Price for Chain and Parts Thereof, of Iron or Steel in the Netherlands - 2023
Contents:
- Price for Chain and Parts Thereof, of Iron or Steel in the Netherlands (CIF) - 2023
- Price for Chain and Parts Thereof, of Iron or Steel in the Netherlands (FOB) - 2022
- Imports of Chain and Parts Thereof, of Iron or Steel in the Netherlands
- Exports of Chain and Parts Thereof, of Iron or Steel in the Netherlands
Price for Chain and Parts Thereof, of Iron or Steel in the Netherlands (CIF) - 2023
In December 2023, the average import price for chain and parts thereof, of iron or steel amounted to $3,990 per ton, falling by -9.7% against the previous month. Overall, the import price showed a perceptible curtailment. The pace of growth appeared the most rapid in February 2023 an increase of 23% month-to-month. The import price peaked at $6,184 per ton in March 2023; however, from April 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Taiwan (Chinese) ($13,606 per ton), while the price for China ($2,378 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.1%), while the prices for the other major suppliers experienced a decline.
Price for Chain and Parts Thereof, of Iron or Steel in the Netherlands (FOB) - 2022
The average export price for chain and parts thereof, of iron or steel stood at $5,738 per ton in 2022, reducing by -23.1% against the previous year. In general, the export price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2021 when the average export price increased by 19%. The export price peaked at $7,974 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($10,009 per ton), while the average price for exports to Turkey ($3,708 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 the UK (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chain and Parts Thereof, of Iron or Steel in the Netherlands
For the fourth consecutive year, the Netherlands recorded growth in overseas purchases of chain and parts thereof, of iron or steel, which increased by 39% to 51K tons in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of chain and parts thereof, of iron or steel soared to $253M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Chain and Parts Thereof, of Iron or Steel in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.2 | 54.6 | 86.1 | 119 | 41.3% |
| Japan | 29.4 | 31.1 | 34.7 | 36.1 | 7.1% |
| Germany | 34.3 | 32.8 | 40.2 | 35.0 | 0.7% |
| Taiwan (Chinese) | 16.8 | 15.5 | 21.8 | 34.6 | 27.2% |
| Italy | 6.5 | 5.5 | 7.4 | 4.8 | -9.6% |
| Austria | 4.5 | 4.0 | 4.8 | 2.5 | -17.8% |
| Others | 22.5 | 19.5 | 21.8 | 20.5 | -3.1% |
| Total | 156 | 163 | 217 | 253 | 17.5% |
Top Suppliers of Chain and Parts Thereof, of Iron or Steel to the Netherlands in 2022:
- China (35.4K tons)
- Germany (5.4K tons)
- Japan (3.3K tons)
- Taiwan (Chinese) (3.0K tons)
- Italy (0.5K tons)
- Austria (0.4K tons)
Exports of Chain and Parts Thereof, of Iron or Steel in the Netherlands
In 2022, exports of chain and parts thereof, of iron or steel from the Netherlands surged to 36K tons, growing by 47% on 2021 figures. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of chain and parts thereof, of iron or steel rose rapidly to $205M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.
| Export of Chain and Parts Thereof, of Iron or Steel in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 26.1 | 38.4 | 61.3 | 79.1 | 44.7% |
| Belgium | 14.0 | 13.4 | 17.4 | 17.5 | 7.7% |
| France | 9.8 | 8.4 | 13.0 | 14.0 | 12.6% |
| Italy | 7.7 | 7.0 | 10.0 | 12.2 | 16.6% |
| United Kingdom | 7.4 | 9.6 | 10.5 | 9.5 | 8.7% |
| Spain | 5.0 | 4.7 | 6.5 | 7.7 | 15.5% |
| Poland | 4.1 | 3.9 | 6.7 | 6.2 | 14.8% |
| Czech Republic | 4.0 | 3.1 | 4.6 | 5.6 | 11.9% |
| Hungary | 3.5 | 3.5 | 4.8 | 4.8 | 11.1% |
| Sweden | 3.6 | 3.8 | 5.0 | 4.4 | 6.9% |
| Denmark | 2.6 | 2.6 | 3.0 | 3.7 | 12.5% |
| Turkey | 0.9 | 1.5 | 3.1 | 2.4 | 38.7% |
| Ireland | 6.0 | 2.0 | 0.4 | 0.7 | -51.1% |
| Others | 24.6 | 27.9 | 34.1 | 37.2 | 14.8% |
| Total | 119 | 130 | 180 | 205 | 19.9% |
Top Export Markets for Chain and Parts Thereof, of Iron or Steel from the Netherlands in 2022:
- Germany (19.3K tons)
- Belgium (1.8K tons)
- Italy (1.6K tons)
- France (1.5K tons)
- United Kingdom (1.0K tons)
- Hungary (1.0K tons)
- Spain (0.8K tons)
- Turkey (0.7K tons)
- Poland (0.7K tons)
- Czech Republic (0.6K tons)
- Sweden (0.6K tons)
- Denmark (0.5K tons)
- Ireland (0.1K tons)
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