Price for Safety Pins and Other Pins; of Iron or Steel in Germany - 2024
Contents:
- Price for Safety Pins and Other Pins; of Iron or Steel in Germany (CIF) - 2022
- Price for Safety Pins and Other Pins; of Iron or Steel in Germany (FOB) - 2024
- Imports of Safety Pins and Other Pins; of Iron or Steel in Germany
- Exports of Safety Pins and Other Pins; of Iron or Steel in Germany
Price for Safety Pins and Other Pins; of Iron or Steel in Germany (CIF) - 2022
In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $16,832 per ton, dropping by -12.7% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 safety pins and other pins; of iron or steels increased by +43.2% against 2016 indices. The growth pace was the most rapid in 2021 an increase of 38% against the previous year. As a result, import price reached the peak level of $19,284 per ton, and then contracted in the following year.
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 Japan ($62,424 per ton), while the price for China ($11,279 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Safety Pins and Other Pins; of Iron or Steel in Germany (FOB) - 2024
The average export price for safety pins and other pins; of iron or steels stood at $45,108 per ton in March 2024, falling by -18.1% against the previous month. In general, the export price, however, showed a mild increase. The most prominent rate of growth was recorded in February 2024 an increase of 54% m-o-m. As a result, the export price reached the peak level of $55,109 per ton, and then declined notably in the following month.
There were significant differences in the average prices for the major foreign markets. In March 2024, the country with the highest price was Norway ($80,083 per ton), while the average price for exports to Turkey ($16,500 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Safety Pins and Other Pins; of Iron or Steel in Germany
In 2022, overseas purchases of safety pins and other pins; of iron or steels were finally on the rise to reach 269 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt decline.
In value terms, imports of safety pins and other pins; of iron or steels skyrocketed to $4.5M in 2022. Overall, imports, however, continue to indicate a pronounced slump.
| Import of Safety Pins and Other Pins; of Iron or Steel in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,512 | 2,358 | 1,537 | 2,172 | -4.7% |
| Malaysia | 373 | 299 | 321 | 1,171 | 46.4% |
| Czech Republic | 940 | 958 | 1,063 | 118 | -49.9% |
| Turkey | 52.8 | 63.5 | 55.4 | 95.9 | 22.0% |
| Japan | 473 | 195 | 59.5 | 72.3 | -46.5% |
| Netherlands | 29.8 | 63.3 | 21.5 | 51.7 | 20.2% |
| Others | 592 | 604 | 682 | 853 | 12.9% |
| Total | 4,972 | 4,541 | 3,739 | 4,534 | -3.0% |
Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Germany in 2022:
- China (192.6 tons)
- Malaysia (38.8 tons)
- Turkey (5.9 tons)
- Czech Republic (4.6 tons)
- Netherlands (4.5 tons)
- Japan (1.2 tons)
Exports of Safety Pins and Other Pins; of Iron or Steel in Germany
In 2022, overseas shipments of safety pins and other pins; of iron or steels were finally on the rise to reach 130 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a sharp decline.
In value terms, exports of safety pins and other pins; of iron or steels dropped to $4M in 2022. In general, exports, however, saw a deep downturn.
| Export of Safety Pins and Other Pins; of Iron or Steel in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 370 | 387 | 484 | 520 | 12.0% |
| Switzerland | 479 | 443 | 402 | 439 | -2.9% |
| France | 951 | 728 | 465 | 354 | -28.1% |
| Italy | 213 | 195 | 247 | 306 | 12.8% |
| Netherlands | 310 | 270 | 297 | 256 | -6.2% |
| Poland | 616 | 393 | 189 | 223 | -28.7% |
| United Kingdom | 420 | 339 | 284 | 200 | -21.9% |
| Czech Republic | 71.1 | 121 | 105 | 178 | 35.8% |
| Belgium | 210 | 221 | 175 | 174 | -6.1% |
| United States | 45.1 | 76.1 | 80.2 | 139 | 45.5% |
| Israel | 98.3 | 65.7 | 99.2 | 113 | 4.8% |
| Spain | 258 | 149 | 115 | 96.8 | -27.9% |
| Portugal | 54.0 | 55.8 | 62.1 | 46.8 | -4.7% |
| Others | 1,494 | 1,600 | 1,362 | 906 | -15.4% |
| Total | 5,590 | 5,044 | 4,366 | 3,951 | -10.9% |
Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Germany in 2022:
- Poland (17.9 tons)
- Austria (13.4 tons)
- France (12.1 tons)
- Netherlands (9.8 tons)
- Switzerland (7.6 tons)
- Czech Republic (7.3 tons)
- Italy (7.1 tons)
- United Kingdom (5.7 tons)
- Belgium (5.4 tons)
- United States (5.3 tons)
- Spain (4.3 tons)
- Israel (3.9 tons)
- Portugal (3.9 tons)
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