Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in New Zealand - 2024
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in New Zealand (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in New Zealand (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in New Zealand
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in New Zealand
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in New Zealand (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $16,361 per ton, rising by 65% against the previous year. In general, the import price saw a prominent expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 146% against the previous year. As a result, import price reached the peak level of $56,396 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($306,125 per ton), while the price for the UK ($13,282 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+81.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in New Zealand (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $5,723 per ton in 2022, picking up by 23% against the previous year. Over the period under review, the export price saw perceptible growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was French Polynesia ($5,935 per ton), while the average price for exports to Fiji totaled $5,701 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in New Zealand
In 2022, overseas purchases of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -86.4% to 3.3 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a significant contraction. The growth pace was the most rapid in 2020 when imports increased by 201%. As a result, imports reached the peak of 36 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia contracted dramatically to $53K in 2022. Over the period under review, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 60%. As a result, imports reached the peak of $258K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 36.6 | 0% |
| China | 22.6 | 31.8 | 105 | 6.0 | -35.7% |
| Taiwan (Chinese) | 132 | 215 | 103 | N/A | -11.7% |
| Others | 7.0 | 10.5 | 29.9 | 10.8 | 15.6% |
| Total | 161 | 258 | 238 | 53.3 | -30.8% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to New Zealand in 2022:
- United Kingdom (2.8 tons)
- China (0.4 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in New Zealand
In 2022, overseas shipments of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -38.6% to 4.1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 66% against the previous year. As a result, the exports reached the peak of 9.4 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia dropped dramatically to $24K in 2022. Overall, exports saw a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 12%.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 14.6 | 26.0 | N/A | 21.3 | 13.4% |
| French Polynesia | N/A | N/A | N/A | 2.4 | 0% |
| Papua New Guinea | N/A | N/A | 8.4 | N/A | 0% |
| United States | N/A | 4.6 | N/A | N/A | 0% |
| Samoa | 13.1 | N/A | 11.5 | N/A | -6.3% |
| Others | N/A | 0.6 | 11.5 | N/A | 1816.7% |
| Total | 27.7 | 31.1 | 31.4 | 23.7 | -5.1% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from New Zealand in 2022:
- Fiji (3.7 tons)
- French Polynesia (0.4 tons)
370
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in New Zealand.
4694
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
221
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2375
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
770
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
1077
In value terms, ferro-cerium and other pyrophoric alloys exports totaled $X in 2016. In general, ferro-cerium and other pyrophoric alloys exports continue to indicate a relatively flat trend patter...
807
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
769
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
