Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Australia - 2024
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Australia (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Australia (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Australia
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Australia
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Australia (CIF) - 2022
The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $5,266 per ton in 2022, dropping by -13.9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. The import price peaked at $7,455 per ton in 2016; however, from 2017 to 2022, 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 China ($12,379 per ton), while the price for the United States stood at $4,232 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+37.6%), 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 Australia (FOB) - 2022
In 2022, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $5,741 per ton, declining by -19.5% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 157% against the previous year. Over the period under review, the average export prices reached the peak figure at $16,199 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($16,575 per ton), while the average price for exports to Papua New Guinea ($4,426 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 Singapore (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Australia
In 2022, the amount of steel, stainless; semi-finished products, other than of rectangular cross-sectia imported into Australia soared to 60 tons, increasing by 62% on the previous year's figure. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 235% against the previous year. As a result, imports reached the peak of 61 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $318K in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 197% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.9 | 5.8 | 38.9 | 228 | 106.5% |
| China | 30.2 | 31.9 | 48.6 | 68.3 | 31.3% |
| Italy | 18.6 | 215 | 110 | N/A | 143.2% |
| Others | 17.7 | 22.4 | 29.1 | 21.4 | 6.5% |
| Total | 92.4 | 275 | 227 | 318 | 51.0% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Australia in 2022:
- United States (53.9 tons)
- China (5.5 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Australia
In 2022, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Australia declined significantly to 42 tons, which is down by -33.7% against the previous year. In general, exports faced a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia reduced dramatically to $241K in 2022. Over the period under review, exports faced a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 239%.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 67.4 | 67.2 | 175 | 134 | 25.7% |
| New Zealand | 180 | 33.7 | 105 | 68.9 | -27.4% |
| Vanuatu | N/A | N/A | N/A | 7.8 | 0% |
| Fiji | N/A | N/A | 73.6 | 2.7 | -96.3% |
| United Kingdom | N/A | N/A | 3.8 | N/A | 0% |
| United Arab Emirates | 23.4 | 27.0 | N/A | N/A | 15.4% |
| Others | 208 | 5.5 | 94.4 | 28.1 | -48.7% |
| Total | 479 | 133 | 452 | 241 | -20.5% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Australia in 2022:
- Papua New Guinea (30.2 tons)
- New Zealand (9.6 tons)
- Vanuatu (0.8 tons)
- Fiji (0.3 tons)
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