Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Algeria - 2022

Contents:

1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Algeria (CIF) - 2022
2. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Algeria (FOB) - 2022
3. Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Algeria
4. Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Algeria

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Algeria (CIF) - 2022

In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $3,709 per ton, growing by 49% against the previous year. Over the period under review, the import price posted a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 64%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($23,689 per ton), while the price for Italy ($987 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Algeria (FOB) - 2022

The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $5,002 per ton in 2020, rising by 38% against the previous year. In general, the export price showed a relatively flat trend pattern. 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 Turkey.

From 2014 to 2020, the rate of growth in terms of prices for Spain amounted to -39.5% per year.

Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Algeria

In 2022, overseas purchases of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s increased by 127% to 357 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a dramatic slump.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $1.3M in 2022. In general, imports, however, saw a noticeable descent.

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Algeria in 2022:

1. Spain (209.8 tons)
2. Portugal (104.9 tons)
3. Italy (26.4 tons)
4. China (5.8 tons)
5. France (5.4 tons)
6. Turkey (2.0 tons)

Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Algeria

In 2020, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s from Algeria declined to 2.5 tons, which is down by -12.9% compared with the previous year's figure. Over the period under review, exports showed a abrupt setback.

In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $13K in 2020. The total export value increased at an average annual rate of +20.0% from 2019 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Algeria in 2022:

1. Turkey (2.5 tons)