Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Canada - 2024

Contents:

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

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

The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $5,545 per ton in 2022, picking up by 9.1% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 38% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,503 per ton), while the price for Taiwan (Chinese) ($3,223 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.1%), 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 Canada (FOB) - 2022

The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $5,638 per ton in 2022, rising by 74% against the previous year. In general, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 81%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,307 per ton), while the average price for exports to Cuba ($2,130 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 India (+0.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s, when their volume increased by 14% to 3.6K tons. In general, imports, however, continue to indicate a abrupt setback.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s skyrocketed to $20M in 2022. Overall, imports, however, saw a relatively flat trend pattern.

Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18.913.813.316.4-4.6%
China0.20.10.51.071.0%
United Kingdom0.30.30.40.518.6%
Taiwan (Chinese)N/A0.10.30.373.2%
Others0.71.21.61.631.7%
Total20.015.616.019.8-0.3%

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

  1. United States (2983.3 tons)
  2. China (199.3 tons)
  3. United Kingdom (149.4 tons)
  4. Taiwan (Chinese) (83.2 tons)

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

Exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s from Canada fell modestly to 160 tons in 2022, waning by -2.4% on 2021 figures. Overall, exports recorded a sharp descent.

In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s soared to $901K in 2022. Over the period under review, exports faced a precipitous slump.

Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10528.5374847100.6%
CubaN/AN/A3.050.31576.7%
India40575.91270.7-88.0%
Hong Kong SAR295N/AN/AN/A0%
South Korea20.343.7N/AN/A115.3%
Thailand19.6154N/AN/A685.7%
China3,27845.9N/AN/A-98.6%
United Arab EmiratesN/A717N/AN/A0%
Others12763.225.03.5-69.8%
Total4,2511,128529901-40.4%

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

  1. United States (134.3 tons)
  2. Cuba (23.6 tons)
  3. India (0.3 tons)
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