Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sudan - 2022
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sudan (CIF) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sudan
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sudan (CIF) - 2022
The average import price for stainless steel; flat-rolled products of width less than 600mms stood at $3,174 per ton in 2022, growing by 45% against the previous year. Overall, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 120%. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($12,145 per ton), while the price for Egypt ($1,390 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sudan
After two years of decline, purchases abroad of stainless steel; flat-rolled products of width less than 600mms increased by 175% to 221 tons in 2022. Overall, imports, however, saw a abrupt descent.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms soared to $701K in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 89.7 | 5.8 | 28.1 | 347 | 57.0% |
| Egypt | 211 | 89.3 | 111 | 222 | 1.7% |
| Turkey | 6.1 | 20.6 | 23.6 | 104 | 157.4% |
| Lebanon | 11.2 | 3.9 | 4.3 | 7.6 | -12.1% |
| Others | 3.0 | 4.4 | 9.8 | 20.4 | 89.5% |
| Total | 321 | 124 | 176 | 701 | 29.7% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Sudan in 2022:
- Egypt (159.7 tons)
- Turkey (29.9 tons)
- China (28.6 tons)
- Lebanon (2.3 tons)
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