Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Australia - 2024
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Australia (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Australia (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Australia
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Australia
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Australia (CIF) - 2022
The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $5,637 per ton in 2022, declining by -2.2% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -33.9% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 37%. The import price peaked at $8,532 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 the United States ($16,079 per ton), while the price for Singapore ($3,267 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+17.3%), 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 Australia (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 $2,455 per ton, waning by -61.3% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 52%. The export price peaked at $6,538 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($19,294 per ton), while the average price for exports to Tanzania ($1,230 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 New Caledonia (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Australia
In 2022, the amount of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia imported into Australia surged to 1.4K tons, growing by 55% on 2021 figures. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 73%. Over the period under review, imports of hit record highs in 2022 and are expected to retain 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 surged to $7.8M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +77.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,408 | 1,383 | 1,957 | 3,649 | 37.4% |
| Sweden | 610 | 621 | 605 | 970 | 16.7% |
| Germany | 503 | 432 | 497 | 515 | 0.8% |
| Ukraine | 243 | 327 | 379 | 330 | 10.7% |
| Singapore | 95.9 | 67.8 | 154 | 327 | 50.5% |
| Japan | 390 | 335 | 121 | 269 | -11.6% |
| Taiwan (Chinese) | 215 | 116 | 528 | 194 | -3.4% |
| Others | 1,632 | 1,115 | 910 | 1,546 | -1.8% |
| Total | 5,096 | 4,398 | 5,151 | 7,800 | 15.2% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Australia in 2022:
- China (764.1 tons)
- Singapore (100.0 tons)
- Sweden (96.9 tons)
- Japan (81.9 tons)
- Germany (64.7 tons)
- Ukraine (35.5 tons)
- Taiwan (Chinese) (28.9 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Australia
In 2022, the amount of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia exported from Australia soared to 424 tons, surging by 173% on 2021. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $1M in 2022. The total export value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 51%. As a result, the exports reached the peak of $1.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 395 | 0% |
| New Zealand | 184 | 365 | 218 | 187 | 0.5% |
| New Caledonia | 21.3 | 135 | 274 | 147 | 90.4% |
| Papua New Guinea | 73.1 | 10.8 | 99.9 | 99.4 | 10.8% |
| Philippines | 155 | 117 | 4.0 | 9.6 | -60.4% |
| India | 108 | 154 | 135 | 5.7 | -62.5% |
| Cote d'Ivoire | N/A | 118 | N/A | N/A | 0% |
| Others | 270 | 327 | 254 | 196 | -10.1% |
| Total | 812 | 1,227 | 985 | 1,040 | 8.6% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Australia in 2022:
- Tanzania (320.8 tons)
- New Zealand (46.8 tons)
- Papua New Guinea (19.9 tons)
- New Caledonia (18.8 tons)
- Philippines (1.3 tons)
- India (0.3 tons)
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