Price for Safety Pins and Other Pins; of Iron or Steel in the Netherlands - 2024

Contents:

1. Price for Safety Pins and Other Pins; of Iron or Steel in the Netherlands (CIF) - 2024
2. Price for Safety Pins and Other Pins; of Iron or Steel in the Netherlands (FOB) - 2022
3. Imports of Safety Pins and Other Pins; of Iron or Steel in the Netherlands
4. Exports of Safety Pins and Other Pins; of Iron or Steel in the Netherlands

Price for Safety Pins and Other Pins; of Iron or Steel in the Netherlands (CIF) - 2024

The average import price for safety pins and other pins; of iron or steels stood at $32,786 per ton in March 2024, growing by 9.4% against the previous month. In general, the import price continues to indicate a resilient increase. The pace of growth was the most pronounced in January 2024 an increase of 68% m-o-m. Over the period under review, average import prices hit record highs in March 2024.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the United States ($194K per ton), while the price for Switzerland ($11,066 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 the United States (+14.2%), 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 the Netherlands (FOB) - 2022

In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $13,805 per ton, shrinking by -7.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 33% against the previous year. As a result, the export price attained the peak level of $15,856 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($16,143 per ton), while the average price for exports to Portugal ($9,403 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 Australia (+14.7%), 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 the Netherlands

In 2022, imports of safety pins and other pins; of iron or steels into the Netherlands contracted sharply to 158 tons, waning by -36.1% on 2021 figures. Overall, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 138%. As a result, imports attained the peak of 247 tons, and then declined markedly in the following year.

In value terms, imports of safety pins and other pins; of iron or steels contracted dramatically to $1.8M in 2022. In general, imports, however, showed a notable increase. The pace of growth appeared the most rapid in 2021 with an increase of 101%. As a result, imports reached the peak of $3.5M, and then reduced rapidly in the following year.

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to the Netherlands in 2022:

1. China (113.0 tons)
2. Germany (12.8 tons)
3. France (8.2 tons)
4. Belgium (6.2 tons)
5. United States (3.1 tons)
6. Sweden (2.8 tons)
7. Italy (0.1 tons)

Exports of Safety Pins and Other Pins; of Iron or Steel in the Netherlands

Exports of safety pins and other pins; of iron or steels from the Netherlands rose to 75 tons in 2022, picking up by 4.5% against 2021 figures. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 6.9%.

In value terms, exports of safety pins and other pins; of iron or steels shrank to $1M in 2022. The total export value increased at an average annual rate of +9.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, the exports attained the peak of $1.1M, and then contracted modestly in the following year.

Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from the Netherlands in 2022:

1. Belgium (20.8 tons)
2. Germany (14.7 tons)
3. France (7.4 tons)
4. United States (3.7 tons)
5. Czech Republic (3.6 tons)
6. Portugal (2.7 tons)
7. Poland (2.7 tons)
8. Austria (2.7 tons)
9. Denmark (2.6 tons)
10. Spain (2.2 tons)
11. Italy (2.0 tons)
12. Sweden (1.5 tons)
13. Australia (1.3 tons)

Source: IndexBox Market Intelligence Platform