Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sweden - 2024

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sweden (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sweden (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sweden
4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sweden

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sweden (CIF) - 2022

The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $14,926 per ton in 2022, picking up by 15% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira increased by +57.1% against 2018 indices. The growth pace was the most rapid in 2015 when the average import price increased by 23%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($38,318 per ton), while the price for the Netherlands ($3,861 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sweden (FOB) - 2022

The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $17,112 per ton in 2022, with a decrease of -13.2% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or steel cast fittings, other than of non-malleable cast ira decreased by -31.9% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 46% against the previous year. The export price peaked at $25,115 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($222,434 per ton), while the average price for exports to Norway ($8,607 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 Peru (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sweden

In 2022, supplies from abroad of iron or steel cast fittings, other than of non-malleable cast ira decreased by -9.2% to 3.2K tons, falling for the second year in a row after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 13%. As a result, imports reached the peak of 3.7K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira reached $48M in 2022. The total import value increased at an average annual rate of +12.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Sweden in 2022:

1. Belgium (856.4 tons)
2. Latvia (504.0 tons)
3. Netherlands (467.6 tons)
4. Austria (386.5 tons)
5. Germany (229.0 tons)
6. Italy (206.5 tons)
7. Poland (168.0 tons)
8. China (150.7 tons)
9. Czech Republic (71.4 tons)
10. Denmark (69.1 tons)
11. Finland (17.9 tons)
12. France (1.0 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sweden

For the third consecutive year, Sweden recorded decline in overseas shipments of iron or steel cast fittings, other than of non-malleable cast ira, which decreased by -9.1% to 336 tons in 2022. In general, exports continue to indicate a abrupt slump. The smallest decline of -6.5% was in 2021.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira contracted markedly to $5.8M in 2022. Overall, exports saw a abrupt decline. The smallest decline of -4% was in 2020.

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Sweden in 2022:

1. Finland (118.7 tons)
2. Denmark (97.3 tons)
3. Norway (49.2 tons)
4. Singapore (18.3 tons)
5. Netherlands (13.5 tons)
6. Poland (7.7 tons)
7. United Kingdom (5.2 tons)
8. United States (2.6 tons)
9. Italy (1.2 tons)
10. Australia (0.2 tons)

Source: IndexBox Market Intelligence Platform