Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Kenya - 2022

Contents:

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

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

In 2022, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,654 per ton, increasing by 2% against the previous year. Overall, the import price saw a moderate expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 150% against the previous year. As a result, import price attained the peak level of $2,113 per ton. From 2015 to 2022, the average 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 South Africa ($3,621 per ton), while the price for India ($1,292 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,238 per ton, waning by -18.3% against the previous year. Over the period under review, the export price, however, recorded modest growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 400%. As a result, the export price attained the peak level of $4,099 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($2,135 per ton), while the average price for exports to South Sudan ($855 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 Tanzania (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of alloy steel flat-rolled products, of a width of less than 600mms into Kenya declined rapidly to 632 tons, which is down by -22.1% against the previous year. Over the period under review, imports showed a precipitous curtailment.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms shrank dramatically to $1M in 2022. In general, imports recorded a sharp slump. The smallest decline of -20.6% was in 2020.

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

1. China (376.5 tons)
2. India (233.3 tons)
3. South Africa (17.3 tons)

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

Exports of alloy steel flat-rolled products, of a width of less than 600mms from Kenya soared to 37 tons in 2022, surging by 944% compared with 2021 figures. Over the period under review, exports, however, recorded a sharp reduction.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms skyrocketed to $46K in 2022. Overall, exports, however, faced a dramatic decrease.

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

1. Rwanda (24.3 tons)
2. South Sudan (7.3 tons)
3. Democratic Republic of the Congo (2.4 tons)
4. Uganda (1.6 tons)
5. Tanzania (1.4 tons)
6. Burundi (0.4 tons)

Source: IndexBox Market Intelligence Platform