Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Angola - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Angola (CIF) - 2022
- Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Angola (FOB) - 2022
- Imports of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Angola
- Exports of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Angola
Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Angola (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia amounted to $3,555 per ton, picking up by 48% against the previous year. Overall, the import price saw buoyant growth. The pace of growth was the most pronounced in 2014 an increase of 155%. As a result, import price attained the peak level of $3,692 per ton. From 2015 to 2022, the average import prices remained 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 the United States ($36,613 per ton), while the price for China ($1,708 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Angola (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia amounted to $681 per ton, reducing by -28.4% against the previous year. Over the period under review, the export price showed a sharp slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 29%. Over the period under review, the average export prices reached the maximum at $3,300 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2015 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -19.6% per year.
Imports of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Angola
In 2022, purchases abroad of iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia was finally on the rise to reach 1.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia skyrocketed to $5M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 492 | 300 | 61.9 | 1,732 | 52.1% |
| China | 536 | 126 | 40.4 | 1,259 | 32.9% |
| Brazil | 646 | 289 | 202 | 733 | 4.3% |
| Portugal | 327 | 243 | 54.8 | 610 | 23.1% |
| Spain | 24.7 | 4.5 | 0.1 | 363 | 144.9% |
| United Kingdom | 10.1 | 5.2 | 4.0 | 123 | 130.1% |
| Sweden | 35.2 | 45.6 | 51.9 | N/A | 21.4% |
| Singapore | 447 | 437 | 282 | N/A | -20.6% |
| Others | 207 | 197 | 149 | 147 | -10.8% |
| Total | 2,725 | 1,648 | 845 | 4,967 | 22.2% |
Top Suppliers of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section to Angola in 2022:
- China (737.2 tons)
- Portugal (292.5 tons)
- Brazil (168.8 tons)
- Spain (91.0 tons)
- United States (47.3 tons)
- United Kingdom (26.3 tons)
Exports of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Angola
In 2022, after three years of growth, there was significant decline in overseas shipments of iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia, when their volume decreased by -76.3% to 37 tons. Over the period under review, exports saw a perceptible downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 290%.
In value terms, exports of iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia fell sharply to $25K in 2022. In general, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 402% against the previous year. As a result, the exports reached the peak of $188K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 26.5 | 187 | 145 | 25.5 | -1.3% |
| Portugal | 10.3 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 1.4 | 5.1 | N/A | 169.9% |
| Total | 37.4 | 188 | 150 | 25.5 | -12.0% |
Top Export Markets for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section from Angola in 2022:
- Democratic Republic of the Congo (37.4 tons)
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