Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in the United Arab Emirates - 2022

Contents:

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

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

The average import price for alloy steel flat-rolled products, of a width 600mm or mores stood at $905 per ton in 2022, almost unchanged from the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 27%. Over the period under review, average import prices attained the maximum at $912 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($2,321 per ton), while the price for India ($731 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), 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 the United Arab Emirates (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,909 per ton in 2022, growing by 16% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 108%. Over the period under review, the average export prices hit record highs at $1,985 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,279 per ton), while the average price for exports to Pakistan ($897 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 India (+3.6%), 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 the United Arab Emirates

In 2022, supplies from abroad of alloy steel flat-rolled products, of a width 600mm or mores decreased by -2.4% to 471K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 11%. As a result, imports reached the peak of 503K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores dropped modestly to $426M in 2022. The total import value increased at an average annual rate of +10.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 21%. As a result, imports attained the peak of $434M, and then shrank slightly in the following year.

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

1. India (238.8K tons)
2. China (174.3K tons)
3. Sweden (10.5K tons)
4. Japan (10.3K tons)
5. Finland (7.4K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in the United Arab Emirates

In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores exported from the United Arab Emirates declined notably to 14K tons, reducing by -47.8% against 2021. Over the period under review, exports faced a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, the exports reached the peak of 26K tons, and then contracted remarkably in the following year.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores dropped notably to $26M in 2022. In general, exports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 77%. As a result, the exports attained the peak of $43M, and then shrank significantly in the following year.

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

1. India (7.0K tons)
2. Oman (4.1K tons)
3. Pakistan (1.5K tons)
4. Brazil (0.2K tons)
5. Egypt (0.2K tons)

Source: IndexBox Market Intelligence Platform