Price for Wire of Other Alloy Steel in Angola - 2022
Contents:
- Price for Wire of Other Alloy Steel in Angola (CIF) - 2022
- Price for Wire of Other Alloy Steel in Angola (FOB) - 2022
- Imports of Wire of Other Alloy Steel in Angola
- Exports of Wire of Other Alloy Steel in Angola
Price for Wire of Other Alloy Steel in Angola (CIF) - 2022
The average import price for wire of other alloy steels stood at $812 per ton in 2022, waning by -5.2% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 an increase of 45%. Over the period under review, average import prices attained the peak figure at $2,824 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($7,940 per ton), while the price for Romania ($180 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wire of Other Alloy Steel in Angola (FOB) - 2022
In 2022, the average export price for wire of other alloy steels amounted to $1,832 per ton, stabilizing at the previous year. Overall, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 641%. As a result, the export price reached the peak level of $2,790 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2016 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +31.0% per year.
Imports of Wire of Other Alloy Steel in Angola
In 2022, approx. 126 tons of wire of other alloy steels were imported into Angola; rising by 20% compared with the previous year's figure. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 167% against the previous year. As a result, imports attained the peak of 172 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, wire of other alloy steel imports expanded markedly to $102K in 2022. In general, imports, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2020 with an increase of 109% against the previous year. As a result, imports attained the peak of $229K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Wire of Other Alloy Steel in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.6 | 8.0 | 2.7 | 40.3 | 123.7% |
| Romania | N/A | N/A | 0.9 | 12.9 | 1333.3% |
| Poland | N/A | N/A | N/A | 7.9 | 0% |
| Turkey | 69.5 | 147 | 62.9 | N/A | -4.9% |
| Others | 36.4 | 73.6 | 23.0 | 40.9 | 4.0% |
| Total | 110 | 229 | 89.5 | 102 | -2.5% |
Top Suppliers of Wire of Other Alloy Steel to Angola in 2022:
- Romania (71.6 tons)
- China (40.2 tons)
- Poland (8.2 tons)
Exports of Wire of Other Alloy Steel in Angola
Wire of other alloy steel exports from Angola was estimated at 500 kg in 2022, approximately equating the year before. Overall, exports posted a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, wire of other alloy steel exports totaled $916 in 2022. In general, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Wire of Other Alloy Steel in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Kingdom | N/A | N/A | 916 | 0% | |
| Democratic Republic of the Congo | 63.0 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 63.0 | N/A | 916 | 281.3% | |
Top Export Markets for Wire of Other Alloy Steel from Angola in 2022:
- United Kingdom (500.0 kg)
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