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

Contents:

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

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

In April 2024, the average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $4,459 per ton, with an increase of 29% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was France ($7,646 per ton), while the price for Finland ($2,952 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 Italy (+7.3%), 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 Portugal (FOB) - 2022

The average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $2,919 per ton in 2022, reducing by -30.5% against the previous year. In general, the export price, however, saw tangible growth. The most prominent rate of growth was recorded in 2013 an increase of 131%. As a result, the export price reached the peak level of $5,134 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($17,821 per ton), while the average price for exports to Bulgaria ($2,546 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 Poland (+13.5%), 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 Portugal

In 2022, the amount of stainless steel, flat-rolled, width less than 600mm, cold-rolleds imported into Portugal shrank to 7.6K tons, falling by -14.6% against the previous year. In general, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 6.3% against the previous year. As a result, imports attained the peak of 8.9K tons, and then contracted in the following year.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds expanded to $28M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23%. Over the period under review, imports of hit record highs 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 Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain13.811.516.317.99.1%
Italy2.54.14.53.28.6%
Finland2.02.12.52.34.8%
Germany1.72.11.92.17.3%
France1.41.11.31.2-5.0%
Others0.91.10.51.210.1%
Total22.322.027.227.97.8%

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

  1. Spain (5.2K tons)
  2. Italy (0.8K tons)
  3. Germany (0.6K tons)
  4. Finland (0.5K tons)
  5. France (0.2K tons)

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

In 2022, approx. 35 tons of stainless steel, flat-rolled, width less than 600mm, cold-rolleds were exported from Portugal; which is down by -15.5% compared with the year before. In general, exports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 8.4%.

In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds fell remarkably to $103K in 2022. Over the period under review, exports saw a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by 52%.

Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria52.013.195.176.813.9%
Spain69.852.530.321.8-32.2%
Italy29427.9N/AN/A-90.5%
Others26.822.550.44.6-44.4%
Total442116176103-38.5%

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

  1. Bulgaria (30.2 tons)
  2. Spain (5.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, stainless; flat-rolled, width less than 600mm, cold-rolled - Portugal