Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia - 2022

Contents:

  1. Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia (FOB) - 2022
  2. Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia (CIF) - 2022
  3. Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia
  4. Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia

Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia (FOB) - 2022

The average export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $654 per ton in December 2022, which is down by -9.4% against the previous month. Overall, the export price showed a slight reduction. The pace of growth appeared the most rapid in June 2022 when the average export price increased by 21% m-o-m. As a result, the export price attained the peak level of $929 per ton. From July 2022 to December 2022, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In December 2022, the country with the highest price was Spain ($660 per ton), while the average price for exports to Libya stood at $649 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-0.7%), while the prices for the other major destinations experienced a decline.

Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia (CIF) - 2022

The average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $1,676 per ton in December 2022, picking up by 111% against the previous month. Overall, import price indicated a resilient expansion from December 2021 to December 2022: its price increased at an average monthly rate of +5.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses increased by +111.4% against November 2022 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From December 2021 to December 2022, the rate of growth in terms of prices for Turkey amounted to +5.8% per month.

Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia

In 2022, after two years of growth, there was significant decline in shipments abroad of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses, when their volume decreased by -49.8% to 34K tons. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 30,156% against the previous year. As a result, the exports reached the peak of 67K tons, and then shrank remarkably in the following year.

In value terms, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses reduced rapidly to $26M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 43,687% against the previous year. As a result, the exports reached the peak of $51M, and then declined dramatically in the following year.

Export of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia (Million USD)
COUNTRY202020212022CAGR,
2020-2022
SpainN/A17.715.6-11.9%
ItalyN/A8.66.2-27.9%
PortugalN/AN/A3.20%
JordanN/A5.1N/A0%
SenegalN/A2.1N/A0%
United KingdomN/A2.9N/A0%
RomaniaN/A4.6N/A0%
Others0.110.40.7164.6%
Total0.151.325.71503.1%

Top Export Markets for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Tunisia in 2022:

  1. Spain (20.8K tons)
  2. Italy (8.6K tons)
  3. Portugal (3.3K tons)

Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia

Imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses into Tunisia dropped to 38K tons in 2022, with a decrease of -5.6% on the previous year. Overall, imports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 13%.

In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses shrank dramatically to $26M in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 91%.

Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.03.94.85.6-2.3%
Spain10.23.512.35.4-19.1%
Turkey10.73.04.44.3-26.2%
India1.31.22.82.829.1%
Russia5.40.41.12.4-23.7%
GermanyN/A0.11.62.1358.3%
Egypt5.32.62.41.6-32.9%
Ukraine2.10.50.60.9-24.6%
Italy3.31.81.50.3-55.0%
Others0.50.71.90.2-26.3%
Total44.717.633.625.6-17.0%

Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Tunisia in 2022:

  1. Spain (7.2K tons)
  2. China (6.1K tons)
  3. Russia (6.0K tons)
  4. Turkey (5.7K tons)
  5. Germany (4.3K tons)
  6. India (3.7K tons)
  7. Egypt (2.5K tons)
  8. Ukraine (2.2K tons)
  9. Italy (0.2K tons)

Source: IndexBox Market Intelligence Platform

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