Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ethiopia - 2022
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ethiopia (CIF) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ethiopia
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ethiopia (CIF) - 2022
In 2022, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $5,266 per ton, dropping by -7.6% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 156% against the previous year. The import price peaked at $39,409 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($5,593 per ton), while the price for China stood at $5,109 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.2%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ethiopia
In 2022, the amount of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia imported into Ethiopia expanded modestly to 36 tons, with an increase of 4.4% against the previous year's figure. Overall, imports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 209% against the previous year.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia fell modestly to $192K in 2022. In general, imports, however, saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 36%.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 201 | 22.9 | 136 | 183 | -3.1% |
| India | 10.1 | N/A | 0.2 | 0.8 | -57.1% |
| France | N/A | 119 | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 61.7 | N/A | 0% |
| Italy | 16.2 | 2.7 | N/A | N/A | -83.3% |
| Others | 4.5 | 1.1 | 1.4 | 8.4 | 23.1% |
| Total | 232 | 146 | 199 | 192 | -6.1% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Ethiopia in 2022:
- China (35.8 tons)
- India (0.1 tons)
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