Price for Steel, Alloy; Semi-Finished Products in New Zealand - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in New Zealand (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in New Zealand (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in New Zealand
- Exports of Steel, Alloy; Semi-Finished Products in New Zealand
Price for Steel, Alloy; Semi-Finished Products in New Zealand (CIF) - 2022
In 2022, the average steel, alloy; semi-finished products import price amounted to $15,852 per ton, growing by 157% against the previous year. Over the period under review, the import price continues to indicate strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($72,395 per ton), while the price for China ($11,084 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Semi-Finished Products in New Zealand (FOB) - 2022
In 2022, the average steel, alloy; semi-finished products export price amounted to $13,937 per ton, increasing by 120% against the previous year. Overall, the export price showed prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Fiji.
From 2012 to 2022, the rate of growth in terms of prices for Samoa amounted to +15.3% per year.
Imports of Steel, Alloy; Semi-Finished Products in New Zealand
In 2022, overseas purchases of steel, alloy; semi-finished productses decreased by -76.5% to 2 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a sharp descent. The growth pace was the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of 48 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, steel, alloy; semi-finished products imports shrank sharply to $31K in 2022. Over the period under review, imports recorded a sharp contraction. The smallest decline of -2.9% was in 2020.
| Import of Steel, Alloy; Semi-Finished Products in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 0.1 | N/A | 18.7 | 353.9% |
| United States | 6.8 | 20.0 | 13.9 | 9.6 | 12.2% |
| Thailand | 2.8 | 4.7 | 2.9 | 1.9 | -12.1% |
| Australia | 68.5 | 49.3 | 6.5 | 1.0 | -75.6% |
| Belgium | 65.3 | 77.7 | N/A | N/A | 19.0% |
| Germany | 44.0 | 20.0 | 6.6 | N/A | -61.3% |
| India | 7.6 | 15.0 | 16.2 | N/A | 46.0% |
| Others | 4.2 | 6.6 | 5.3 | N/A | 12.3% |
| Total | 199 | 193 | 51.5 | 31.2 | -46.1% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to New Zealand in 2022:
- China (1685.0 kg)
- United States (133.0 kg)
- Thailand (93.0 kg)
- Australia (56.0 kg)
Exports of Steel, Alloy; Semi-Finished Products in New Zealand
In 2022, the amount of steel, alloy; semi-finished productses exported from New Zealand plummeted to 2 kg, waning by -99.5% against the year before. Over the period under review, exports faced a sharp reduction. The smallest decline of -35.1% was in 2021.
In value terms, steel, alloy; semi-finished products exports shrank sharply to $34 in 2022. In general, exports recorded a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year.
| Export of Steel, Alloy; Semi-Finished Products in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 390 | 92.0 | 66.0 | 34.0 | -55.7% |
| Sweden | N/A | 1,063 | N/A | N/A | 0% |
| Samoa | 455 | 329 | 1,056 | N/A | 52.3% |
| Australia | 1,662 | 606 | 1,235 | N/A | -13.8% |
| Tonga | 158 | 70.0 | 96.0 | N/A | -22.1% |
| Others | 3,393 | 5.0 | 1.0 | N/A | -98.3% |
| Total | 6,058 | 2,165 | 2,454 | 34.0 | -82.2% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from New Zealand in 2022:
- Fiji (2.0 kg)
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