Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Iran - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Iran (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Iran (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Iran
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Iran
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Iran (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $4,121 per ton, which is down by -3.8% against the previous year. Over the period under review, the import price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 120% against the previous year. Over the period under review, average import prices attained the maximum at $9,324 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($25,616 per ton), while the price for Sweden ($894 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.6%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Iran (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $4,340 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 180%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Oman.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -8.9% per year.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Iran
In 2022, after three years of growth, there was significant decline in overseas purchases of steel, stainless; semi-finished products, other than of rectangular cross-sectia, when their volume decreased by -16.8% to 776 tons. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 73%.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia dropped rapidly to $3.2M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 69%.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 627 | 1,161 | 1,298 | 995 | 16.6% |
| India | 538 | 725 | 951 | 870 | 17.4% |
| Sweden | 56.3 | 50.6 | 44.3 | 27.0 | -21.7% |
| United Kingdom | 21.9 | 26.1 | 30.3 | 24.6 | 4.0% |
| Italy | 6.6 | 10.2 | 20.7 | 15.9 | 34.1% |
| Others | 641 | 1,231 | 1,650 | 1,264 | 25.4% |
| Total | 1,890 | 3,203 | 3,994 | 3,197 | 19.1% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Iran in 2022:
- Turkey (322.6 tons)
- India (34.0 tons)
- Sweden (30.2 tons)
- Italy (16.2 tons)
- United Kingdom (9.6 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Iran
In 2022, the amount of steel, stainless; semi-finished products, other than of rectangular cross-sectia exported from Iran totaled 421 kg, stabilizing at the previous year's figure. In general, exports faced a dramatic contraction. The smallest decline of -98.5% was in 2020.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $1.8K in 2022. Over the period under review, exports showed a precipitous slump. The smallest decline of -95.7% was in 2020.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | N/A | 1.8 | 0% |
| Tajikistan | N/A | 2.7 | N/A | N/A | 0% |
| Canada | 12.2 | N/A | N/A | N/A | 0% |
| Others | 50.6 | N/A | N/A | N/A | 0% |
| Total | 62.7 | 2.7 | N/A | 1.8 | -69.4% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Iran in 2022:
- Oman (421.0 kg)
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