Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Sri Lanka - 2022

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Sri Lanka (CIF) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Sri Lanka (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Sri Lanka
4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Sri Lanka

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Sri Lanka (CIF) - 2022

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,069 per ton in 2022, surging by 49% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 53%. Over the period under review, average import prices attained the peak figure at $2,219 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($3,466 per ton), while the price for China ($1,009 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.1%), 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 Sri Lanka (FOB) - 2022

In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,032 per ton, growing by 13% against the previous year. Overall, the export price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2013 an increase of 138%. As a result, the export price attained the peak level of $3,884 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($995 per ton), while the average price for exports to Malaysia amounted to $795 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+41.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Sri Lanka

In 2022, purchases abroad of alloy steel flat-rolled products, of a width of less than 600mms decreased by -71.8% to 1.6K tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 239% against the previous year. As a result, imports attained the peak of 9.2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms contracted sharply to $3.2M in 2022. Over the period under review, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 87%. As a result, imports reached the peak of $8.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Sri Lanka in 2022:

1. India (391.7 tons)
2. Poland (282.0 tons)
3. United Arab Emirates (184.6 tons)
4. Vietnam (157.8 tons)
5. Singapore (137.3 tons)
6. South Korea (90.7 tons)
7. Hong Kong SAR (88.4 tons)
8. France (56.6 tons)
9. United Kingdom (55.2 tons)
10. China (54.7 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Sri Lanka

In 2022, after three years of growth, there was significant decline in overseas shipments of alloy steel flat-rolled products, of a width of less than 600mms, when their volume decreased by -15.1% to 1K tons. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,966%. As a result, the exports reached the peak of 1.2K tons, and then dropped dramatically in the following year.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms declined to $1.1M in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 3,898%. As a result, the exports reached the peak of $1.1M, and then contracted slightly in the following year.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Sri Lanka in 2022:

1. India (898.2 tons)
2. Malaysia (121.5 tons)

Source: IndexBox Market Intelligence Platform