Price for Steel, Alloy; Angles, Shapes and Sections in Sweden - 2023
Contents:
- Price for Steel, Alloy; Angles, Shapes and Sections in Sweden (FOB) - 2022
- Price for Steel, Alloy; Angles, Shapes and Sections in Sweden (CIF) - 2022
- Exports of Steel, Alloy; Angles, Shapes and Sections in Sweden
- Imports of Steel, Alloy; Angles, Shapes and Sections in Sweden
Price for Steel, Alloy; Angles, Shapes and Sections in Sweden (FOB) - 2022
The average export price for steel, alloy; angles, shapes and sectionses stood at $1,345 per ton in 2022, increasing by 13% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 14% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,390 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,787 per ton), while the average price for exports to Romania ($794 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 UK (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Steel, Alloy; Angles, Shapes and Sections in Sweden (CIF) - 2022
The average import price for steel, alloy; angles, shapes and sectionses stood at $2,303 per ton in 2022, increasing by 26% against the previous year. Overall, the import price, however, recorded a deep slump. Over the period under review, average import prices reached the maximum at $4,065 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($11,238 per ton), while the price for Italy ($1,331 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), while the prices for the other major suppliers experienced a decline.
Exports of Steel, Alloy; Angles, Shapes and Sections in Sweden
Exports of steel, alloy; angles, shapes and sectionses from Sweden dropped to 29K tons in 2022, with a decrease of -11.1% on the previous year. In general, exports continue to indicate a slight downturn. The pace of growth was the most pronounced in 2021 when exports increased by 58%. As a result, the exports reached the peak of 33K tons, and then contracted in the following year.
In value terms, exports of steel, alloy; angles, shapes and sectionses totaled $39M in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 48% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Steel, Alloy; Angles, Shapes and Sections in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 11.2 | 7.1 | 9.7 | 9.9 | -4.0% |
United Kingdom | 3.8 | 2.5 | 5.0 | 4.4 | 5.0% |
Netherlands | 5.4 | 3.3 | 5.5 | 3.9 | -10.3% |
France | 1.0 | 0.7 | 2.0 | 3.4 | 50.4% |
United States | 1.2 | 1.0 | 1.5 | 3.1 | 37.2% |
South Africa | 1.4 | 1.1 | 1.3 | 2.1 | 14.5% |
Poland | 2.1 | 1.9 | 2.4 | 1.6 | -8.7% |
Norway | 1.1 | 1.3 | 1.5 | 1.4 | 8.4% |
Romania | 2.5 | 1.4 | 1.4 | 1.3 | -19.6% |
Hungary | 0.4 | 0.2 | 0.6 | 0.9 | 31.0% |
Czech Republic | 1.5 | 1.2 | 1.3 | 0.8 | -18.9% |
Estonia | 0.1 | 0.1 | 0.5 | 0.7 | 91.3% |
Belgium | 1.1 | 0.7 | 0.6 | 0.7 | -14.0% |
Others | 3.9 | 3.8 | 5.3 | 4.7 | 6.4% |
Total | 36.7 | 26.1 | 38.7 | 38.9 | 2.0% |
Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from Sweden in 2022:
- Germany (8.8K tons)
- Netherlands (4.3K tons)
- France (2.8K tons)
- United Kingdom (2.7K tons)
- Romania (1.6K tons)
- South Africa (1.2K tons)
- United States (1.1K tons)
- Poland (1.1K tons)
- Belgium (0.8K tons)
- Czech Republic (0.6K tons)
- Estonia (0.6K tons)
- Hungary (0.6K tons)
- Norway (0.6K tons)
Imports of Steel, Alloy; Angles, Shapes and Sections in Sweden
In 2022, approx. 6.4K tons of steel, alloy; angles, shapes and sectionses were imported into Sweden; falling by -11.1% on the previous year's figure. Overall, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 84%. As a result, imports attained the peak of 7.2K tons, and then shrank in the following year.
In value terms, imports of steel, alloy; angles, shapes and sectionses rose markedly to $15M in 2022. In general, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 84%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.
Import of Steel, Alloy; Angles, Shapes and Sections in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 4.0 | 3.1 | 3.7 | 5.8 | 13.2% |
Italy | N/A | 0.9 | 1.4 | 2.8 | 76.4% |
Finland | 2.7 | 1.7 | 4.8 | 2.8 | 1.2% |
United Kingdom | 1.6 | 0.5 | 3.1 | 2.3 | 12.9% |
Denmark | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Czech Republic | 0.8 | 0.2 | N/A | N/A | -75.0% |
Others | 0.1 | 1.0 | 0.9 | 1.0 | 115.4% |
Total | 9.3 | 7.6 | 14.0 | 14.7 | 16.5% |
Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to Sweden in 2022:
- Italy (2.1K tons)
- Finland (2.0K tons)
- United Kingdom (1.5K tons)
- Austria (0.5K tons)
- Denmark (0.1K tons)
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