Price for Stainless Steel in Ingots or Other Primary Forms in Tunisia - 2022

Contents:

  1. Price for Stainless Steel in Ingots or Other Primary Forms in Tunisia (CIF) - 2022
  2. Price for Stainless Steel in Ingots or Other Primary Forms in Tunisia (FOB) - 2022
  3. Imports of Stainless Steel in Ingots or Other Primary Forms in Tunisia
  4. Exports of Stainless Steel in Ingots or Other Primary Forms in Tunisia

Price for Stainless Steel in Ingots or Other Primary Forms in Tunisia (CIF) - 2022

The average import price for stainless steel in ingots or other primary forms stood at $5,701 per ton in December 2022, with a decrease of -47.3% against the previous month. In general, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 31% against the previous month. The import price peaked at $13,615 per ton in April 2022; however, from May 2022 to December 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was France ($10,005 per ton), while the price for Italy ($3,162 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.8%), while the prices for the other major suppliers experienced a decline.

Price for Stainless Steel in Ingots or Other Primary Forms in Tunisia (FOB) - 2022

The average export price for stainless steel in ingots or other primary forms stood at $75,600 per ton in 2022, waning by -47.2% against the previous year. Overall, the export price, however, saw a significant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 1,261%. Over the period under review, the average export prices reached the maximum at $143,067 per ton in 2021, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($148,957 per ton), while the average price for exports to Algeria ($22,201 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 France (+31.0%), while the prices for the other major destinations experienced a decline.

Imports of Stainless Steel in Ingots or Other Primary Forms in Tunisia

In 2022, the amount of stainless steel in ingots or other primary forms imported into Tunisia soared to 607 tons, rising by 92% on the previous year's figure. Over the period under review, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of stainless steel in ingots or other primary forms skyrocketed to $5.7M in 2022. In general, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Stainless Steel in Ingots or Other Primary Forms in Tunisia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.2N/A3.95.06.0%
ItalyN/AN/AN/A0.30%
United States0.2N/AN/A0.20.0%
BelgiumN/AN/AN/A0.20%
Others0.1N/A0.20.10.0%
Total4.5N/A4.15.78.2%

Top Suppliers of Stainless Steel in Ingots or Other Primary Forms to Tunisia in 2022:

  1. France (447.5 tons)
  2. Italy (79.5 tons)
  3. Belgium (63.3 tons)
  4. United States (33.9 tons)

Exports of Stainless Steel in Ingots or Other Primary Forms in Tunisia

After two years of decline, shipments abroad of stainless steel in ingots or other primary forms decreased by -63.3% to 440 kg in 2022. In general, exports showed a dramatic decrease.

In value terms, exports of stainless steel in ingots or other primary forms fell remarkably to $33K in 2022. Over the period under review, exports faced a sharp shrinkage.

Export of Stainless Steel in Ingots or Other Primary Forms in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,663N/A17125.1-78.9%
AlgeriaN/AN/AN/A4.80%
MoroccoN/AN/AN/A3.40%
OthersN/AN/A0.9N/A0%
Total2,663N/A17233.3-76.8%

Top Export Markets for Stainless Steel in Ingots or Other Primary Forms from Tunisia in 2022:

  1. Algeria (214.0 kg)
  2. France (203.0 kg)
  3. Morocco (23.0 kg)

Source: IndexBox Market Intelligence Platform

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