Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Thailand - 2024
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Thailand (FOB) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Thailand (CIF) - 2022
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Thailand
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Thailand
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Thailand (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $10,627 per ton in 2022, with an increase of 6.3% against the previous year. In general, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2015 an increase of 210% against the previous year. As a result, the export price reached the peak level of $15,769 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($25,987 per ton), while the average price for exports to Myanmar ($1,292 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 Malaysia (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Thailand (CIF) - 2022
The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $13,394 per ton in 2022, falling by -17% against the previous year. In general, the import price showed a perceptible shrinkage. The growth pace was the most rapid in 2013 an increase of 123% against the previous year. As a result, import price attained the peak level of $45,364 per ton. From 2014 to 2022, the average 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 Japan ($40,298 per ton), while the price for Taiwan (Chinese) ($1,611 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Thailand
In 2022, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Thailand soared to 51 tons, rising by 22% against the previous year. Overall, total exports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.8% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 38%. As a result, the exports reached the peak of 63 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia soared to $540K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 216 | 96.7 | 258 | 332 | 15.4% |
| Cambodia | 153 | N/A | N/A | 141 | -2.7% |
| Myanmar | 14.7 | 7.6 | 23.8 | 16.2 | 3.3% |
| China | 1.1 | 0.9 | 8.6 | 12.3 | 123.6% |
| United States | 0.5 | 365 | 32.3 | 12.1 | 189.2% |
| Lao People's Democratic Republic | 87.5 | 1.8 | 1.4 | 6.1 | -58.8% |
| Taiwan (Chinese) | 47.6 | 39.6 | 44.3 | N/A | -3.5% |
| Others | 30.2 | 71.2 | 49.0 | 19.7 | -13.3% |
| Total | 551 | 583 | 417 | 540 | -0.7% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Thailand in 2022:
- Cambodia (20.2 tons)
- Malaysia (12.8 tons)
- Myanmar (12.5 tons)
- China (1.6 tons)
- Lao People's Democratic Republic (1.5 tons)
- United States (1.5 tons)
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Thailand
In 2022, after three years of growth, there was significant decline in purchases abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia, when their volume decreased by -28.5% to 8.1 tons. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 14%.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia dropped rapidly to $109K in 2022. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 46.6 | 38.2 | 77.3 | 63.5 | 10.9% |
| Malaysia | 6.9 | 22.4 | 27.3 | 12.9 | 23.2% |
| Singapore | N/A | N/A | 0.4 | 7.5 | 1775.0% |
| United States | 118 | 21.6 | 41.2 | 6.8 | -61.4% |
| China | 13.5 | 29.9 | 31.6 | 5.2 | -27.2% |
| Taiwan (Chinese) | 3.2 | 4.1 | 1.5 | 1.9 | -16.0% |
| Others | 0.2 | 14.0 | 4.3 | 11.2 | 282.6% |
| Total | 188 | 130 | 184 | 109 | -16.6% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Thailand in 2022:
- Malaysia (2.7 tons)
- Japan (1.6 tons)
- Taiwan (Chinese) (1.2 tons)
- Singapore (1.2 tons)
- China (1.0 tons)
- United States (0.1 tons)
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