Price for Iron or Steel; Cast Articles in Germany - 2023
Contents:
- Price for Iron or Steel; Cast Articles in Germany (FOB) - 2023
- Price for Iron or Steel; Cast Articles in Germany (CIF) - 2023
- Exports of Iron or Steel; Cast Articles in Germany
- Imports of Iron or Steel; Cast Articles in Germany
Price for Iron or Steel; Cast Articles in Germany (FOB) - 2023
The average export price for iron or steel; cast articleses stood at $3,638 per ton in June 2023, remaining constant against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 29% m-o-m. As a result, the export price attained the peak level of $4,092 per ton. From December 2022 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Romania ($8,803 per ton), while the average price for exports to the Netherlands ($2,473 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel; Cast Articles in Germany (CIF) - 2023
In June 2023, the average import price for iron or steel; cast articleses amounted to $3,929 per ton, picking up by 11% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($6,308 per ton), while the price for Portugal ($1,881 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel; Cast Articles in Germany
In 2022, exports of iron or steel; cast articleses from Germany dropped to 193K tons, falling by -13.1% on the year before. Over the period under review, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 12% against the previous year.
In value terms, iron or steel; cast articles exports declined slightly to $637M in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. As a result, the exports attained the peak of $664M, and then reduced slightly in the following year.
| Export of Iron or Steel; Cast Articles in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 74.4 | 59.8 | 78.4 | 84.9 | 4.5% |
| Poland | 53.9 | 44.0 | 64.5 | 58.1 | 2.5% |
| Switzerland | 43.0 | 35.7 | 42.1 | 53.9 | 7.8% |
| Netherlands | 40.8 | 37.3 | 40.2 | 43.5 | 2.2% |
| Czech Republic | 67.2 | 63.9 | 84.0 | 40.0 | -15.9% |
| Turkey | 26.8 | 23.9 | 35.9 | 39.2 | 13.5% |
| Italy | 32.4 | 23.2 | 27.0 | 37.3 | 4.8% |
| France | 26.2 | 20.8 | 22.5 | 32.2 | 7.1% |
| Denmark | 56.3 | 50.9 | 49.5 | 30.7 | -18.3% |
| United States | 27.1 | 19.9 | 30.9 | 30.1 | 3.6% |
| Sweden | 16.2 | 16.9 | 21.8 | 25.6 | 16.5% |
| Hungary | 24.6 | 17.7 | 17.2 | 24.7 | 0.1% |
| United Kingdom | 15.8 | 11.6 | 14.1 | 23.5 | 14.1% |
| Others | 129 | 111 | 136 | 113 | -4.3% |
| Total | 634 | 536 | 664 | 637 | 0.2% |
Top Export Markets for Iron or Steel; Cast Articles from Germany in 2022:
- Austria (28.9K tons)
- Poland (21.2K tons)
- Netherlands (17.7K tons)
- Switzerland (17.3K tons)
- Czech Republic (14.7K tons)
- Italy (12.3K tons)
- Denmark (10.5K tons)
- Turkey (9.7K tons)
- Hungary (7.8K tons)
- France (7.2K tons)
- Sweden (6.4K tons)
- United States (5.2K tons)
- United Kingdom (4.8K tons)
Imports of Iron or Steel; Cast Articles in Germany
In 2022, the amount of iron or steel; cast articleses imported into Germany reduced modestly to 238K tons, shrinking by -2% on 2021 figures. Overall, imports recorded a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year.
In value terms, iron or steel; cast articles imports expanded remarkably to $738M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 34%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Iron or Steel; Cast Articles in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 69.0 | 67.7 | 88.7 | 111 | 17.2% |
| China | 65.0 | 51.4 | 61.6 | 83.7 | 8.8% |
| Poland | 83.5 | 62.8 | 74.7 | 80.5 | -1.2% |
| Turkey | 34.9 | 25.0 | 32.5 | 64.5 | 22.7% |
| Netherlands | 36.9 | 45.8 | 56.7 | 61.0 | 18.2% |
| India | 39.3 | 33.7 | 43.7 | 55.4 | 12.1% |
| Spain | 62.1 | 27.4 | 47.6 | 55.3 | -3.8% |
| France | 39.0 | 34.0 | 50.8 | 55.2 | 12.3% |
| Italy | 25.0 | 20.2 | 22.3 | 32.1 | 8.7% |
| Austria | 24.4 | 21.0 | 26.0 | 32.0 | 9.5% |
| Denmark | 23.0 | 15.5 | 16.6 | 22.5 | -0.7% |
| Slovakia | 9.7 | 5.4 | 11.3 | 12.1 | 7.6% |
| Portugal | 8.0 | 6.6 | 6.0 | 7.3 | -3.0% |
| Others | 92.4 | 75.3 | 122 | 65.6 | -10.8% |
| Total | 612 | 492 | 661 | 738 | 6.4% |
Top Suppliers of Iron or Steel; Cast Articles to Germany in 2022:
- Czech Republic (44.3K tons)
- India (26.8K tons)
- Poland (24.1K tons)
- France (22.6K tons)
- China (20.7K tons)
- Turkey (18.9K tons)
- Spain (15.4K tons)
- Netherlands (14.5K tons)
- Denmark (7.8K tons)
- Italy (5.6K tons)
- Austria (5.5K tons)
- Slovakia (4.2K tons)
- Portugal (3.7K tons)
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This report provides an in-depth analysis of the market for non-malleable cast iron articles in Germany.
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This report provides an in-depth analysis of the cast metal articles market in Germany.
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This report provides an in-depth analysis of the global market for non-malleable cast iron articles.
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