Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Ireland - 2024

Contents:

1. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Ireland (CIF) - 2024
2. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Ireland (FOB) - 2022
3. Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Ireland
4. Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Ireland

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Ireland (CIF) - 2024

The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $13,621 per ton in April 2024, picking up by 4.2% against the previous month. Overall, the import price enjoyed pronounced growth. The growth pace was the most rapid in August 2023 when the average import price increased by 189% against the previous month. The import price peaked at $37,326 per ton in December 2023; however, from January 2024 to April 2024, import prices stood at a somewhat lower figure.

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 ($67,522 per ton), while the price for Germany ($9,646 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 UK (+5.7%), 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 Ireland (FOB) - 2022

In 2022, the average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $2,392 per ton, waning by -60.2% against the previous year. Overall, the export price, however, showed a slight increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 105% against the previous year. The export price peaked at $6,017 per ton in 2021, and then reduced remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($39,735 per ton), while the average price for exports to the United States ($1,995 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 Canada (+45.6%), 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 Ireland

In 2022, the amount of stainless steel, flat-rolled, width less than 600mm, cold-rolleds imported into Ireland soared to 273 tons, with an increase of 54% compared with the previous year's figure. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds surged to $2.5M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Ireland in 2022:

1. United Kingdom (121.8 tons)
2. Germany (63.1 tons)
3. Japan (26.4 tons)
4. Italy (20.8 tons)
5. Sweden (10.5 tons)
6. Turkey (10.4 tons)
7. South Africa (5.6 tons)
8. United States (1.9 tons)

Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Ireland

Exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds from Ireland soared to 32 tons in 2022, jumping by 1,385% on the previous year. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,517%. As a result, the exports attained the peak of 64 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds surged to $77K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,910%. As a result, the exports reached the peak of $325K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Ireland in 2022:

1. United States (30.7 tons)
2. Philippines (1.2 tons)

Source: IndexBox Market Intelligence Platform