Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iran - 2022
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iran (CIF) - 2022
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iran (FOB) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iran
- Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iran
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iran (CIF) - 2022
In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $866 per ton, with a decrease of -16.9% against the previous year. Over the period under review, the import price, however, saw a tangible increase. The most prominent rate of growth was recorded in 2017 an increase of 38%. The import price peaked at $1,041 per ton in 2021, and then fell sharply in the following year.
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 Italy ($10,206 per ton), while the price for Thailand ($215 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iran (FOB) - 2022
In 2022, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $546 per ton, shrinking by -34.1% against the previous year. Over the period under review, the export price recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by 73% against the previous year. As a result, the export price reached the peak level of $828 per ton, and then plummeted in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($1,125 per ton), while the average price for exports to Afghanistan ($354 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 Turkey (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iran
After two years of decline, overseas purchases of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses increased by 31% to 1.9K tons in 2022. Overall, imports, however, continue to indicate a sharp contraction.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses expanded notably to $1.6M in 2022. Over the period under review, imports, however, saw a dramatic downturn.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,675 | 241 | 408 | 851 | -20.2% |
| Russia | 1,409 | 409 | 304 | 234 | -45.0% |
| United Arab Emirates | 881 | 255 | 238 | 165 | -42.8% |
| Spain | 849 | 251 | 190 | 148 | -44.1% |
| Germany | 916 | 220 | 135 | 85.5 | -54.6% |
| South Korea | 530 | 113 | 62.1 | 35.2 | -59.5% |
| Thailand | 232 | 49.4 | 26.9 | 15.2 | -59.7% |
| Others | 705 | 209 | 128 | 84.8 | -50.6% |
| Total | 7,197 | 1,747 | 1,491 | 1,619 | -39.2% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Iran in 2022:
- China (838.4 tons)
- Germany (241.6 tons)
- Russia (240.6 tons)
- United Arab Emirates (191.0 tons)
- Spain (151.7 tons)
- Thailand (70.6 tons)
- South Korea (49.6 tons)
Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iran
In 2022, shipments abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses increased by 159% to 2.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a precipitous slump.
In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses soared to $1.2M in 2022. Over the period under review, exports, however, faced a sharp curtailment.
| Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 1,477 | 1,110 | 446 | 740 | -20.6% |
| Afghanistan | 469 | 351 | 140 | 232 | -20.9% |
| Pakistan | 38.6 | 53.7 | 47.8 | 114 | 43.5% |
| Kuwait | 107 | 83.9 | 35.2 | 61.1 | -17.0% |
| United Arab Emirates | 48.0 | 37.0 | 15.3 | 26.0 | -18.5% |
| Myanmar | 568 | N/A | N/A | N/A | 0% |
| Iraq | 3,282 | N/A | N/A | N/A | 0% |
| Others | 47.8 | 34.5 | 5.8 | 6.8 | -47.8% |
| Total | 6,038 | 1,670 | 690 | 1,180 | -42.0% |
Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Iran in 2022:
- Qatar (1258.9 tons)
- Afghanistan (653.9 tons)
- Pakistan (135.7 tons)
- Kuwait (54.3 tons)
- United Arab Emirates (51.4 tons)
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