Price for Steel, Stainless; Angles, Shapes and Sections in Indonesia - 2022
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Indonesia (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Indonesia (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Indonesia
- Exports of Steel, Stainless; Angles, Shapes and Sections in Indonesia
Price for Steel, Stainless; Angles, Shapes and Sections in Indonesia (CIF) - 2022
The average import price for steel, stainless stood at $3,618 per ton in 2022, with an increase of 7.8% against the previous year. In general, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $3,653 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,118 per ton), while the price for Singapore ($1,491 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Angles, Shapes and Sections in Indonesia (FOB) - 2022
In 2022, the average export price for steel, stainless amounted to $3,228 per ton, reducing by -6.8% against the previous year. In general, the export price, however, continues to indicate a slight expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 53% against the previous year. As a result, the export price reached the peak level of $3,701 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($5,103 per ton), while the average price for exports to Timor-Leste ($522 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 Peru (+44.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Angles, Shapes and Sections in Indonesia
In 2022, imports of steel, stainless into Indonesia soared to 6.3K tons, increasing by 79% compared with 2021 figures. Overall, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless skyrocketed to $18M in 2022. Over the period under review, imports showed buoyant growth. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
Import of Steel, Stainless; Angles, Shapes and Sections in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.3 | 4.3 | 8.8 | 10.6 | 18.9% |
Singapore | 1.0 | 0.9 | 0.4 | 3.9 | 57.4% |
India | 2.0 | 0.6 | 1.0 | 2.1 | 1.6% |
Taiwan (Chinese) | 0.9 | 0.4 | 1.1 | 0.9 | 0.0% |
Others | 0.7 | 0.4 | 0.6 | 0.4 | -17.0% |
Total | 11.0 | 6.6 | 11.8 | 17.9 | 17.6% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Indonesia in 2022:
- Singapore (2.6K tons)
- China (2.6K tons)
- India (0.8K tons)
- Taiwan (Chinese) (0.3K tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Indonesia
In 2022, the amount of steel, stainless exported from Indonesia fell markedly to 133 tons, waning by -58.8% against 2021 figures. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,074% against the previous year. As a result, the exports attained the peak of 323 tons, and then declined significantly in the following year.
In value terms, exports of steel, stainless dropped notably to $429K in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 981% against the previous year. As a result, the exports attained the peak of $1.1M, and then shrank significantly in the following year.
Export of Steel, Stainless; Angles, Shapes and Sections in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritania | N/A | N/A | N/A | 168 | 0% |
Singapore | 4.9 | N/A | 3.3 | 110 | 182.1% |
Turkey | N/A | N/A | N/A | 72.6 | 0% |
Tunisia | N/A | N/A | N/A | 32.2 | 0% |
United Kingdom | 1.8 | 6.9 | 3.4 | 23.2 | 134.5% |
Timor-Leste | 15.0 | N/A | 0.5 | 4.7 | -32.1% |
Malaysia | N/A | 2.0 | 1,085 | N/A | 54150.0% |
Taiwan (Chinese) | 23.6 | N/A | N/A | N/A | 0% |
Australia | N/A | 59.1 | N/A | N/A | 0% |
Others | 82.3 | 35.3 | 25.2 | 18.5 | -39.2% |
Total | 127 | 103 | 1,117 | 429 | 50.0% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Indonesia in 2022:
- Mauritania (62.2 tons)
- Singapore (31.2 tons)
- Turkey (14.2 tons)
- Timor-Leste (9.0 tons)
- Tunisia (6.6 tons)
- United Kingdom (5.7 tons)
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