Alloy Steel Powders Price in the UK - 2023

Contents:

  1. Alloy Steel Powders Price in the UK (FOB) - 2022
  2. Alloy Steel Powders Price in the UK (CIF) - 2022
  3. Alloy Steel Powders Exports in the UK
  4. Alloy Steel Powders Imports in the UK

Alloy Steel Powders Price in the UK (FOB) - 2022

The average alloy steel powders export price stood at $15,219 per ton in 2022, surging by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($22,076 per ton), while the average price for exports to Belgium ($9,925 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 Belgium (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Alloy Steel Powders Price in the UK (CIF) - 2022

In 2022, the average alloy steel powders import price amounted to $8,997 per ton, picking up by 27% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($15,659 per ton), while the price for Canada ($1,096 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Alloy Steel Powders Exports in the UK

In 2022, alloy steel powders exports from the UK dropped to 4.7K tons, falling by -13.7% on the year before. Over the period under review, exports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. As a result, the exports reached the peak of 5.5K tons, and then contracted in the following year.

In value terms, alloy steel powders exports totaled $72M in 2022. The total export value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Alloy Steel Powders in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18.116.221.623.89.6%
United States13.010.716.616.78.7%
India5.54.85.56.13.5%
China9.612.08.45.6-16.4%
Taiwan (Chinese)4.32.01.13.6-5.8%
Netherlands0.80.43.32.953.6%
Switzerland0.20.20.71.9111.8%
Belgium1.00.51.41.923.9%
Brazil0.90.61.41.313.0%
Sweden0.50.90.91.233.9%
Italy0.40.30.51.035.7%
Japan0.80.40.70.4-20.6%
Others3.33.24.65.417.8%
Total58.152.366.671.77.3%

Top Export Markets for Alloy Steel Powders from the UK in 2022:

  1. Germany (1577.6 tons)
  2. United States (761.2 tons)
  3. China (484.8 tons)
  4. India (455.0 tons)
  5. Taiwan (Chinese) (308.3 tons)
  6. Belgium (196.3 tons)
  7. Switzerland (156.0 tons)
  8. Netherlands (129.7 tons)
  9. Brazil (113.7 tons)
  10. Sweden (109.2 tons)
  11. Italy (87.7 tons)
  12. Japan (47.4 tons)

Alloy Steel Powders Imports in the UK

In 2022, the amount of alloy steel powderses imported into the UK reduced sharply to 3.1K tons, declining by -28.1% against the year before. In general, imports showed a deep slump. The smallest decline of -4.2% was in 2020.

In value terms, alloy steel powders imports contracted to $28M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of $31M, and then reduced in the following year.

Import of Alloy Steel Powders in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium20.115.924.019.7-0.7%
United States2.22.93.43.010.9%
Germany1.10.50.63.039.7%
Sweden2.31.81.61.1-21.8%
Canada0.90.10.30.3-30.7%
China0.41.00.20.1-37.0%
Others0.80.80.60.7-4.4%
Total28.023.130.727.9-0.1%

Top Suppliers of Alloy Steel Powders to the UK in 2022:

  1. Belgium (2098.0 tons)
  2. Germany (297.3 tons)
  3. Canada (246.4 tons)
  4. United States (200.0 tons)
  5. China (110.0 tons)
  6. Sweden (73.2 tons)

Source: IndexBox Market Intelligence Platform

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