Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Angola - 2022
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Angola (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Angola (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Angola
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Angola
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Angola (CIF) - 2022
In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $3,747 per ton, declining by -69.1% against the previous year. Overall, the import price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2013 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs at $12,175 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 the United States ($20,380 per ton), while the price for China ($1,131 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Angola (FOB) - 2022
In 2022, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $27,003 per ton, growing by 408% against the previous year. Overall, the export price showed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($27,162 per ton), while the average price for exports to Portugal ($1,000 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 Italy (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Angola
After two years of decline, purchases abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia increased by 114% to 237 tons in 2022. In general, imports posted a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia dropped notably to $890K in 2022. Over the period under review, imports, however, showed a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 4.1%.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.3 | 44.5 | 30.5 | 201 | 83.9% |
| United States | 242 | 209 | 308 | 117 | -21.5% |
| Netherlands | 4.6 | 10.6 | 4.4 | 77.9 | 156.8% |
| South Africa | 46.0 | 73.0 | 86.0 | 73.8 | 17.1% |
| Portugal | 635 | 160 | 71.2 | 64.3 | -53.4% |
| Japan | 13.2 | 76.6 | 119 | 37.9 | 42.1% |
| Italy | 23.7 | 101 | 151 | 36.1 | 15.1% |
| France | 64.5 | 135 | 91.7 | 31.1 | -21.6% |
| Others | 701 | 482 | 484 | 251 | -29.0% |
| Total | 1,763 | 1,292 | 1,345 | 890 | -20.4% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Angola in 2022:
- China (177.6 tons)
- Portugal (11.2 tons)
- Japan (10.8 tons)
- South Africa (9.8 tons)
- United States (5.7 tons)
- Netherlands (5.5 tons)
- France (3.6 tons)
- Italy (1.7 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Angola
Exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia from Angola dropped rapidly to 2 tons in 2022, with a decrease of -72% compared with the previous year's figure. Overall, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 487% against the previous year. As a result, the exports attained the peak of 7.2 tons, and then declined dramatically in the following year.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $54K in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 42%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | N/A | N/A | N/A | 54.1 | 0% |
| Spain | N/A | 26.3 | N/A | N/A | 0% |
| United Kingdom | 18.8 | 0.4 | 31.0 | N/A | 28.4% |
| Italy | N/A | N/A | 7.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.8 | 26.7 | 38.0 | 54.2 | 42.3% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Angola in 2022:
- Kuwait (1993.0 kg)
- United Kingdom (12.0 kg)
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