Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Saudi Arabia - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Saudi Arabia (FOB) - 2022
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Saudi Arabia
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Saudi Arabia (FOB) - 2022
In 2021, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $1,422 per ton, waning by -25.2% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 176% against the previous year. As a result, the export price reached the peak level of $1,900 per ton, and then contracted remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($1,991 per ton), while the average price for exports to India amounted to $285 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+60.3%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Saudi Arabia
In 2022, shipments abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia increased by 29% to 484 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a sharp decrease.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia soared to $1.2M in 2022. Overall, exports, however, recorded a sharp curtailment.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| India | N/A | 1,250 | 263 | -79.0% |
| Japan | N/A | 124 | N/A | 0% |
| Others | 2,909 | 1,491 | 271 | -69.5% |
| Total | 2,909 | 2,864 | 534 | -57.2% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Saudi Arabia in 2022:
- India (924.1 tons)
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