Price for Stainless Steel in Ingots or Other Primary Forms in Sudan - 2022
Contents:
- Price for Stainless Steel in Ingots or Other Primary Forms in Sudan (CIF) - 2022
- Imports of Stainless Steel in Ingots or Other Primary Forms in Sudan
Price for Stainless Steel in Ingots or Other Primary Forms in Sudan (CIF) - 2022
In 2022, the average import price for stainless steel in ingots or other primary forms amounted to $1,828 per ton, standing approx. at the previous year. In general, the import price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 62%. The import price peaked at $1,833 per ton in 2020; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($7,647 per ton), while the price for Egypt ($504 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.5%), while the prices for the other major suppliers experienced a decline.
Imports of Stainless Steel in Ingots or Other Primary Forms in Sudan
After two years of decline, overseas purchases of stainless steel in ingots or other primary forms increased by 75% to 3.2 tons in 2022. Overall, imports, however, faced a precipitous decrease.
In value terms, imports of stainless steel in ingots or other primary forms skyrocketed to $5.9K in 2022. In general, imports, however, showed a significant contraction.
| Import of Stainless Steel in Ingots or Other Primary Forms in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 11.5 | 7.1 | 1.2 | 4.5 | -26.9% |
| India | 1.3 | 1.3 | 2.0 | 1.3 | 0.0% |
| Egypt | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Jordan | 3.5 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 20.4 | N/A | N/A | N/A | 0% |
| Others | 1.1 | N/A | N/A | N/A | 0% |
| Total | 37.8 | 8.4 | 3.3 | 5.9 | -46.2% |
Top Suppliers of Stainless Steel in Ingots or Other Primary Forms to Sudan in 2022:
- United Arab Emirates (2788.0 kg)
- India (170.0 kg)
- Egypt (125.0 kg)
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