Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ethiopia - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ethiopia (CIF) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ethiopia
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ethiopia (CIF) - 2022
In 2022, the average import price for steel, alloy amounted to $4,266 per ton, approximately equating the previous year. Overall, the import price saw buoyant growth. The pace of growth appeared the most rapid in 2013 an increase of 62%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +16.2% per year.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ethiopia
In 2022, supplies from abroad of steel, alloy decreased by 0% to 17 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of steel, alloy totaled $74K in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 63% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 73.6 | 0% |
| China | 16.6 | N/A | N/A | N/A | 0% |
| South Africa | 0.2 | N/A | N/A | N/A | 0% |
| Italy | N/A | 27.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.8 | 27.3 | N/A | 73.6 | 63.6% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented to Ethiopia in 2022:
- India (17.2 tons)
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