Price for Steel, Alloy; Semi-Finished Products in the United Arab Emirates - 2021
Contents:
- Price for Steel, Alloy; Semi-Finished Products in the United Arab Emirates (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in the United Arab Emirates (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in the United Arab Emirates
- Exports of Steel, Alloy; Semi-Finished Products in the United Arab Emirates
Price for Steel, Alloy; Semi-Finished Products in the United Arab Emirates (CIF) - 2022
In 2022, the average steel, alloy; semi-finished products import price amounted to $1,007 per ton, reducing by -15.7% against the previous year. Over the period under review, the import price showed a noticeable slump. The pace of growth appeared the most rapid in 2015 an increase of 67%. The import price peaked at $3,182 per ton in 2017; however, from 2018 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 Ukraine ($1,964 per ton), while the price for Turkey totaled $994 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+3.1%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Alloy; Semi-Finished Products in the United Arab Emirates (FOB) - 2022
In 2022, the average steel, alloy; semi-finished products export price amounted to $444 per ton, growing by 8.4% against the previous year. Overall, the export price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 22%. The export price peaked at $2,415 per ton in 2012; however, from 2013 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 Malaysia ($3,263 per ton), while the average price for exports to Gambia ($113 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 (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Alloy; Semi-Finished Products in the United Arab Emirates
In 2022, steel, alloy; semi-finished products imports into the United Arab Emirates skyrocketed to 2.5K tons, rising by 23% against the previous year. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 69% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, steel, alloy; semi-finished products imports amounted to $2.5M in 2022. The total import value increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, imports attained the peak of $2.6M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Steel, Alloy; Semi-Finished Products in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.9 | 2.5 | 2.3 | 2.4 | 8.1% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 1.9 | 2.6 | 2.4 | 2.5 | 9.6% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to the United Arab Emirates in 2022:
- Turkey (2.4K tons)
Exports of Steel, Alloy; Semi-Finished Products in the United Arab Emirates
In 2022, steel, alloy; semi-finished products exports from the United Arab Emirates shrank to 746 tons, dropping by -7.5% on 2021 figures. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 29%.
In value terms, steel, alloy; semi-finished products exports totaled $331K in 2022. Overall, exports faced a significant curtailment.
| Export of Steel, Alloy; Semi-Finished Products in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 456 | 134 | 162 | 151 | -30.8% |
| Uganda | 364 | 107 | 129 | 121 | -30.7% |
| Gambia | 42.9 | 17.6 | 2.9 | 8.1 | -42.6% |
| India | 13.4 | 2.9 | 2.6 | 1.8 | -48.8% |
| Others | 499 | 71.5 | 33.9 | 49.6 | -53.7% |
| Total | 1,375 | 332 | 331 | 331 | -37.8% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from the United Arab Emirates in 2022:
- Uganda (365.0 tons)
- Kuwait (276.4 tons)
- Gambia (71.7 tons)
- India (12.1 tons)
564
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in the United Arab Emirates.
4692
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
217
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.
2371
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
766
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
1075
In value terms, ferro-cerium and other pyrophoric alloys exports totaled $X in 2016. In general, ferro-cerium and other pyrophoric alloys exports continue to indicate a relatively flat trend patter...
806
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
767
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
