Price for Steel, Stainless; Angles, Shapes and Sections in Angola - 2022
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Angola (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Angola (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Angola
- Exports of Steel, Stainless; Angles, Shapes and Sections in Angola
Price for Steel, Stainless; Angles, Shapes and Sections in Angola (CIF) - 2022
The average import price for steel, stainless stood at $1,452 per ton in 2022, waning by -60.7% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 19% against the previous year. The import price peaked at $5,033 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 the UK ($7,411 per ton), while the price for China ($805 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (-6.2%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Stainless; Angles, Shapes and Sections in Angola (FOB) - 2022
The average export price for steel, stainless stood at $13,608 per ton in 2022, surging by 22% against the previous year. In general, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 99% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($13,608 per ton), while the average price for exports to South Africa ($9,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+44.3%).
Imports of Steel, Stainless; Angles, Shapes and Sections in Angola
Imports of steel, stainless into Angola skyrocketed to 346 tons in 2022, increasing by 680% compared with the previous year's figure. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless skyrocketed to $511K in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Angles, Shapes and Sections in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.0 | 8.7 | 30.6 | 235 | 389.8% |
| United Kingdom | 10.5 | 2.3 | 5.3 | 52.8 | 71.3% |
| Netherlands | 43.8 | 14.4 | 26.3 | 43.2 | -0.5% |
| Portugal | 45.0 | 16.2 | 6.9 | 17.2 | -27.4% |
| Namibia | 0.2 | 0.1 | 3.4 | 10.9 | 279.1% |
| Others | 70.9 | 34.5 | 59.5 | 152 | 28.9% |
| Total | 172 | 76.2 | 132 | 511 | 43.8% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Angola in 2022:
- China (291.6 tons)
- Netherlands (11.3 tons)
- Portugal (9.0 tons)
- United Kingdom (7.1 tons)
- Namibia (5.8 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Angola
For the fourth consecutive year, Angola recorded growth in overseas shipments of steel, stainless, which increased by 144% to 475 kg in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 373%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of steel, stainless skyrocketed to $6.5K in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 786%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Steel, Stainless; Angles, Shapes and Sections in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | N/A | N/A | N/A | 5.4 | 0% |
| Mauritania | N/A | N/A | N/A | 1.0 | 0% |
| Cote d'Ivoire | N/A | N/A | 3.2 | N/A | 0% |
| Democratic Republic of the Congo | N/A | 1.7 | N/A | N/A | 0% |
| South Africa | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.2 | 1.7 | 3.3 | 6.5 | 219.1% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Angola in 2022:
- Namibia (398.0 kg)
- Mauritania (76.0 kg)
- South Africa (1.0 kg)
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