Price for Iron or Steel; Cast Articles in the Netherlands - 2023

Contents:

  1. Price for Iron or Steel; Cast Articles in the Netherlands (FOB) - 2023
  2. Price for Iron or Steel; Cast Articles in the Netherlands (CIF) - 2023
  3. Exports of Iron or Steel; Cast Articles in the Netherlands
  4. Imports of Iron or Steel; Cast Articles in the Netherlands

Price for Iron or Steel; Cast Articles in the Netherlands (FOB) - 2023

The average export price for iron or steel; cast articleses stood at $3,993 per ton in June 2023, declining by -3.7% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 24% against the previous month. Over the period under review, the average export prices hit record highs at $4,146 per ton in May 2023, and then declined in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($7,607 per ton), while the average price for exports to Germany ($3,024 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 France (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Iron or Steel; Cast Articles in the Netherlands (CIF) - 2023

The average import price for iron or steel; cast articleses stood at $3,966 per ton in June 2023, picking up by 4% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 an increase of 13% month-to-month. As a result, import price reached the peak level of $4,146 per ton. From August 2022 to June 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($7,730 per ton), while the price for Thailand ($1,681 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 Belgium (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Iron or Steel; Cast Articles in the Netherlands

In 2022, the amount of iron or steel; cast articleses exported from the Netherlands surged to 56K tons, increasing by 25% against the previous year. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.1% 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 +68.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 35%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, iron or steel; cast articles exports reduced to $201M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.1% 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 +44.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 46%. As a result, the exports reached the peak of $204M, and then shrank slightly in the following year.

Export of Iron or Steel; Cast Articles in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany61.557.884.110519.5%
Czech Republic17.110.120.320.15.5%
France20.710.928.817.9-4.7%
United Kingdom12.88.210.58.4-13.1%
United States5.76.07.95.70.0%
Belgium4.64.78.75.13.5%
Italy5.04.36.83.8-8.7%
Others36.537.636.835.8-0.6%
Total1641392042017.0%

Top Export Markets for Iron or Steel; Cast Articles from the Netherlands in 2022:

  1. Germany (38.6K tons)
  2. Czech Republic (3.3K tons)
  3. France (2.7K tons)
  4. United Kingdom (1.6K tons)
  5. Belgium (1.1K tons)
  6. Italy (0.5K tons)
  7. United States (0.3K tons)

Imports of Iron or Steel; Cast Articles in the Netherlands

After three years of growth, overseas purchases of iron or steel; cast articleses decreased by -1.2% to 63K tons in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +47.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of 64K tons, and then reduced in the following year.

In value terms, iron or steel; cast articles imports surged to $239M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +69.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Iron or Steel; Cast Articles in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.527.835.152.530.7%
Belgium23.616.720.340.119.3%
Czech Republic30.619.830.036.76.2%
Germany20.521.434.524.35.8%
India5.46.819.623.864.0%
United Kingdom5.34.312.319.253.6%
Poland8.37.28.218.029.4%
Turkey9.07.510.813.815.3%
Others28.729.130.510.6-28.3%
Total15514120123915.5%

Top Suppliers of Iron or Steel; Cast Articles to the Netherlands in 2022:

  1. China (13.6K tons)
  2. Germany (12.1K tons)
  3. India (12.0K tons)
  4. Belgium (8.3K tons)
  5. United Kingdom (7.7K tons)
  6. Turkey (4.1K tons)
  7. Czech Republic (3.8K tons)
  8. Poland (3.5K tons)

Source: IndexBox Market Intelligence Platform

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