Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Panama - 2024
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Panama (CIF) - 2022
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Panama (FOB) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Panama
- Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Panama
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Panama (CIF) - 2022
The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $4,556 per ton in 2022, which is down by -15.8% against the previous year. Over the period under review, the import price recorded a slight decrease. The most prominent rate of growth was recorded in 2014 an increase of 44% against the previous year. As a result, import price reached the peak level of $7,121 per ton. From 2015 to 2022, the average import prices remained at a 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 ($8,430 per ton), while the price for Taiwan (Chinese) ($2,715 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 (+3.9%), 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 Panama (FOB) - 2022
The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $8,728 per ton in 2022, surging by 12% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 313%. The export price peaked at $154,127 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($8,773 per ton), while the average price for exports to Costa Rica stood at $8,181 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (+215.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Panama
After two years of decline, overseas purchases of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s increased by 705% to 83 tons in 2022. In general, imports, however, saw a deep setback.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $377K in 2022. Overall, imports, however, recorded a significant curtailment.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.8 | 8.4 | 1.0 | 163 | 164.6% |
| Turkey | N/A | N/A | N/A | 76.7 | 0% |
| India | N/A | N/A | 6.9 | 59.5 | 762.3% |
| United States | 528 | 18.2 | 18.4 | 38.5 | -58.2% |
| Taiwan (Chinese) | 9.8 | 11.3 | 10.0 | 13.2 | 10.4% |
| Costa Rica | 3.6 | 5.1 | 9.1 | 11.4 | 46.8% |
| Spain | 100 | 0.4 | 3.7 | 3.5 | -67.3% |
| Germany | 60.7 | N/A | N/A | N/A | 0% |
| Others | 69.0 | 19.6 | 6.7 | 11.2 | -45.5% |
| Total | 780 | 63.1 | 55.7 | 377 | -21.5% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Panama in 2022:
- China (34.8 tons)
- Turkey (20.1 tons)
- India (14.2 tons)
- Taiwan (Chinese) (4.8 tons)
- United States (4.6 tons)
- Costa Rica (1.9 tons)
- Spain (1.1 tons)
Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Panama
For the fourth consecutive year, Panama recorded growth in overseas shipments of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s, which increased by 535% to 5.5 tons in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,226% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $48K in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 13,637% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jamaica | N/A | 1.7 | N/A | 38.3 | 374.7% |
| Costa Rica | 0.1 | 1.2 | 6.7 | 9.2 | 351.4% |
| Others | N/A | 10.5 | N/A | 0.5 | -78.2% |
| Total | 0.1 | 13.5 | 6.7 | 47.9 | 682.4% |
Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Panama in 2022:
- Jamaica (4.4 tons)
- Costa Rica (1.1 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
