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

Contents:

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

Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in New Zealand (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 $4,948 per ton, with an increase of 10% against the previous year. In general, the import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 112%. As a result, import price attained the peak level of $17,234 per ton. From 2014 to 2022, the average 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 Spain ($53,793 per ton), while the price for Brazil ($2,489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.4%), 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 New Zealand (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 $5,253 per ton, dropping by -8.1% against the previous year. In general, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 90% against the previous year. Over the period under review, the average export prices attained the maximum at $12,391 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($11,333 per ton), while the average price for exports to Fiji ($4,252 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 Samoa (+12.0%), 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 New Zealand

In 2022, the amount of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia imported into New Zealand declined to 627 tons, shrinking by -3.8% against 2021. Over the period under review, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 102% against the previous year. As a result, imports reached the peak of 652 tons, and then contracted in the following year.

In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia expanded remarkably to $3.1M in 2022. Overall, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 67%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9036154921,0445.0%
Taiwan (Chinese)2123001,36380856.2%
Sweden2361614193048.8%
United Kingdom69.054.249.725955.4%
Germany53.931.414.511428.4%
BrazilN/AN/A15.853.3237.3%
Singapore54.761.9N/A20.3-28.1%
United Arab EmiratesN/AN/A69.4N/A0%
Others35652950749811.8%
Total1,8841,7512,9303,10118.1%

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

  1. China (323.2 tons)
  2. Taiwan (Chinese) (183.9 tons)
  3. Sweden (30.6 tons)
  4. Germany (22.8 tons)
  5. Brazil (21.4 tons)
  6. United Kingdom (16.8 tons)
  7. Singapore (7.2 tons)

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

In 2022, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia from New Zealand declined to 7.5 tons, which is down by -7.6% against the year before. Over the period under review, exports saw a sharp curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 7.7%.

In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia dropped sharply to $39K in 2022. In general, exports continue to indicate a sharp slump. The growth pace was the most rapid in 2021 when exports increased by 105%.

Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji10920.213.722.9-40.6%
JapanN/AN/AN/A9.80%
American Samoa2.00.84.94.430.1%
NiueN/AN/AN/A1.60%
Samoa3.10.84.9N/A25.7%
Australia20.90.63.6N/A-58.5%
Tonga20.6N/AN/AN/A0%
Others4.70.219.00.4-56.0%
Total16122.546.139.2-37.6%

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

  1. Fiji (5.4 tons)
  2. Japan (1.2 tons)
  3. American Samoa (0.5 tons)
  4. Niue (0.3 tons)

Source: IndexBox Market Intelligence Platform

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