Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Angola - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Angola (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Angola (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Angola
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Angola
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Angola (CIF) - 2022
The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $1,709 per ton in 2022, dropping by -9.9% against the previous year. Overall, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 88% against the previous year. Over the period under review, average import prices attained the maximum at $5,874 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Portugal ($3,756 per ton), while the price for Brazil ($601 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Angola (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $898 per ton in 2022, declining by -10.2% against the previous year. Overall, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 63% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,607 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2015 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -10.2% per year.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Angola
In 2022, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia into Angola soared to 34 tons, picking up by 27% compared with the previous year. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 518%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $58K in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 163%.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 0.9 | 2.5 | 7.8 | 40.9 | 256.9% |
| Brazil | 2.4 | 1.3 | 5.0 | 13.2 | 76.5% |
| United States | 0.2 | 0.1 | 0.2 | 2.4 | 128.9% |
| Spain | 32.9 | 9.0 | 8.5 | N/A | -49.2% |
| China | 1.5 | 0.4 | 0.4 | N/A | -48.4% |
| United Arab Emirates | 0.8 | 0.5 | 1.7 | N/A | 45.8% |
| South Africa | 12.1 | 0.9 | 2.4 | N/A | -55.5% |
| Bolivia | N/A | N/A | 0.6 | N/A | 0% |
| Canada | 0.5 | 0.5 | 6.1 | N/A | 249.3% |
| Others | 6.7 | 3.9 | 17.7 | 1.0 | -47.0% |
| Total | 57.9 | 19.2 | 50.4 | 57.6 | -0.2% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Angola in 2022:
- Brazil (22.0 tons)
- Portugal (10.9 tons)
- United States (0.7 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Angola
In 2022, shipments abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia was finally on the rise to reach 217 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a significant decline.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $195K in 2022. Over the period under review, exports, however, saw a dramatic setback.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 459 | 390 | N/A | 195 | -24.8% |
| Others | 0.4 | 0.1 | N/A | 0.1 | -37.0% |
| Total | 459 | 390 | N/A | 195 | -24.8% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Angola in 2022:
- Democratic Republic of the Congo (217.3 tons)
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