Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Egypt - 2023
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Egypt (CIF) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Egypt
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Egypt (CIF) - 2022
The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $7,010 per ton in 2022, growing by 25% against the previous year. Overall, the import price posted resilient growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 62%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($7,011 per ton) and Italy ($7,010 per ton), while the price for India ($7,005 per ton) and China ($7,010 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Egypt
In 2022, overseas purchases of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s decreased by -66.8% to 100 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 79% against the previous year. As a result, imports reached the peak of 1.2K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s fell remarkably to $702K in 2022. In general, imports continue to indicate a precipitous decline. The growth pace was the most rapid in 2020 when imports increased by 178% against the previous year. As a result, imports reached the peak of $7.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 37.8 | 1,147 | 769 | 398 | 119.2% |
| China | 303 | 123 | 243 | 173 | -17.0% |
| Italy | N/A | 2.6 | 3.0 | 67.8 | 410.7% |
| South Korea | 34.5 | 23.0 | 144 | 60.6 | 20.7% |
| India | 1,625 | 2,662 | 2.3 | 2.6 | -88.3% |
| Japan | 2.0 | 458 | N/A | N/A | 22800.0% |
| Sweden | 649 | N/A | N/A | N/A | 0% |
| United States | 24.0 | 2,947 | 1.2 | N/A | -77.6% |
| Others | 20.8 | 138 | 536 | 0.1 | -83.1% |
| Total | 2,697 | 7,499 | 1,699 | 702 | -36.2% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Egypt in 2022:
- Taiwan (Chinese) (56.8 tons)
- China (24.7 tons)
- Italy (9.7 tons)
- South Korea (8.6 tons)
- India (0.4 tons)
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