Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Sudan - 2022

Contents:

  1. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Sudan (CIF) - 2022
  2. Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Sudan

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Sudan (CIF) - 2022

In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $374 per ton, declining by -38.8% against the previous year. Over the period under review, the import price faced a abrupt shrinkage. The pace of growth was the most pronounced in 2014 an increase of 42%. Over the period under review, average import prices hit record highs at $3,763 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 Egypt ($11,000 per ton), while the price for the United Arab Emirates totaled $365 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+25.9%), while the prices for the other major suppliers experienced a decline.

Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Sudan

In 2022, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia into Sudan surged to 2.5 tons, rising by 31% on the previous year's figure. Over the period under review, imports, however, saw a precipitous decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year.

In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia fell remarkably to $928 in 2022. In general, imports, however, showed a sharp decline.

Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1.91.41.10.9-22.0%
Jordan3.3N/AN/AN/A0%
Saudi Arabia19.5N/AN/AN/A0%
Others0.80.1N/AN/A-87.5%
Total25.51.41.20.9-67.2%

Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Sudan in 2022:

  1. United Arab Emirates (2.5 tons)

Source: IndexBox Market Intelligence Platform

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