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

Contents:

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

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

In March 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,037 per ton, waning by -2.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.9%. The pace of growth was the most pronounced in October 2021 an increase of 15% against the previous month. The import price peaked at $1,073 per ton in January 2022; however, from February 2022 to March 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the countries with the highest prices were Taiwan (Chinese) ($1,143 per ton) and China ($1,115 per ton), while the price for Japan ($940 per ton) and South Korea ($1,020 per ton) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.4%), 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 Indonesia (FOB) - 2022

In March 2022, the average export price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,320 per ton, picking up by 24% against the previous month. Over the period under review, export price indicated a moderate expansion from March 2021 to March 2022: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, export price for alloy steel flat-rolled products, of a width 600mm or mores increased by +43.7% against November 2021 indices. The pace of growth was the most pronounced in August 2021 an increase of 41% against the previous month. As a result, the export price reached the peak level of $1,800 per ton. From September 2021 to March 2022, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($2,827 per ton), while the average price for exports to Malaysia ($1,013 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of alloy steel flat-rolled products, of a width 600mm or mores into Indonesia rose modestly to 1.6M tons in 2022, picking up by 2.6% on the year before. Over the period under review, imports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 83%.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores skyrocketed to $1.6B in 2022. Overall, imports saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 144% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Japan (692.9K tons)
2. China (677.6K tons)
3. South Korea (124.0K tons)
4. Taiwan (Chinese) (84.1K tons)

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

In 2022, overseas shipments of alloy steel flat-rolled products, of a width 600mm or mores increased by 2.7% to 3.2K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep reduction.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores expanded significantly to $3.9M in 2022. Overall, exports, however, continue to indicate a abrupt contraction.

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

1. Malaysia (2834.8 tons)
2. China (122.7 tons)
3. Japan (72.8 tons)
4. Vietnam (38.8 tons)
5. Singapore (22.1 tons)

Source: IndexBox Market Intelligence Platform