Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Norway - 2024
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Norway (CIF) - 2022
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Norway (FOB) - 2022
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Norway
- 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.
Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 1.4 | 1.9 | 5.3 | 5.3 | 55.9% |
Germany | 0.4 | 1.8 | 2.3 | 3.4 | 104.1% |
China | 0.2 | 3.7 | 0.6 | 2.2 | 122.4% |
Taiwan (Chinese) | 0.6 | 0.5 | 0.7 | 1.8 | 44.2% |
Sweden | 2.8 | 2.5 | 1.6 | 1.7 | -15.3% |
Belgium | N/A | N/A | 0.1 | 1.0 | 900.0% |
Romania | 0.2 | 0.5 | 1.2 | 0.8 | 58.7% |
Denmark | 2.6 | 1.3 | 0.5 | 0.5 | -42.3% |
Others | 0.9 | 1.3 | 0.9 | 1.4 | 15.9% |
Total | 9.2 | 13.5 | 13.3 | 18.0 | 25.1% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Norway in 2022:
- Finland (1299.6 tons)
- Germany (668.2 tons)
- China (427.0 tons)
- Taiwan (Chinese) (272.9 tons)
- Sweden (256.8 tons)
- Belgium (232.8 tons)
- Denmark (113.1 tons)
- 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.
Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 0.5 | 1.7 | 14.3 | 102 | 488.7% |
United Kingdom | 3.6 | N/A | 0.2 | 46.8 | 135.1% |
Germany | N/A | 3.9 | 0.1 | 37.8 | 211.3% |
Thailand | 2.9 | 13.4 | 5.7 | 31.2 | 120.8% |
Angola | N/A | 1.2 | 0.8 | 18.5 | 292.6% |
Russia | N/A | N/A | N/A | 7.1 | 0% |
South Korea | N/A | 87.8 | N/A | N/A | 0% |
Finland | N/A | N/A | 89.8 | N/A | 0% |
Denmark | 1.4 | 75.2 | N/A | N/A | 5271.4% |
Netherlands | N/A | 6.9 | 187 | N/A | 2610.1% |
Others | 103 | 16.0 | 3.6 | 10.4 | -53.4% |
Total | 111 | 206 | 301 | 254 | 31.8% |
Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Norway in 2022:
- Sweden (24.8 tons)
- United Kingdom (8.1 tons)
- Angola (7.5 tons)
- Thailand (1.6 tons)
- Russia (1.1 tons)
- Germany (0.7 tons)
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