Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Iran - 2022
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Iran (CIF) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Iran (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Iran
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Iran
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Iran (CIF) - 2022
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $4,313 per ton in 2022, with an increase of 1.8% against the previous year. Overall, the import price, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2013 an increase of 26% against the previous year. As a result, import price reached the peak level of $7,390 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($7,958 per ton), while the price for Japan ($2,794 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Iran (FOB) - 2022
In 2022, the average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $12,514 per ton, picking up by 85% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($13,234 per ton), while the average price for exports to Georgia totaled $2,870 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.6%).
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Iran
In 2022, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Iran surged to 6.9K tons, picking up by 32% against 2021 figures. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia surged to $30M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.7 | 9.3 | 4.8 | 18.0 | 27.4% |
| South Korea | 5.0 | 1.8 | 4.4 | 4.8 | -1.4% |
| Sweden | 3.3 | 2.5 | 3.4 | 2.9 | -4.2% |
| United Arab Emirates | 0.8 | 0.2 | 0.5 | 0.7 | -4.4% |
| India | 0.8 | 0.6 | 0.7 | 0.5 | -14.5% |
| Spain | 0.4 | 0.3 | 0.5 | 0.5 | 7.7% |
| Japan | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Bulgaria | N/A | N/A | 3.5 | N/A | 0% |
| Iraq | N/A | N/A | 1.1 | N/A | 0% |
| Others | 2.9 | 2.1 | 2.8 | 1.8 | -14.7% |
| Total | 22.2 | 17.1 | 22.1 | 29.6 | 10.1% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Iran in 2022:
- China (5297.1 tons)
- South Korea (606.7 tons)
- Sweden (367.3 tons)
- Japan (134.6 tons)
- United Arab Emirates (134.2 tons)
- India (100.9 tons)
- Spain (96.5 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Iran
In 2022, shipments abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia decreased by -68.9% to 331 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 104%. As a result, the exports attained the peak of 4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia reduced dramatically to $4.1K in 2022. In general, exports faced a dramatic curtailment. The growth pace was the most rapid in 2020 when exports increased by 191% against the previous year. As a result, the exports reached the peak of $40K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 13.7 | 39.9 | 5.8 | 4.1 | -33.1% |
| Georgia | 0.2 | 0.5 | 0.1 | 0.1 | -20.6% |
| Turkmenistan | N/A | N/A | 1.0 | N/A | 0% |
| Others | 0.1 | N/A | 0.3 | N/A | 73.2% |
| Total | 13.9 | 40.5 | 7.2 | 4.1 | -33.4% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Iran in 2022:
- United Arab Emirates (308.0 kg)
- Georgia (23.0 kg)
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