Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Germany - 2024
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Germany (CIF) - 2024
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Germany (FOB) - 2024
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Germany
- Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Germany
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Germany (CIF) - 2024
The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $6,030 per ton in April 2024, picking up by 62% against the previous month. Overall, import price indicated slight growth from April 2023 to April 2024: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2024 figures, import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds increased by +62.3% against March 2024 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was the United States ($10,807 per ton), while the price for India ($4,721 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by the United States (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Germany (FOB) - 2024
The average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $6,112 per ton in April 2024, with an increase of 39% against the previous month. Over the period from April 2023 to April 2024, it increased at an average monthly rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In April 2024, the country with the highest price was Turkey ($11,004 per ton), while the average price for exports to Bosnia and Herzegovina ($3,070 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Germany
For the fourth consecutive year, Germany recorded growth in overseas purchases of stainless steel, flat-rolled, width less than 600mm, cold-rolleds, which increased by 0.8% to 205K tons in 2022. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 15%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds soared to $941M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 37%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 119 | 93.5 | 161 | 198 | 18.5% |
| France | 124 | 107 | 140 | 172 | 11.5% |
| Finland | 65.6 | 95.4 | 102 | 129 | 25.3% |
| Romania | 34.7 | 51.6 | 66.1 | 97.8 | 41.3% |
| Belgium | 72.2 | 62.5 | 74.0 | 93.9 | 9.2% |
| Spain | 40.6 | 36.1 | 58.0 | 68.2 | 18.9% |
| Netherlands | 15.9 | 27.4 | 46.3 | 43.3 | 39.6% |
| Others | 126 | 81.6 | 111 | 138 | 3.1% |
| Total | 597 | 555 | 758 | 941 | 16.4% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Germany in 2022:
- Italy (45.5K tons)
- France (42.3K tons)
- Finland (31.2K tons)
- Romania (18.4K tons)
- Belgium (18.2K tons)
- Spain (16.4K tons)
- Netherlands (11.2K tons)
Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Germany
In 2022, the amount of stainless steel, flat-rolled, width less than 600mm, cold-rolleds exported from Germany reduced slightly to 179K tons, remaining stable against the previous year. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. As a result, the exports attained the peak of 181K tons, and then dropped modestly in the following year.
In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds soared to $887M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +61.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 37% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 75.0 | 66.2 | 99.8 | 113 | 14.6% |
| Italy | 44.6 | 32.3 | 65.1 | 78.8 | 20.9% |
| France | 64.5 | 53.9 | 59.2 | 75.0 | 5.2% |
| Czech Republic | 47.3 | 39.1 | 50.4 | 69.3 | 13.6% |
| Poland | 48.1 | 47.4 | 60.2 | 66.1 | 11.2% |
| United Kingdom | 33.7 | 29.5 | 50.8 | 54.9 | 17.7% |
| Switzerland | 43.4 | 36.7 | 47.2 | 49.8 | 4.7% |
| Sweden | 27.5 | 24.4 | 31.2 | 49.5 | 21.6% |
| Netherlands | 38.0 | 30.8 | 41.1 | 45.6 | 6.3% |
| United States | 28.2 | 20.6 | 31.1 | 38.2 | 10.6% |
| Spain | 20.3 | 19.0 | 25.0 | 24.6 | 6.6% |
| Hungary | 16.9 | 15.0 | 13.9 | 18.5 | 3.1% |
| Belgium | 12.7 | 11.6 | 15.2 | 16.0 | 8.0% |
| Others | 119 | 124 | 162 | 187 | 16.3% |
| Total | 619 | 550 | 753 | 887 | 12.7% |
Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Germany in 2022:
- Austria (23.3K tons)
- Poland (18.9K tons)
- Czech Republic (17.1K tons)
- France (16.8K tons)
- Italy (14.9K tons)
- Netherlands (11.5K tons)
- Sweden (9.3K tons)
- Switzerland (8.6K tons)
- United Kingdom (7.6K tons)
- Spain (5.1K tons)
- United States (5.0K tons)
- Hungary (4.8K tons)
- Belgium (4.4K tons)
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