Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Egypt - 2023

Contents:

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

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Egypt (CIF) - 2022

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,982 per ton in 2022, jumping by 66% against the previous year. Over the period under review, the import price recorded a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the United Arab Emirates ($3,475 per ton), while the price for Poland ($1,889 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Egypt (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $5,523 per ton in 2021, jumping by 170% against the previous year. In general, the export price showed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Sudan amounted to +16.0% per year.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Egypt

For the third year in a row, Egypt recorded decline in purchases abroad of alloy steel flat-rolled products, of a width of less than 600mms, which decreased by -28.3% to 2.8K tons in 2022. Over the period under review, imports continue to indicate a significant decrease. The smallest decline of -2.2% was in 2021.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms skyrocketed to $8.4M in 2022. In general, imports showed a deep downturn.

Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.11.53.07.488.8%
United Arab Emirates1.70.20.20.8-22.2%
PolandN/AN/AN/A0.10%
South Korea1.1N/A0.2N/A-57.4%
Germany1.00.40.4N/A-36.8%
India0.11.2N/AN/A1100.0%
Italy1.41.1N/AN/A-21.4%
Turkey3.01.32.5N/A-8.7%
Others0.91.00.8N/A-5.7%
Total10.26.67.08.4-6.3%

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Egypt in 2022:

  1. China (2505.2 tons)
  2. United Arab Emirates (237.6 tons)
  3. Poland (47.9 tons)
  4. Italy (14.1 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Egypt

In 2021, approx. 218 kg of alloy steel flat-rolled products, of a width of less than 600mms were exported from Egypt; waning by -97.6% against the previous year. In general, exports faced a dramatic descent.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms shrank rapidly to $1.2K in 2021. Overall, exports faced a sharp decline.

Export of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Egypt (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
Germany1.21.20.0%
Sweden2.4N/A0%
Oman7.1N/A0%
Italy7.5N/A0%
Others0.1N/A0%
Total18.31.2-93.4%

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Egypt in 2022:

  1. Germany (218.0 kg)

Source: IndexBox Market Intelligence Platform

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