Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia - 2022

Contents:

1. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia (CIF) - 2022
2. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia (FOB) - 2022
3. Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia
4. Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia (CIF) - 2022

The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $853 per ton in 2022, rising by 27% against the previous year. Overall, the import price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 151%. Over the period under review, average import prices hit record highs at $2,197 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($17,762 per ton), while the price for India ($843 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia (FOB) - 2022

In 2021, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $913 per ton, shrinking by -36.5% against the previous year. Over the period under review, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 91%. The export price peaked at $2,109 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for France.

From 2014 to 2021, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia

In 2022, purchases abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -9.5% to 21 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. As a result, imports reached the peak of 24 tons, and then fell in the following year.

In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses skyrocketed to $18K in 2022. In general, imports continue to indicate a deep downturn.

Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Tunisia in 2022:

1. India (21.5 tons)

Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Tunisia

In 2022, overseas shipments of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -5.4% to 6 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 14% against the previous year.

In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses soared to $7K in 2022. Over the period under review, exports faced a deep downturn.

Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Tunisia in 2022:

1. France (6.4 tons)

Source: IndexBox Market Intelligence Platform