Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Canada - 2024
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Canada (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Canada (FOB) - 2024
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Canada
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Canada
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Canada (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 $7,551 per ton, rising by 5.4% against the previous year. In general, the import price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $10,965 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($18,276 per ton), while the price for China ($4,527 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Canada (FOB) - 2024
In December 2023, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $10,357 per ton, waning by -6.2% against the previous month. Over the period under review, the export price saw a deep reduction. The pace of growth was the most pronounced in March 2023 when the average export price increased by 542% m-o-m. As a result, the export price reached the peak level of $26,223 per ton. From April 2023 to December 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($158K per ton), while the average price for exports to Paraguay ($9,818 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+18.4%), 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 Canada
In 2022, approx. 3.9K tons of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia were imported into Canada; growing by 27% against 2021. Overall, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $29M in 2022. In general, imports, however, showed a pronounced shrinkage.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.4 | 5.1 | 6.8 | 9.3 | -18.8% |
| China | 5.3 | 3.8 | 5.5 | 7.7 | 13.3% |
| Spain | 2.6 | 0.6 | 0.9 | 1.7 | -13.2% |
| Germany | 0.7 | 0.4 | 0.3 | 1.5 | 28.9% |
| Sweden | 1.7 | 0.8 | 0.6 | 1.5 | -4.1% |
| France | 3.2 | 1.3 | 3.8 | 1.2 | -27.9% |
| Italy | 0.2 | 0.3 | 0.5 | 1.0 | 71.0% |
| Japan | 0.3 | 2.7 | 0.8 | 0.7 | 32.6% |
| Taiwan (Chinese) | 0.2 | 0.2 | 1.0 | 0.2 | 0.0% |
| Others | 1.5 | 1.1 | 1.8 | 4.4 | 43.1% |
| Total | 33.3 | 16.5 | 21.9 | 29.3 | -4.2% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Canada in 2022:
- China (1707.8 tons)
- United States (1198.6 tons)
- Italy (222.7 tons)
- Spain (150.4 tons)
- Germany (146.5 tons)
- Japan (96.1 tons)
- Sweden (80.2 tons)
- France (67.9 tons)
- Taiwan (Chinese) (24.6 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Canada
In 2022, the amount of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia exported from Canada dropped to 143 tons, declining by -10.8% compared with 2021. Over the period under review, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia soared to $2M in 2022. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 36%.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,808 | 499 | 790 | 992 | -18.1% |
| Cuba | 130 | 334 | 438 | 618 | 68.1% |
| France | 18.6 | 8.0 | 2.1 | 145 | 98.3% |
| United Arab Emirates | N/A | N/A | 11.6 | 40.7 | 250.9% |
| Paraguay | 54.8 | 24.0 | N/A | 36.8 | -12.4% |
| Argentina | N/A | 30.9 | N/A | 34.4 | 5.5% |
| Brazil | 29.9 | 25.3 | 0.1 | 30.0 | 0.1% |
| India | 44.3 | 173 | N/A | 29.4 | -12.8% |
| China | 232 | 0.6 | 2.3 | 27.5 | -50.9% |
| Germany | 91.3 | 36.7 | 1.2 | 0.2 | -87.0% |
| Chile | 0.9 | 5.3 | 396 | N/A | 1997.6% |
| Others | 165 | 148 | 112 | 87.6 | -19.0% |
| Total | 2,575 | 1,286 | 1,753 | 2,042 | -7.4% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Canada in 2022:
- United States (58.2 tons)
- Cuba (48.8 tons)
- France (8.9 tons)
- United Arab Emirates (3.9 tons)
- Paraguay (3.5 tons)
- Argentina (3.3 tons)
- Brazil (2.9 tons)
- India (2.8 tons)
- China (2.6 tons)
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