Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Tunisia - 2022

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Tunisia (CIF) - 2022
2. Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Tunisia

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Tunisia (CIF) - 2022

In 2022, the average import price for steel, alloy amounted to $3,357 per ton, growing by 29% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, alloy increased by +102.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

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 Russia ($4,166 per ton), while the price for the UK ($1,796 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Tunisia

Imports of steel, alloy into Tunisia contracted notably to 850 tons in 2022, which is down by -40.5% on the previous year. In general, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 478% against the previous year. As a result, imports reached the peak of 1.4K tons, and then declined remarkably in the following year.

In value terms, imports of steel, alloy contracted rapidly to $2.9M in 2022. Over the period under review, imports, however, posted notable growth. The pace of growth appeared the most rapid in 2021 with an increase of 807%. As a result, imports reached the peak of $3.7M, and then declined notably in the following year.

Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to Tunisia in 2022:

1. China (250.7 tons)
2. Italy (201.2 tons)
3. South Korea (168.6 tons)
4. United Arab Emirates (77.1 tons)
5. United Kingdom (38.5 tons)
6. Russia (25.3 tons)
7. Czech Republic (24.6 tons)

Source: IndexBox Market Intelligence Platform