Price for Steel, stainless; semi-finished products, other than of rectangular cross-section in the United Arab Emirates - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the United Arab Emirates (FOB) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the United Arab Emirates (CIF) - 2022
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the United Arab Emirates
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the United Arab Emirates
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $1,816 per ton, waning by -70.3% against the previous year. In general, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2013 an increase of 93%. The export price peaked at $6,116 per ton in 2021, and then fell dramatically in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Eritrea ($8,067 per ton), while the average price for exports to Canada ($1,192 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 South Korea (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the United Arab Emirates (CIF) - 2022
The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $9,438 per ton in 2022, jumping by 86% against the previous year. In general, the import price enjoyed prominent growth. The pace of growth was the most pronounced in 2016 an increase of 205%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($58,911 per ton), while the price for China ($2,675 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+289.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the United Arab Emirates
In 2022, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from the United Arab Emirates surged to 2.7K tons, picking up by 2,162% compared with the year before. Over the period under review, exports recorded a significant increase. 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; semi-finished products, other than of rectangular cross-sectia surged to $4.9M in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 28.2 | 108 | 0.1 | 2,847 | 365.6% |
| Canada | N/A | N/A | N/A | 621 | 0% |
| Eritrea | N/A | N/A | N/A | 605 | 0% |
| Oman | 77.3 | 460 | 178 | 221 | 41.9% |
| Bahrain | 0.4 | N/A | N/A | 198 | 691.0% |
| Kuwait | 968 | 11.0 | 6.7 | 142 | -47.3% |
| Others | 154 | 886 | 543 | 252 | 17.8% |
| Total | 1,228 | 1,465 | 728 | 4,887 | 58.5% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from the United Arab Emirates in 2022:
- India (1896.4 tons)
- Canada (521.4 tons)
- Oman (75.5 tons)
- Eritrea (75.0 tons)
- Bahrain (68.8 tons)
- Kuwait (26.9 tons)
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the United Arab Emirates
After two years of decline, purchases abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia increased by 12% to 174 tons in 2022. In general, imports, however, recorded a abrupt descent.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $1.6M in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,038 | 637 | 525 | 498 | -21.7% |
| United Kingdom | 240 | 451 | 84.1 | 432 | 21.6% |
| Austria | N/A | N/A | N/A | 330 | 0% |
| Sweden | 1.6 | N/A | 0.6 | 102 | 299.5% |
| China | 19.7 | 16.6 | 21.6 | 81.6 | 60.6% |
| Australia | 23.4 | 27.0 | N/A | 35.1 | 14.5% |
| Italy | 70.9 | 37.0 | 12.3 | 8.5 | -50.7% |
| Others | 227 | 47.0 | 143 | 152 | -12.5% |
| Total | 1,622 | 1,216 | 787 | 1,640 | 0.4% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to the United Arab Emirates in 2022:
- India (67.0 tons)
- China (30.5 tons)
- United Kingdom (29.1 tons)
- Austria (20.5 tons)
- Sweden (20.5 tons)
- Italy (2.7 tons)
- Australia (0.6 tons)
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