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

Contents:

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

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Luxembourg (CIF) - 2022

The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $4,924 per ton in 2022, growing by 55% against the previous year. Over the period under review, the import price, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2018 an increase of 59%. As a result, import price reached the peak level of $8,149 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($8,662 per ton), while the price for Finland ($1,430 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.1%), 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 Luxembourg (FOB) - 2022

In 2022, the average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $5,109 per ton, jumping by 17% against the previous year. In general, the export price, however, recorded a precipitous decrease. Over the period under review, the average export prices attained the peak figure at $128,925 per ton in 2012; however, from 2013 to 2022, the 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 France ($18,750 per ton), while the average price for exports to Poland ($1,693 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 the Netherlands (-5.8%), while the prices for the other major destinations experienced a decline.

Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Luxembourg

In 2022, purchases abroad of stainless steel, flat-rolled, width less than 600mm, cold-rolleds decreased by -43.4% to 238 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 158%. As a result, imports reached the peak of 421 tons, and then fell significantly in the following year.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds declined to $1.2M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 80%. As a result, imports reached the peak of $1.3M, and then reduced in the following year.

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

1. Germany (131.6 tons)
2. France (93.4 tons)
3. Finland (6.7 tons)
4. Italy (3.7 tons)
5. Belgium (3.0 tons)

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

Exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds from Luxembourg dropped markedly to 43 tons in 2022, shrinking by -57.6% compared with the previous year's figure. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 513% against the previous year. As a result, the exports reached the peak of 101 tons, and then shrank markedly in the following year.

In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds declined remarkably to $220K in 2022. Overall, exports, however, recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of 362%. As a result, the exports attained the peak of $443K, and then fell rapidly in the following year.

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

1. Switzerland (19.6 tons)
2. Belgium (8.0 tons)
3. Poland (6.6 tons)
4. Germany (6.6 tons)
5. France (1.6 tons)

Source: IndexBox Market Intelligence Platform