Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Pakistan - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Pakistan (FOB) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Pakistan (CIF) - 2022
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Pakistan
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Pakistan
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Pakistan (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $148,033 per ton in 2022, increasing by 611% against the previous year. In general, the export price posted a strong expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 5,739%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +261.0% per year.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Pakistan (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $1,400 per ton, waning by -7.9% against the previous year. In general, the import price, however, posted a slight increase. The pace of growth was the most pronounced in 2020 an increase of 238%. As a result, import price attained the peak level of $1,836 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($1,502 per ton), while the price for China ($470 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Pakistan
In 2022, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Pakistan shrank markedly to 151 kg, waning by -87.3% on 2021. In general, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia fell to $22K in 2022. Overall, exports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 when exports increased by 51% against the previous year.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 15.6 | N/A | 12.4 | 22.4 | 12.8% |
| Germany | N/A | 1.8 | N/A | N/A | 0% |
| Sweden | 0.3 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | 8.6 | 10.1 | N/A | 17.4% |
| Indonesia | 8.3 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | N/A | N/A | 2.2 | N/A | 0% |
| Netherlands | N/A | 5.5 | N/A | N/A | 0% |
| Others | 1.1 | 0.5 | N/A | N/A | -54.5% |
| Total | 25.4 | 16.4 | 24.7 | 22.4 | -4.1% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Pakistan in 2022:
- Brazil (151.0 kg)
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Pakistan
In 2022, approx. 6.3 tons of steel, stainless; semi-finished products, other than of rectangular cross-sectia were imported into Pakistan; waning by -31.9% against 2021 figures. In general, imports recorded a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 820% against the previous year.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia reduced notably to $8.8K in 2022. Over the period under review, imports saw a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 662%.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | 3.8 | 7.5 | 97.4% |
| United States | N/A | N/A | N/A | 1.1 | 0% |
| China | 28.3 | N/A | 1.0 | 0.1 | -84.8% |
| Hong Kong SAR | N/A | N/A | 9.2 | N/A | 0% |
| Others | N/A | 1.8 | N/A | N/A | 0% |
| Total | 28.3 | 1.8 | 14.0 | 8.8 | -32.3% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Pakistan in 2022:
- South Korea (5.0 tons)
- United States (1.0 tons)
- China (0.3 tons)
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