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

Contents:

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

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

In 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $798 per ton, almost unchanged from the previous year. Over the period under review, the import price saw a pronounced setback. The growth pace was the most rapid in 2016 an increase of 36%. Over the period under review, average import prices attained the peak figure at $1,150 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,217 per ton), while the price for China totaled $770 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.5%).

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

In 2022, the average export price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $585 per ton, reducing by -44% against the previous year. Overall, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 71%. As a result, the export price attained the peak level of $1,875 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($1,667 per ton), while the average price for exports to Poland ($374 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+32.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of alloy steel flat-rolled products, of a width 600mm or mores, when their volume decreased by -47.1% to 43K tons. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 7.7%.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores fell dramatically to $35M in 2022. Over the period under review, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 23% against the previous year.

Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China43.251.155.931.3-10.2%
India0.42.25.71.140.1%
Others1.21.94.02.324.2%
Total44.855.265.634.7-8.2%

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

  1. China (40.7K tons)
  2. India (0.9K tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of alloy steel flat-rolled products, of a width 600mm or mores, when their volume decreased by -95.9% to 960 kg. Overall, exports showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 1,883%. As a result, the exports attained the peak of 24 tons, and then reduced dramatically in the following year.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores dropped remarkably to $562 in 2022. Over the period under review, exports faced a precipitous slump. The pace of growth appeared the most rapid in 2021 when exports increased by 1,882% against the previous year. As a result, the exports attained the peak of $25K, and then shrank notably in the following year.

Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MaldivesN/A1.15.00.3-47.8%
PolandN/AN/AN/A0.20%
United StatesN/A0.1N/AN/A0%
Australia0.9N/AN/AN/A0%
PakistanN/AN/A18.0N/A0%
Others1.3N/A1.7N/A14.4%
Total2.21.324.80.6-35.2%

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

  1. Poland (556.0 kg)
  2. Maldives (383.0 kg)
  3. United States (18.0 kg)

Source: IndexBox Market Intelligence Platform

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