Price for Steel, Alloy; Angles, Shapes and Sections in New Zealand - 2024
Contents:
- Price for Steel, Alloy; Angles, Shapes and Sections in New Zealand (CIF) - 2022
- Price for Steel, Alloy; Angles, Shapes and Sections in New Zealand (FOB) - 2022
- Imports of Steel, Alloy; Angles, Shapes and Sections in New Zealand
- Exports of Steel, Alloy; Angles, Shapes and Sections in New Zealand
Price for Steel, Alloy; Angles, Shapes and Sections in New Zealand (CIF) - 2022
In 2022, the average import price for steel, alloy; angles, shapes and sectionses amounted to $3,077 per ton, growing by 49% against the previous year. In general, the import price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of 70% against the previous year. The import price peaked at $4,212 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($8,360 per ton), while the price for China ($2,163 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Angles, Shapes and Sections in New Zealand (FOB) - 2022
In 2022, the average export price for steel, alloy; angles, shapes and sectionses amounted to $3,623 per ton, increasing by 98% against the previous year. In general, the export price, however, showed a pronounced reduction. Over the period under review, the average export prices attained the peak figure at $6,622 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was French Polynesia ($5,577 per ton), while the average price for exports to Fiji totaled $2,814 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+11.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Alloy; Angles, Shapes and Sections in New Zealand
In 2022, supplies from abroad of steel, alloy; angles, shapes and sectionses decreased by -31.9% to 178 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,150%. As a result, imports reached the peak of 538 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, alloy; angles, shapes and sectionses totaled $547K in 2022. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 322%. As a result, imports attained the peak of $655K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Steel, Alloy; Angles, Shapes and Sections in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 213 | 488 | 464 | 47.6% |
| China | 67.7 | 13.2 | 17.9 | 23.4 | -29.8% |
| United Kingdom | N/A | 0.2 | 0.1 | 20.3 | 907.5% |
| Japan | 66.3 | 27.3 | 14.5 | N/A | -53.2% |
| Indonesia | N/A | 387 | N/A | N/A | 0% |
| Others | 21.1 | 13.7 | 19.3 | 39.0 | 22.7% |
| Total | 155 | 655 | 540 | 547 | 52.2% |
Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to New Zealand in 2022:
- Italy (160.6 tons)
- China (10.8 tons)
- United Kingdom (4.6 tons)
Exports of Steel, Alloy; Angles, Shapes and Sections in New Zealand
In 2022, after three years of growth, there was significant decline in overseas shipments of steel, alloy; angles, shapes and sectionses, when their volume decreased by -68.5% to 17 tons. Over the period under review, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by 157% against the previous year.
In value terms, exports of steel, alloy; angles, shapes and sectionses fell remarkably to $61K in 2022. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 157%.
| Export of Steel, Alloy; Angles, Shapes and Sections in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 12.0 | 35.8 | 41.3 | 33.4 | 40.7% |
| French Polynesia | N/A | N/A | 30.6 | 27.4 | -10.5% |
| Samoa | 9.2 | 22.3 | 24.3 | N/A | 62.5% |
| Others | 3.3 | 4.7 | 1.2 | N/A | -39.7% |
| Total | 24.5 | 62.8 | 97.5 | 60.9 | 35.5% |
Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from New Zealand in 2022:
- Fiji (11.9 tons)
- French Polynesia (4.9 tons)
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