m-o-m. As a result, import price attained the peak level of $19,339 per ton. From March 2022 to December 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($20,962 per ton), while the price for Italy ($3,038 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Turkey (+39.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Angles, Shapes and Sections in Tunisia (FOB) - 2022
The average export price for steel, stainless stood at $11,378 per ton in 2022, rising by 41% against the previous year. In general, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 192%. The export price peaked at $13,317 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($19,819 per ton), while the average price for exports to Cote d'Ivoire ($3,369 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 Cote d'Ivoire (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Angles, Shapes and Sections in Tunisia
For the fourth consecutive year, Tunisia recorded growth in overseas purchases of steel, stainless, which increased by 16% to 317 tons in 2022. The total import volume increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless skyrocketed to $2.8M in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 56%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Steel, Stainless; Angles, Shapes and Sections in Tunisia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 175 | 465 | 1,315 | 2,328 | 136.9% |
India | 64.7 | 109 | 142 | 84.0 | 9.1% |
Germany | 35.5 | 8.9 | 49.2 | 72.5 | 26.9% |
Turkey | 8.9 | 28.1 | 12.3 | 67.6 | 96.6% |
China | 10.7 | 7.5 | 5.2 | 55.4 | 73.0% |
Spain | 18.1 | 28.3 | 31.7 | 27.2 | 14.5% |
Italy | 77.5 | 449 | 162 | 26.0 | -30.5% |
Indonesia | N/A | N/A | N/A | 25.6 | 0% |
Taiwan (Chinese) | 10.8 | 11.4 | 13.2 | 15.8 | 13.5% |
Norway | 901 | N/A | N/A | N/A | 0% |
Others | 64.7 | 26.9 | 44.7 | 56.7 | -4.3% |
Total | 1,367 | 1,135 | 1,775 | 2,758 | 26.4% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Tunisia in 2022:
- France (215.3 tons)
- Turkey (24.4 tons)
- India (22.3 tons)
- China (14.3 tons)
- Germany (9.9 tons)
- Taiwan (Chinese) (7.7 tons)
- Spain (7.3 tons)
- Italy (5.2 tons)
- Indonesia (5.2 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Tunisia
In 2022, approx. 29 tons of steel, stainless were exported from Tunisia; growing by 86% compared with 2021 figures. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,035%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of steel, stainless soared to $333K in 2022. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,414% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Steel, Stainless; Angles, Shapes and Sections in Tunisia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 4.8 | 42.4 | 100 | 246 | 271.4% |
Libya | 0.1 | 3.5 | 8.7 | 76.3 | 813.8% |
Algeria | 0.5 | 4.1 | 3.7 | 4.4 | 106.5% |
Cameroon | N/A | N/A | 10.5 | N/A | 0% |
Gabon | N/A | 41.9 | N/A | N/A | 0% |
Others | 0.9 | 3.3 | 4.6 | 6.0 | 88.2% |
Total | 6.3 | 95.1 | 128 | 333 | 275.3% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Tunisia in 2022:
- Libya (14.9 tons)
- France (12.4 tons)
- Algeria (1.3 tons)
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