Price for Wire of Other Alloy Steel in Sudan - 2022
Contents:
- Price for Wire of Other Alloy Steel in Sudan (CIF) - 2022
- Imports of Wire of Other Alloy Steel in Sudan
Price for Wire of Other Alloy Steel in Sudan (CIF) - 2022
The average import price for wire of other alloy steels stood at $1,338 per ton in 2022, surging by 37% against the previous year. Overall, the import price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2015 an increase of 38%. The import price peaked at $1,852 per ton in 2012; however, from 2013 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 the United Arab Emirates ($3,532 per ton), while the price for Turkey ($1,058 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+64.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Wire of Other Alloy Steel in Sudan
In 2022, the amount of wire of other alloy steels imported into Sudan soared to 253 tons, picking up by 210% on the previous year's figure. Over the period under review, imports, however, showed a noticeable reduction.
In value terms, wire of other alloy steel imports skyrocketed to $339K in 2022. Overall, imports posted a pronounced increase.
| Import of Wire of Other Alloy Steel in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 198 | 233 | 33.2 | 115 | -16.6% |
| China | 25.7 | 150 | 18.0 | 96.3 | 55.3% |
| Saudi Arabia | 49.8 | 74.2 | 18.1 | 79.1 | 16.7% |
| United Arab Emirates | 13.5 | 20.7 | 5.2 | 28.7 | 28.6% |
| Egypt | 9.6 | 13.9 | 3.3 | 14.1 | 13.7% |
| Others | 3.1 | 1.2 | 2.2 | 6.1 | 25.3% |
| Total | 299 | 493 | 80.0 | 339 | 4.3% |
Top Suppliers of Wire of Other Alloy Steel to Sudan in 2022:
- Turkey (108.4 tons)
- China (72.9 tons)
- Saudi Arabia (52.2 tons)
- Egypt (8.8 tons)
- United Arab Emirates (8.1 tons)
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