Price for Steel, Alloy; Wire, of High Speed Steel in Indonesia - 2022
Contents:
- Price for Steel, Alloy; Wire, of High Speed Steel in Indonesia (FOB) - 2022
- Exports of Steel, Alloy; Wire, of High Speed Steel in Indonesia
Price for Steel, Alloy; Wire, of High Speed Steel in Indonesia (FOB) - 2022
In 2022, the average export price for wire of high-speed steel, in coils (excluding bars and rods) amounted to $295 per ton, reducing by -8.5% against the previous year. In general, the export price faced a abrupt setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 28%. As a result, the export price reached the peak level of $1,866 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Timor-Leste.
From 2012 to 2022, the rate of growth in terms of prices for Timor-Leste amounted to -15.0% per year.
Exports of Steel, Alloy; Wire, of High Speed Steel in Indonesia
In 2022, shipments abroad of wire of high-speed steel, in coils (excluding bars and rods) decreased by -9.9% to 254 kg, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 41%. As a result, the exports attained the peak of 314 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of wire of high-speed steel, in coils (excluding bars and rods) shrank remarkably to $75 in 2022. In general, exports recorded a abrupt setback.
| Export of Steel, Alloy; Wire, of High Speed Steel in Indonesia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Timor-Leste | 135 | 111 | 91.0 | 75.0 | -17.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 135 | 111 | 91.0 | 75.0 | -17.8% |
Top Export Markets for Steel, Alloy; Wire, of High Speed Steel from Indonesia in 2022:
- Timor-Leste (254.0 kg)
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