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

Contents:

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

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

The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $5,052 per ton in 2022, jumping by 31% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $5,352 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Sweden ($6,646 per ton), while the price for Finland ($4,105 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $5,726 per ton in 2022, picking up by 3.3% against the previous year. Overall, the export price, however, saw a perceptible reduction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices reached the maximum at $11,103 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat 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 Germany ($56,231 per ton), while the average price for exports to Angola ($2,480 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 Spain (+58.8%), 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 Norway

Imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds into Norway expanded modestly to 3.6K tons in 2022, rising by 4% on 2021 figures. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 57% against the previous year. As a result, imports attained the peak of 4K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds surged to $18M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.4% 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 +97.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 47%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Finland (1299.6 tons)
2. Germany (668.2 tons)
3. China (427.0 tons)
4. Taiwan (Chinese) (272.9 tons)
5. Sweden (256.8 tons)
6. Belgium (232.8 tons)
7. Denmark (113.1 tons)
8. Romania (89.6 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of stainless steel, flat-rolled, width less than 600mm, cold-rolleds, when their volume decreased by -18.5% to 44 tons. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 142%.

In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds reduced dramatically to $254K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 85% against the previous year.

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

1. Sweden (24.8 tons)
2. United Kingdom (8.1 tons)
3. Angola (7.5 tons)
4. Thailand (1.6 tons)
5. Russia (1.1 tons)
6. Germany (0.7 tons)

Source: IndexBox Market Intelligence Platform