Price for Iron and Non-Alloy Steel in Ingot in Sudan - 2022
Contents:
- Price for Iron and Non-Alloy Steel in Ingot in Sudan (CIF) - 2022
- Imports of Iron and Non-Alloy Steel in Ingot in Sudan
Price for Iron and Non-Alloy Steel in Ingot in Sudan (CIF) - 2022
In 2022, the average import price for iron and non-alloy steel in ingots amounted to $1,132 per ton, leveling off at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 56%. As a result, import price reached the peak level of $1,357 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +34.5% per year.
Imports of Iron and Non-Alloy Steel in Ingot in Sudan
In 2022, purchases abroad of iron and non-alloy steel in ingots decreased by -24.8% to 3.4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 6,134% against the previous year.
In value terms, imports of iron and non-alloy steel in ingots fell markedly to $3.8M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 5,105% against the previous year.
| Import of Iron and Non-Alloy Steel in Ingot in Sudan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | N/A | 2.4 | N/A | 3.7 | 24.2% |
| Jordan | N/A | N/A | 5.0 | N/A | 0% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | N/A | 2.6 | 5.1 | 3.8 | 20.9% |
Top Suppliers of Iron and Non-Alloy Steel in Ingot to Sudan in 2022:
- Uganda (3.3K tons)
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