Price for Steel, Alloy; Semi-Finished Products in Thailand - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Thailand (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Thailand (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Thailand
- Exports of Steel, Alloy; Semi-Finished Products in Thailand
Price for Steel, Alloy; Semi-Finished Products in Thailand (CIF) - 2022
In 2022, the average steel, alloy; semi-finished products import price amounted to $562 per ton, dropping by -19.6% against the previous year. Over the period under review, the import price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 57%. The import price peaked at $840 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 China ($2,123 per ton), while the price for Taiwan (Chinese) ($441 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Alloy; Semi-Finished Products in Thailand (FOB) - 2022
In 2022, the average steel, alloy; semi-finished products export price amounted to $6,403 per ton, growing by 49% against the previous year. In general, the export price recorded a resilient expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 149% against the previous year. The export price peaked at $6,979 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($29,254 per ton), while the average price for exports to China ($4,119 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+31.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Alloy; Semi-Finished Products in Thailand
In 2022, the amount of steel, alloy; semi-finished productses imported into Thailand soared to 57K tons, jumping by 48% on 2021. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 1,141% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, steel, alloy; semi-finished products imports surged to $32M in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 1,348%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Steel, Alloy; Semi-Finished Products in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 4.2 | 1.4 | 13.5 | 30.4 | 93.4% |
Taiwan (Chinese) | N/A | N/A | N/A | 1.0 | 0% |
Others | 0.3 | 0.5 | 13.5 | 0.7 | 32.6% |
Total | 4.5 | 1.9 | 27.0 | 32.1 | 92.5% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Thailand in 2022:
- Russia (54.6K tons)
- Taiwan (Chinese) (2.3K tons)
Exports of Steel, Alloy; Semi-Finished Products in Thailand
In 2022, approx. 72 tons of steel, alloy; semi-finished productses were exported from Thailand; declining by -97.6% against the year before. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 2,797%. As a result, the exports reached the peak of 3K tons, and then dropped rapidly in the following year.
In value terms, steel, alloy; semi-finished products exports plummeted to $461K in 2022. In general, exports, however, showed a moderate expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,298%. As a result, the exports reached the peak of $13M, and then contracted notably in the following year.
Export of Steel, Alloy; Semi-Finished Products in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.4 | 0.4 | 6.3 | 0.3 | -9.1% |
Malaysia | N/A | N/A | N/A | 0.1 | 0% |
Belgium | N/A | N/A | N/A | 0.1 | 0% |
Hong Kong SAR | N/A | N/A | 6.7 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.4 | 0.4 | 13.0 | 0.5 | 7.7% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Thailand in 2022:
- China (62.6 tons)
- Malaysia (5.1 tons)
- Belgium (4.3 tons)
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Thailand.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
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