Price for Hot-Rolled Wire Rod in Coils in Sudan - 2022
Contents:
- Price for Hot-Rolled Wire Rod in Coils in Sudan (CIF) - 2022
- Imports of Hot-Rolled Wire Rod in Coils in Sudan
Price for Hot-Rolled Wire Rod in Coils in Sudan (CIF) - 2022
The average import price for hot-rolled wire rods in coils stood at $819 per ton in 2022, jumping by 18% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 19%. Over the period under review, average import prices attained the peak figure at $843 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
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 Egypt ($1,036 per ton), while the price for China ($622 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Hot-Rolled Wire Rod in Coils in Sudan
In 2022, hot-rolled wire rod in coils imports into Sudan fell dramatically to 7.4K tons, dropping by -40.1% on the previous year. In general, imports saw a dramatic descent. The smallest decline of -13.1% was in 2021.
In value terms, hot-rolled wire rod in coils imports shrank notably to $6.1M in 2022. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 3.6%.
| Import of Hot-Rolled Wire Rod in Coils in Sudan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 5.2 | 3.4 | 4.9 | 3.5 | -12.4% |
| China | 2.5 | 1.1 | 0.5 | 2.0 | -7.2% |
| Turkey | 0.4 | 0.3 | 0.5 | 0.4 | 0.0% |
| India | 1.3 | 0.2 | 0.2 | 0.2 | -46.4% |
| Russia | N/A | 3.1 | 2.5 | N/A | -19.4% |
| Others | 0.7 | 0.2 | N/A | N/A | -71.4% |
| Total | 10.0 | 8.3 | 8.6 | 6.1 | -15.2% |
Top Suppliers of Hot-Rolled Wire Rod in Coils to Sudan in 2022:
- Egypt (3.4K tons)
- China (3.2K tons)
- Turkey (0.5K tons)
- India (0.3K tons)
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