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

Contents:

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

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

In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $4,579 per ton, dropping by -33.1% against the previous year. In general, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2019 an increase of 92%. As a result, import price reached the peak level of $13,944 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($50,360 per ton), while the price for China ($2,611 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+23.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $1,932 per ton, dropping by -63.1% against the previous year. Overall, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 174%. As a result, the export price attained the peak level of $30,100 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($3,439 per ton), while the average price for exports to France stood at $424 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-11.0%).

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

In 2022, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s into Angola reduced markedly to 21 tons, dropping by -61.3% on 2021 figures. In general, imports showed a dramatic descent. The smallest decline of -23.7% was in 2020.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s contracted remarkably to $94K in 2022. Overall, imports showed a sharp setback. The smallest decline of -49.2% was in 2021.

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

1. Lebanon (14.4 tons)
2. Portugal (2.2 tons)
3. China (1.4 tons)
4. Pakistan (0.5 tons)
5. India (0.5 tons)
6. United States (0.4 tons)
7. Belgium (0.2 tons)

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

In 2022, shipments abroad of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s decreased by -66% to 132 kg, falling for the second year in a row after two years of growth. Overall, exports showed a precipitous decrease. The pace of growth was the most pronounced in 2020 when exports increased by 185%. As a result, the exports attained the peak of 1.7 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s dropped significantly to $255 in 2022. Over the period under review, exports showed a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of 99%. As a result, the exports attained the peak of $5.4K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Netherlands (66.0 kg)
2. France (66.0 kg)