Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Indonesia - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Indonesia (FOB) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Indonesia (CIF) - 2022
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Indonesia
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Indonesia
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Indonesia (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $2,316 per ton in March 2022, surging by 9.6% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in November 2021 when the average export price increased by 17% month-to-month. As a result, the export price attained the peak level of $2,770 per ton. From December 2021 to March 2022, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In March 2022, the country with the highest price was Taiwan (Chinese) ($2,558 per ton), while the average price for exports to China stood at $2,289 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.0%).
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Indonesia (CIF) - 2022
The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $2,880 per ton in 2022, picking up by 13% against the previous year. Overall, the import price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 149%. The import price peaked at $9,033 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Taiwan (Chinese) ($5,235 per ton), while the price for Malaysia ($1,777 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+45.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Indonesia
After three years of growth, shipments abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -18.3% to 1.1M tons in 2022. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 4,042% against the previous year.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia dropped to $2.4B in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 3,860%.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Indonesia (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 1.4 | 2.7 | 2.4 | 30.9% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | 1.4 | 2.7 | 2.4 | 30.9% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Indonesia in 2022:
- China (1076.7K tons)
- Taiwan (Chinese) (26.3K tons)
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Indonesia
In 2022, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia into Indonesia declined rapidly to 6.4K tons, which is down by -20.5% compared with 2021. In general, imports saw a precipitous slump.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia contracted to $19M in 2022. Over the period under review, imports recorded a dramatic downturn. The smallest decline of -0.2% was in 2021.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 19.6 | 8.0 | 10.2 | 7.2 | -28.4% |
| China | 9.6 | 3.9 | 5.6 | 4.9 | -20.1% |
| Japan | 0.6 | 1.1 | 1.5 | 1.8 | 44.2% |
| South Korea | 6.1 | 0.6 | 0.5 | 1.7 | -34.7% |
| Malaysia | 2.1 | 1.3 | 0.8 | 0.9 | -24.6% |
| Vietnam | N/A | N/A | 0.6 | 0.7 | 16.7% |
| Qatar | 1.8 | N/A | N/A | N/A | 0% |
| Turkey | 0.6 | N/A | N/A | N/A | 0% |
| Ukraine | 3.5 | 4.7 | 0.1 | N/A | -83.1% |
| Others | 0.7 | 0.9 | 1.2 | 1.2 | 19.7% |
| Total | 44.6 | 20.6 | 20.6 | 18.5 | -25.4% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Indonesia in 2022:
- Singapore (2207.4 tons)
- China (2184.5 tons)
- Japan (645.8 tons)
- Malaysia (498.3 tons)
- South Korea (423.7 tons)
- Vietnam (259.8 tons)
- Turkey (35.7 tons)
- Ukraine (21.9 tons)
673
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Indonesia.
4730
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
288
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2403
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
794
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
1107
In value terms, ferro-cerium and other pyrophoric alloys exports totaled $X in 2016. In general, ferro-cerium and other pyrophoric alloys exports continue to indicate a relatively flat trend patter...
830
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
792
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
