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

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Netherlands (CIF) - 2024
2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Netherlands (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Netherlands
4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Netherlands

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Netherlands (CIF) - 2024

In March 2024, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $3,287 per ton, declining by -5.2% against the previous month. Overall, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in January 2024 when the average import price increased by 37% month-to-month. As a result, import price reached the peak level of $9,425 per ton. From February 2024 to March 2024, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Taiwan (Chinese) ($9,682 per ton), while the price for India ($2,627 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.1%), 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 the Netherlands (FOB) - 2022

In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $6,672 per ton, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2013 an increase of 27%. As a result, the export price reached the peak level of $6,910 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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 the United Arab Emirates ($14,169 per ton), while the average price for exports to Germany ($5,074 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 France (+11.3%), 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 the Netherlands

In 2022, imports of iron or steel cast fittings, other than of non-malleable cast ira into the Netherlands reached 16K tons, surging by 1.6% against the previous year. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 3.4%. As a result, imports attained the peak of 16K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira rose significantly to $108M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. China (9.2K tons)
2. Belgium (2.2K tons)
3. Indonesia (1.1K tons)
4. Germany (1.0K tons)
5. Austria (0.6K tons)
6. Brazil (0.4K tons)
7. Israel (0.4K tons)
8. Italy (0.4K tons)

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

In 2022, shipments abroad of iron or steel cast fittings, other than of non-malleable cast ira increased by 35% to 12K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira soared to $82M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +59.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (5718.3 tons)
2. Belgium (2003.6 tons)
3. United States (448.7 tons)
4. Sweden (447.7 tons)
5. Italy (429.1 tons)
6. United Arab Emirates (362.9 tons)
7. Denmark (354.3 tons)
8. Turkey (288.6 tons)
9. France (248.9 tons)
10. United Kingdom (227.9 tons)
11. Hungary (214.4 tons)
12. Poland (171.8 tons)
13. Spain (166.2 tons)

Source: IndexBox Market Intelligence Platform