Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Canada - 2024
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Canada (CIF) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Canada (FOB) - 2024
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Canada
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Canada
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Canada (CIF) - 2022
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $11,259 per ton in 2022, growing by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 65%. As a result, import price attained the peak level of $13,250 per ton. From 2016 to 2022, the average import prices remained at a somewhat 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 United States ($24,667 per ton), while the price for China ($6,781 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Canada (FOB) - 2024
In September 2023, the average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $13,573 per ton, shrinking by -44.6% against the previous month. Over the period under review, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in May 2023 an increase of 433% m-o-m. As a result, the export price reached the peak level of $37,113 per ton. From June 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Germany ($47,716 per ton), while the average price for exports to the United States ($12,170 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Canada
In 2022, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Canada soared to 4.8K tons, with an increase of 31% compared with 2021. Overall, imports, however, continue to indicate a abrupt decline.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $54M in 2022. In general, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.5 | 10.5 | 12.6 | 23.3 | 12.2% |
| United States | 16.3 | 10.8 | 14.3 | 18.7 | 4.7% |
| Germany | 3.6 | 2.0 | 1.8 | 2.3 | -13.9% |
| Italy | 1.0 | 1.1 | 0.4 | 1.7 | 19.3% |
| Sweden | 2.5 | 0.4 | 1.3 | 1.2 | -21.7% |
| Taiwan (Chinese) | 0.3 | 0.4 | 0.6 | 0.8 | 38.7% |
| India | 0.3 | 0.1 | 0.4 | 0.7 | 32.6% |
| Others | 8.1 | 5.5 | 4.7 | 5.5 | -12.1% |
| Total | 48.6 | 30.8 | 36.1 | 54.1 | 3.6% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Canada in 2022:
- China (3433.9 tons)
- United States (756.7 tons)
- Germany (118.0 tons)
- Italy (89.0 tons)
- India (78.6 tons)
- Taiwan (Chinese) (60.1 tons)
- Sweden (44.2 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Canada
In 2022, the amount of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia exported from Canada dropped to 180 tons, with a decrease of -3.6% on 2021. Over the period under review, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 120% against the previous year.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $2.9M in 2022. Overall, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.1 | 1.0 | 1.7 | 2.3 | -44.0% |
| Brazil | 0.6 | N/A | N/A | 0.2 | -30.7% |
| Bahamas | N/A | N/A | N/A | 0.2 | 0% |
| South Korea | 1.3 | N/A | N/A | N/A | 0% |
| Others | 1.7 | 0.3 | 0.6 | 0.2 | -51.0% |
| Total | 16.7 | 1.4 | 2.3 | 2.9 | -44.2% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Canada in 2022:
- United States (161.3 tons)
- Brazil (5.7 tons)
- Bahamas (4.1 tons)
- South Korea (0.1 tons)
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