Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Australia - 2024
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Australia (CIF) - 2024
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Australia (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Australia
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Australia
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Australia (CIF) - 2024
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $8,416 per ton in August 2023, waning by -20.5% against the previous month. Over the last seven-month period, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in February 2023 an increase of 25% m-o-m. The import price peaked at $10,592 per ton in July 2023, and then declined remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($33,104 per ton), while the price for Singapore ($1,836 per ton) was amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Australia (FOB) - 2022
In 2022, the average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $8,316 per ton, increasing by 5.8% against the previous year. Over the period under review, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 34%. Over the period under review, the average export prices hit record highs at $15,279 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($55,796 per ton), while the average price for exports to Vietnam ($3,239 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 India (+71.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Australia
In 2022, the amount of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia imported into Australia surged to 2.3K tons, increasing by 19% against the year before. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $20M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.7 | 8.0 | 8.7 | 12.5 | 17.5% |
| Italy | 0.2 | 0.5 | 0.7 | 1.5 | 95.7% |
| Czech Republic | N/A | N/A | 0.4 | 1.5 | 275.0% |
| Japan | 1.4 | 0.8 | 1.0 | 1.5 | 2.3% |
| South Korea | 0.4 | 0.1 | 0.2 | 0.6 | 14.5% |
| United States | 0.8 | 1.1 | 0.5 | 0.5 | -14.5% |
| Singapore | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Sweden | 1.5 | 1.4 | 1.4 | 0.3 | -41.5% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.3 | N/A | 22.5% |
| Others | 1.5 | 2.7 | 1.4 | 1.4 | -2.3% |
| Total | 13.7 | 14.9 | 14.7 | 20.1 | 13.6% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Australia in 2022:
- China (1814.2 tons)
- Japan (100.3 tons)
- Italy (88.2 tons)
- Czech Republic (79.7 tons)
- South Korea (48.5 tons)
- Singapore (41.8 tons)
- United States (35.3 tons)
- Sweden (13.9 tons)
- Taiwan (Chinese) (6.7 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Australia
In 2022, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia from Australia shrank rapidly to 59 tons, with a decrease of -51.3% against the previous year's figure. Overall, exports saw a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 166%. As a result, the exports reached the peak of 122 tons, and then declined significantly in the following year.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia fell sharply to $492K in 2022. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. As a result, the exports reached the peak of $956K, and then fell dramatically in the following year.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 232 | 253 | 430 | 307 | 9.8% |
| New Caledonia | 3.4 | 5.7 | N/A | 72.5 | 177.3% |
| Ghana | N/A | N/A | N/A | 30.6 | 0% |
| Vietnam | 18.7 | 11.3 | 13.4 | 22.1 | 5.7% |
| Indonesia | 88.4 | 0.7 | N/A | 10.9 | -50.2% |
| Thailand | 84.8 | 31.6 | 68.7 | 10.6 | -50.0% |
| United States | 138 | 83.1 | 25.0 | 7.9 | -61.5% |
| Papua New Guinea | 0.3 | N/A | 344 | N/A | 3286.2% |
| India | 34.8 | 13.1 | N/A | N/A | -62.4% |
| Others | 175 | 129 | 74.7 | 30.1 | -44.4% |
| Total | 775 | 527 | 956 | 492 | -14.1% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Australia in 2022:
- New Zealand (44.9 tons)
- Vietnam (6.8 tons)
- New Caledonia (2.1 tons)
- Ghana (1.7 tons)
- Thailand (1.6 tons)
- Indonesia (0.7 tons)
- United States (0.1 tons)
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