Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Sudan - 2022

Contents:

1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Sudan (CIF) - 2022
2. Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Sudan

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Sudan (CIF) - 2022

In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $2,163 per ton, rising by 2% against the previous year. Over the period under review, the import price saw temperate growth. The growth pace was the most rapid in 2021 when the average import price increased by 124% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,411 per ton), while the price for Turkey amounted to $1,155 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Sudan

In 2022, overseas purchases of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s were finally on the rise to reach 154 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a perceptible downturn.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $333K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Sudan in 2022:

1. Turkey (95.5 tons)
2. China (56.7 tons)