Price for Steel, Alloy; Ingots and Other Primary Forms in Saudi Arabia - 2022
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Saudi Arabia (FOB) - 2022
- Exports of Steel, Alloy; Ingots and Other Primary Forms in Saudi Arabia
Price for Steel, Alloy; Ingots and Other Primary Forms in Saudi Arabia (FOB) - 2022
In 2021, the average export price for steel, alloy; ingots and other primary formses amounted to less than $0.1 per ton, flattening at the previous year. Over the period under review, the export price enjoyed a notable expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 35%. As a result, the export price reached the peak level of $1,081 per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.
Exports of Steel, Alloy; Ingots and Other Primary Forms in Saudi Arabia
In 2022, after two years of decline, there was decline in shipments abroad of steel, alloy; ingots and other primary formses, when their volume decreased by 0% to 34 tons. In general, exports showed a sharp curtailment. The smallest decline of 99.9% was in 2020.
In value terms, exports of steel, alloy; ingots and other primary formses amounted to $26K in 2022. Over the period under review, exports recorded a sharp downturn. The smallest decline of 99.9% was in 2020.
| Export of Steel, Alloy; Ingots and Other Primary Forms in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Arab Emirates | N/A | N/A | 5.4 | 0% | |
| Bahrain | 164 | N/A | N/A | 0% | |
| Others | N/A | N/A | -5.4 | 0% | |
| Total | 164 | N/A | N/A | 0% | |
Top Export Markets for Steel, Alloy; Ingots and Other Primary Forms from Saudi Arabia in 2022:
- United Arab Emirates (46.0 tons)
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