Production of Iron and Non-Alloy Steel in Ingot in the United Arab Emirates - 2022
Iron and Non-Alloy Steel in Ingot Production in the United Arab Emirates - 2022
After two years of growth, production of iron and non-alloy steel in ingots decreased by -4.6% to 2.9M tons in 2022. The total output volume increased at an average annual rate of +2.5% over the period from 2020 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year. As a result, production attained the peak volume of 3M tons, and then shrank modestly in the following year.
In value terms, production of iron and non-alloy steel in ingots fell dramatically to $4.4B in 2022 estimated in export price. Overall, the total production indicated temperate growth from 2020 to 2022: its value increased at an average annual rate of +2.1% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by 48% against the previous year. As a result, production attained the peak level of $6.3B, and then fell significantly in the following year.
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in the United Arab Emirates.
This report provides an in-depth analysis of the non-alloy steel ingot market in the United Arab Emirates.
This report provides an in-depth analysis of the iron and steel market in the United Arab Emirates.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Global Non-Alloy Steel Ingot Market Report 2018. This report provides an in-depth analysis of the global non-alloy steel ingot market.
This report provides an in-depth analysis of the global iron and steel market.
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in the United Arab Emirates.
This report provides an in-depth analysis of the non-alloy steel ingot market in the United Arab Emirates.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Global Non-Alloy Steel Ingot Market Report 2018. This report provides an in-depth analysis of the global non-alloy steel ingot market.
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