Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kenya - 2022
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kenya (CIF) - 2022
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kenya (FOB) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kenya
- Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kenya
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kenya (CIF) - 2022
The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $3,600 per ton in 2022, growing by 32% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $4,571 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($13,261 per ton), while the price for China ($3,316 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kenya (FOB) - 2022
The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $4,051 per ton in 2022, dropping by -19% against the previous year. Over the period under review, the export price, however, showed measured growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 180% against the previous year. As a result, the export price attained the peak level of $5,266 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($11,617 per ton), while the average price for exports to Tanzania ($458 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 Burundi (+12.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kenya
Imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s into Kenya surged to 108 tons in 2022, picking up by 429% on 2021 figures. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $389K in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.3 | 244 | 50.1 | 346 | 104.8% |
| India | 9.1 | 1.1 | 3.4 | 23.8 | 37.8% |
| Others | 9.8 | 7.2 | 2.0 | 18.9 | 24.5% |
| Total | 59.2 | 252 | 55.5 | 389 | 87.3% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Kenya in 2022:
- China (104.4 tons)
- India (1.8 tons)
Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kenya
In 2022, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s from Kenya soared to 8.7 tons, rising by 699% compared with 2021 figures. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s skyrocketed to $35K in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | N/A | N/A | 23.8 | 0% |
| Burundi | 4.6 | 0.8 | 3.8 | 7.5 | 17.7% |
| Rwanda | 0.9 | 0.2 | 1.6 | 3.6 | 58.7% |
| Uganda | N/A | N/A | N/A | 0.2 | 0% |
| Tanzania | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.9 | N/A | N/A | N/A | 0% |
| Total | 6.5 | 1.1 | 5.4 | 35.3 | 75.8% |
Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Kenya in 2022:
- Nigeria (6.5 tons)
- Rwanda (1.2 tons)
- Burundi (0.6 tons)
- Tanzania (0.2 tons)
- Uganda (0.2 tons)
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