Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Tanzania - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Tanzania (CIF) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Tanzania
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Tanzania (CIF) - 2022
In 2022, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $4,963 per ton, growing by 5.7% against the previous year. Overall, the import price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2015 when the average import price increased by 216%. The import price peaked at $14,478 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 the United Arab Emirates ($25,634 per ton), while the price for China ($2,967 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Tanzania
Imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Tanzania surged to 31 tons in 2022, growing by 154% against 2021. Overall, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $155K in 2022. In general, imports, however, saw a mild decline.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 27.6 | 0.9 | N/A | 84.2 | 45.0% |
| China | 39.2 | 43.9 | 55.7 | 58.3 | 14.1% |
| South Korea | N/A | N/A | N/A | 6.9 | 0% |
| France | 79.3 | N/A | N/A | N/A | 0% |
| Others | 15.6 | 9.5 | 2.2 | 5.8 | -28.1% |
| Total | 162 | 54.3 | 57.9 | 155 | -1.5% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Tanzania in 2022:
- China (19.6 tons)
- India (10.1 tons)
- South Korea (1.2 tons)
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