Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in the Netherlands - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in the Netherlands (CIF) - 2023
  2. Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in the Netherlands (FOB) - 2023
  3. Imports of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in the Netherlands
  4. Exports of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in the Netherlands

Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in the Netherlands (CIF) - 2023

In October 2023, the average import price for iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia amounted to $1,024 per ton, dropping by -23.5% against the previous month. In general, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in May 2023 an increase of 15% against the previous month. The import price peaked at $1,417 per ton in December 2022; however, from January 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($2,383 per ton), while the price for Vietnam ($846 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in the Netherlands (FOB) - 2023

In October 2023, the average export price for iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia amounted to $5,291 per ton, rising by 154% against the previous month. Overall, the export price showed prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($7,638 per ton), while the average price for exports to Albania ($1,084 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in the Netherlands

In 2022, approx. 200K tons of iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia were imported into the Netherlands; increasing by 6.3% compared with 2021 figures. The total import volume increased at an average annual rate of +3.4% over the period 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 2021 with an increase of 13%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia surged to $291M in 2022. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy40.838.861.263.716.0%
Germany34.331.144.361.221.3%
Belgium9.48.913.620.830.3%
Romania9.67.515.020.228.1%
Portugal8.87.117.016.222.6%
Poland9.68.913.316.018.6%
Turkey3.83.55.514.455.9%
Czech Republic14.68.010.814.2-0.9%
India2.72.97.711.361.2%
United Arab Emirates6.61.36.07.96.2%
France2.61.93.77.743.6%
Spain5.65.610.37.510.2%
United Kingdom5.64.86.54.7-5.7%
Others15.212.523.025.318.5%
Total16914323829119.9%

Top Suppliers of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section to the Netherlands in 2022:

  1. Italy (43.5K tons)
  2. Germany (41.2K tons)
  3. Belgium (14.5K tons)
  4. Romania (12.7K tons)
  5. Portugal (11.9K tons)
  6. Turkey (11.8K tons)
  7. Poland (10.4K tons)
  8. India (8.5K tons)
  9. Czech Republic (8.2K tons)
  10. United Arab Emirates (5.7K tons)
  11. France (5.7K tons)
  12. Spain (4.8K tons)
  13. United Kingdom (3.2K tons)

Exports of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in the Netherlands

In 2022, the amount of iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia exported from the Netherlands contracted modestly to 113K tons, reducing by -1.8% on the previous year. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 12%. As a result, the exports attained the peak of 115K tons, and then contracted in the following year.

In value terms, exports of iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia expanded sharply to $215M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 61% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany44.539.059.669.716.1%
Belgium19.018.725.629.816.2%
United Kingdom3.83.432.227.593.4%
Poland14.513.713.815.93.1%
France9.68.114.514.815.5%
Sweden5.84.56.610.019.9%
Italy3.74.26.86.923.1%
Denmark2.72.13.66.231.9%
Canada2.53.710.34.420.7%
Slovakia7.55.53.04.4-16.3%
Others20.720.523.125.77.5%
Total13412319921517.1%

Top Export Markets for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section from the Netherlands in 2022:

  1. Germany (43.2K tons)
  2. Belgium (17.6K tons)
  3. Poland (9.5K tons)
  4. France (8.9K tons)
  5. Sweden (5.2K tons)
  6. United Kingdom (4.2K tons)
  7. Denmark (3.7K tons)
  8. Italy (3.5K tons)
  9. Slovakia (2.4K tons)
  10. Canada (2.2K tons)

Source: IndexBox Market Intelligence Platform

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