Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Brazil - 2024
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Brazil (CIF) - 2024
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Brazil (FOB) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Brazil
- Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Brazil
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Brazil (CIF) - 2024
In September 2023, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $5,714 per ton, reducing by -33.6% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 26% month-to-month. The import price peaked at $8,608 per ton in August 2023, and then reduced rapidly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was China ($36,234 per ton), while the price for Spain ($3,336 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by China (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Brazil (FOB) - 2022
In 2022, the average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $7,238 per ton, shrinking by -15.2% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 306%. As a result, the export price reached the peak level of $17,748 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($102,904 per ton), while the average price for exports to Denmark ($5,409 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 Argentina (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Brazil
Imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s into Brazil surged to 3.5K tons in 2022, jumping by 79% compared with 2021 figures. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s skyrocketed to $21M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 0.5 | 3.0 | 5.0 | 16.2 | 218.8% |
| China | 0.6 | 0.6 | 1.2 | 1.3 | 29.4% |
| Spain | 0.6 | 0.4 | 0.7 | 1.0 | 18.6% |
| Italy | 0.8 | 0.6 | 0.9 | 0.7 | -4.4% |
| United States | 0.9 | 1.1 | 0.5 | 0.4 | -23.7% |
| United Kingdom | 0.5 | 0.3 | 0.4 | 0.2 | -26.3% |
| Japan | 1.1 | N/A | N/A | 0.1 | -55.0% |
| Others | 0.9 | 0.7 | 1.6 | 1.0 | 3.6% |
| Total | 6.1 | 6.8 | 10.3 | 20.9 | 50.8% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Brazil in 2022:
- Sweden (2709.9 tons)
- Spain (261.8 tons)
- China (221.1 tons)
- Italy (104.5 tons)
- United States (36.8 tons)
- United Kingdom (34.1 tons)
- Japan (8.1 tons)
Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Brazil
Exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s from Brazil surged to 16 tons in 2022, picking up by 25% compared with 2021. Over the period under review, exports, however, saw a significant curtailment. The growth pace was the most rapid in 2021 when exports increased by 99% against the previous year.
In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s rose rapidly to $115K in 2022. In general, exports, however, recorded a sharp reduction.
| Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 398 | N/A | 30.6 | 82.2 | -40.9% |
| United States | 18.5 | 3.5 | 10.0 | 8.9 | -21.6% |
| Spain | N/A | 1.8 | 16.7 | N/A | 827.8% |
| Chile | 71.2 | 30.2 | 5.0 | N/A | -73.5% |
| United Kingdom | 30.0 | N/A | 1.8 | N/A | -75.5% |
| Others | 19.2 | 78.4 | 45.0 | 24.2 | 8.0% |
| Total | 537 | 114 | 109 | 115 | -40.2% |
Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Brazil in 2022:
- Denmark (15.2 tons)
- United States (0.3 tons)
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