Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Indonesia - 2022
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Indonesia (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Indonesia (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Indonesia
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Indonesia
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Indonesia (CIF) - 2022
The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $4,500 per ton in 2022, increasing by 2.5% against the previous year. Overall, the import price, however, recorded a deep downturn. The growth pace was the most rapid in 2020 when the average import price increased by 22% against the previous year. Over the period under review, average import prices attained the peak figure at $8,026 per ton in 2013; however, from 2014 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 Spain ($23,659 per ton), while the price for Taiwan (Chinese) ($2,784 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Indonesia (FOB) - 2022
In 2022, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $1,953 per ton, growing by 37% against the previous year. Overall, the export price, however, faced a deep reduction. The export price peaked at $8,725 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($3,731 per ton), while the average price for exports to Singapore stood at $1,830 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Indonesia
In 2022, after two years of decline, there was significant growth in purchases abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia, when their volume increased by 85% to 3.2K tons. In general, imports continue to indicate significant 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; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $14M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 2.8 | 4.2 | 6.8 | 32.9% |
| Germany | 0.1 | 0.4 | 0.9 | 2.4 | 188.4% |
| Singapore | 1.1 | 0.9 | 1.2 | 2.4 | 29.7% |
| Spain | 0.1 | 1.0 | 0.2 | 1.6 | 152.0% |
| South Korea | 0.2 | 0.5 | 0.4 | 0.6 | 44.2% |
| Japan | 1.4 | 1.4 | 0.5 | 0.5 | -29.1% |
| Taiwan (Chinese) | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
| Others | 0.5 | 0.6 | 0.2 | 0.1 | -41.5% |
| Total | 6.6 | 7.7 | 7.6 | 14.4 | 29.7% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Indonesia in 2022:
- China (1519.5 tons)
- Germany (755.4 tons)
- Singapore (699.0 tons)
- Spain (65.8 tons)
- South Korea (52.5 tons)
- Japan (47.7 tons)
- Taiwan (Chinese) (44.2 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Indonesia
After three years of growth, overseas shipments of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -4.7% to 858 tons in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,374%. As a result, the exports reached the peak of 901 tons, and then declined modestly in the following year.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia soared to $1.7M in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 561%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 98.9 | 103 | 21.2 | 1,546 | 150.0% |
| China | N/A | 81.6 | 86.5 | 2.4 | -82.9% |
| Argentina | N/A | N/A | 157 | N/A | 0% |
| United Kingdom | N/A | N/A | 863 | N/A | 0% |
| Others | 19.3 | 8.8 | 154 | 128 | 87.9% |
| Total | 118 | 194 | 1,282 | 1,676 | 142.2% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Indonesia in 2022:
- Singapore (844.6 tons)
- China (0.6 tons)
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