Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iran - 2022
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iran (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iran (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iran
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iran
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iran (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 $6,317 per ton, reducing by -6.3% against the previous year. Over the period under review, the import price showed a deep downturn. The growth pace was the most rapid in 2018 an increase of 30%. The import price peaked at $11,500 per ton in 2012; however, from 2013 to 2022, 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 Oman ($11,823 per ton), while the price for the Netherlands ($783 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.0%), 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 Iran (FOB) - 2022
The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $1,999 per ton in 2022, rising by 33% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 an increase of 133%. As a result, the export price attained the peak level of $2,955 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($4,174 per ton), while the average price for exports to India ($1,029 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 Germany (+2,566.9%), 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 Iran
In 2022, overseas purchases of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -71.3% to 491 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 317% against the previous year. As a result, imports attained the peak of 1.7K tons, and then reduced rapidly in the following year.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia fell significantly to $3.1M in 2022. Overall, imports, however, posted strong growth. The pace of growth was the most pronounced in 2021 with an increase of 330%. As a result, imports attained the peak of $12M, and then shrank notably in the following year.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 458 | 819 | 6,021 | 1,206 | 38.1% |
| United Arab Emirates | 11.1 | 276 | 1,336 | 517 | 259.8% |
| Oman | 140 | 211 | 1,104 | 364 | 37.5% |
| China | 559 | 673 | 1,464 | 312 | -17.7% |
| Italy | 21.7 | 7.5 | 51.6 | 210 | 113.1% |
| Kuwait | 104 | 200 | 218 | 83.9 | -6.9% |
| South Korea | 13.8 | 24.0 | 333 | 49.2 | 52.8% |
| Switzerland | 24.4 | 27.8 | 82.6 | 32.0 | 9.5% |
| Netherlands | 53.4 | 44.6 | 82.3 | 27.5 | -19.8% |
| Turkey | 4.0 | 25.1 | 98.5 | 0.3 | -57.8% |
| Others | 442 | 376 | 751 | 302 | -11.9% |
| Total | 1,831 | 2,683 | 11,541 | 3,105 | 19.2% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Iran in 2022:
- Germany (135.4 tons)
- China (91.2 tons)
- United Arab Emirates (77.5 tons)
- Italy (41.6 tons)
- Netherlands (35.1 tons)
- Oman (30.8 tons)
- Switzerland (22.4 tons)
- Kuwait (16.6 tons)
- South Korea (8.8 tons)
- Turkey (0.1 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iran
In 2022, after two years of decline, there was significant growth in overseas shipments of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia, when their volume increased by 941% to 59 tons. Over the period under review, exports showed a remarkable 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 surged to $119K in 2022. Overall, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | N/A | 67.9 | 0% |
| Iraq | 74.6 | 40.7 | 7.0 | 30.5 | -25.8% |
| India | N/A | N/A | N/A | 19.1 | 0% |
| Others | 2.2 | 2.0 | 1.6 | 1.4 | -14.0% |
| Total | 76.8 | 42.7 | 8.6 | 119 | 15.7% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Iran in 2022:
- Iraq (24.3 tons)
- India (18.6 tons)
- Oman (16.3 tons)
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