๐ฆ๐ช United Arab Emirates imports of alloy steel ingots: 2024 trade data
Imports of alloy steel ingots by the United Arab Emirates reached $4.3 million in 2024 (2.0 thousand tonnes). Value rose 251% on 2023. Over 2017-2024 the trade grew strongly, by about 14% a year on average. The peak in this period was 2021, at $22.2 million.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of alloy steel ingots by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $4.3M | 2.0K t |
| 2023 | $1.2M | 434 t |
| 2022 | $7.7M | 15.3K t |
| 2021 | $22.2M | 34.1K t |
| 2020 | $4.0M | 5.1K t |
| 2019 | $2.3M | 1.9K t |
| 2018 | $1.0M | 365 t |
| 2017 | $1.8M | 1.4K t |
Where the United Arab Emirates imports alloy steel ingots from
The largest suppliers were Saudi Arabia (49%), Italy (41%), India (5%). Among the main suppliers, Italy grew fastest (+287% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| ๐ธ๐ฆ Saudi Arabia | $2.1M | 49% |
| ๐ฎ๐น Italy | $1.8M | 41% |
| ๐ฎ๐ณ India | $215K | 5% |
| ๐บ๐ธ United States | $97K | 2.2% |
| ๐ฌ๐ง United Kingdom | $88K | 2% |
| ๐ธ๐ฌ Singapore | $41K | 1% |
| ๐น๐ท Turkey | $9K | 0.2% |
| ๐ฉ๐ช Germany | $4K | 0.1% |
| ๐ฌ๐พ Guyana | $4K | 0.1% |
| ๐ซ๐ท France | $2K | 0.1% |
Types of alloy steel ingots under HS 7224
| 7224.10 | Steel, alloy: ingots and other primary forms | 50% |
| 7224.90 | Steel, alloy: semi-finished products | 50% |
Codes and full descriptions: HS heading 7224.
Average import price of alloy steel ingots
The average declared value was about $2.21 per kg, 119% above the world average of $1.01. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in the United Arab Emirates?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7224: Alloy steel in ingots or other primary forms, semi-finished products of other alloy steel.
Alloy steel ingots trade in the United Arab Emirates: questions
What is the value of alloy steel ingots imported by the United Arab Emirates?
The United Arab Emirates imported alloy steel ingots worth $4.3 million in 2024 (2.0 thousand tonnes).
Where does the United Arab Emirates import alloy steel ingots from?
The main supplier countries in 2024 were Saudi Arabia (49%), Italy (41%), India (5%).
What is the average import price of alloy steel ingots in the United Arab Emirates?
The average declared import value was about $2.21 per kg in 2024, against a world average of $1.01 per kg.
What is the HS code for alloy steel ingots?
Alloy steel ingots falls under HS heading 7224 (Alloy steel in ingots or other primary forms, semi-finished products of other alloy steel). The six-digit codes under it split the product by type.
How can I find the companies trading alloy steel ingots with the United Arab Emirates?
These public statistics stop at country level. EximDataX builds the United Arab Emirates trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Alloy steel ingots trade in other countries
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