Price for Steel, Stainless; Ingots and Other Primary Forms in Angola - 2022
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Angola (CIF) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Angola
Price for Steel, Stainless; Ingots and Other Primary Forms in Angola (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $22,594 per ton in 2022, surging by 63% against the previous year. In general, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 99% against the previous year. Over the period under review, average import prices attained the maximum at $35,863 per ton in 2018; however, from 2019 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 the United States ($94,654 per ton), while the price for the UK amounted to $6,581 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.1%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Angola
In 2022, supplies from abroad of steel, stainless; ingots and other primary formses decreased by -45.4% to 143 kg, falling for the second year in a row after two years of growth. In general, imports recorded a significant curtailment. The growth pace was the most rapid in 2020 when imports increased by 222%. As a result, imports attained the peak of 1.2 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, stainless; ingots and other primary formses dropped to $3.2K in 2022. Overall, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 68%. As a result, imports reached the peak of $15K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.6 | 1.9 | 0.3 | 2.5 | 60.9% |
| United Kingdom | N/A | 0.1 | N/A | 0.8 | 182.8% |
| China | 0.4 | 1.8 | 0.1 | N/A | -50.0% |
| France | 0.4 | 5.7 | 0.6 | N/A | 22.5% |
| South Africa | 6.6 | 0.1 | 2.1 | N/A | -43.6% |
| Portugal | 1.0 | 5.6 | 0.5 | N/A | -29.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.0 | 15.2 | 3.6 | 3.2 | -29.2% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Angola in 2022:
- United Kingdom (117.0 kg)
- United States (26.0 kg)
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