Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ethiopia - 2022

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ethiopia (CIF) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ethiopia (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ethiopia
4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ethiopia

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ethiopia (CIF) - 2022

In 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,181 per ton, jumping by 36% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. Over the period under review, average import prices attained the maximum at $1,224 per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,441 per ton), while the price for Japan ($583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ethiopia (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $283 per ton in 2021, standing approx. at the previous year. Over the period under review, the export price continues to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by less than 0.1%. The export price peaked at $1,427 per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2015 to 2021, the rate of growth in terms of prices for Estonia amounted to 0.0% per year.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ethiopia

In 2022, approx. 8.6K tons of alloy steel flat-rolled products, of a width 600mm or mores were imported into Ethiopia; picking up by 299% against the previous year. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores soared to $10M in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Ethiopia in 2022:

1. Ukraine (2972.9 tons)
2. India (2037.7 tons)
3. China (1269.0 tons)
4. United Arab Emirates (566.8 tons)
5. Japan (494.8 tons)
6. United States (295.6 tons)
7. Turkey (285.6 tons)
8. Italy (250.4 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ethiopia

In 2021, the amount of alloy steel flat-rolled products, of a width 600mm or mores exported from Ethiopia amounted to 988 tons, almost unchanged from 2020 figures. Over the period under review, exports recorded a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores totaled $280K in 2021. Overall, exports showed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2021 and are likely to continue growth in the near future.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Ethiopia in 2022:

1. Nigeria (987.8 tons)

Source: IndexBox Market Intelligence Platform