Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in New Zealand - 2024

Contents:

  1. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in New Zealand (CIF) - 2022
  2. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in New Zealand (FOB) - 2022
  3. Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in New Zealand
  4. Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in New Zealand

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in New Zealand (CIF) - 2022

The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $10,368 per ton in 2022, surging by 43% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 68% against the previous year. The import price peaked at $11,822 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($37,320 per ton), while the price for Taiwan (Chinese) ($4,982 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+28.5%), 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 New Zealand (FOB) - 2022

The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $6,156 per ton in 2022, reducing by -54.4% against the previous year. Overall, the export price faced a abrupt setback. The pace of growth appeared the most rapid in 2021 an increase of 238%. Over the period under review, the average export prices attained the maximum at $20,628 per ton in 2013; however, from 2014 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 French Polynesia ($12,927 per ton), while the average price for exports to Fiji totaled $5,506 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+25.9%), 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 New Zealand

In 2022, supplies from abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia decreased by -30.2% to 180 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 49%. As a result, imports reached the peak of 384 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia shrank to $1.9M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. As a result, imports attained the peak of $2.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China777477703773-0.2%
Australia47.011611.8422107.8%
Czech Republic0.1N/A1111561059.8%
Sweden76.427728714022.4%
Japan10311496.586.6-5.6%
Taiwan (Chinese)N/A61113765.7-67.2%
Singapore48.713.111260.07.2%
Germany24.540620318.6-8.8%
South Korea42.562.316.011.2-35.9%
Brazil30.43.427.4N/A-5.1%
Others392183164131-30.6%
Total1,5422,2631,8701,8646.5%

Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to New Zealand in 2022:

  1. China (119.9 tons)
  2. Taiwan (Chinese) (13.2 tons)
  3. Australia (11.3 tons)
  4. Singapore (10.6 tons)
  5. Czech Republic (7.2 tons)
  6. Sweden (5.3 tons)
  7. Japan (3.1 tons)
  8. Germany (1.0 tons)
  9. South Korea (1.0 tons)

Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in New Zealand

In 2022, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia from New Zealand surged to 13 tons, growing by 125% on the previous year. Over the period under review, exports posted buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 470%. As a result, the exports attained the peak of 64 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia expanded modestly to $81K in 2022. In general, exports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2020 when exports increased by 174%. As a result, the exports reached the peak of $258K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji8.912.10.369.498.3%
French Polynesia3.0N/A2.44.111.0%
GermanyN/A18.4N/AN/A0%
United StatesN/AN/A49.5N/A0%
Tuvalu2.4N/A4.8N/A41.4%
SingaporeN/A2040.3N/A-99.9%
Samoa1.00.50.5N/A-29.3%
Australia39.55.77.8N/A-55.6%
Others39.517.113.27.5-42.5%
Total94.225878.981.0-4.9%

Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from New Zealand in 2022:

  1. Fiji (12.6 tons)
  2. French Polynesia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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