Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Pakistan - 2023
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Pakistan (CIF) - 2023
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Pakistan (FOB) - 2022
- Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Pakistan
- Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Pakistan
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Pakistan (CIF) - 2023
The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $1,173 per ton in April 2023, surging by 2.4% against the previous month. Over the last eight months, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 12% m-o-m. Over the period under review, average import prices reached the peak figure at $1,377 per ton in January 2023; however, from February 2023 to April 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In April 2023, the country with the highest price was China ($1,236 per ton), while the price for Germany amounted to $1,093 per ton.
From August 2022 to April 2023, the most notable rate of growth in terms of prices was attained by South Korea (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Pakistan (FOB) - 2022
In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,694 per ton, surging by 58% against the previous year. In general, the export price enjoyed a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to +16.5% per year.
Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Pakistan
In 2022, supplies from abroad of alloy steel flat-rolled products, of a width of less than 600mms was finally on the rise to reach 17K tons after two years of decline. In general, imports, however, showed a sharp reduction.
In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms surged to $20M in 2022. Over the period under review, imports, however, recorded a precipitous curtailment.
| Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.0 | 16.7 | 0.3 | 5.9 | -43.7% |
| Germany | 0.7 | 1.8 | 0.3 | 2.2 | 46.5% |
| Taiwan (Chinese) | 1.0 | N/A | 0.9 | 1.1 | 3.2% |
| Japan | 1.2 | N/A | N/A | 0.9 | -9.1% |
| South Korea | 0.8 | 0.3 | N/A | 0.4 | -20.6% |
| United Arab Emirates | N/A | N/A | 1.0 | 0.3 | -70.0% |
| Sweden | 0.1 | 0.3 | 0.5 | 0.2 | 26.0% |
| Others | 1.7 | 1.0 | 3.7 | 8.7 | 72.3% |
| Total | 38.5 | 20.1 | 6.7 | 19.6 | -20.2% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Pakistan in 2022:
- China (5.0K tons)
- Germany (1.7K tons)
- Taiwan (Chinese) (1.0K tons)
- Japan (0.8K tons)
- Sweden (0.3K tons)
- South Korea (0.3K tons)
- United Arab Emirates (0.2K tons)
Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Pakistan
In 2022, shipments abroad of alloy steel flat-rolled products, of a width of less than 600mms decreased by -20.2% to 92 tons, falling for the second year in a row after two years of growth. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 559% against the previous year. As a result, the exports attained the peak of 191 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms surged to $155K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 622% against the previous year. As a result, the exports attained the peak of $204K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 28.2 | 204 | 123 | 155 | 76.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.2 | 204 | 123 | 155 | 76.5% |
Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Pakistan in 2022:
- United States (91.8 tons)
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