Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands - 2023

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands (CIF) - 2022
2. Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands (FOB) - 2022
3. Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands
4. Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands (CIF) - 2022

In 2022, the average import price for steel, alloy amounted to $3,589 per ton, with an increase of 69% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, alloy increased by +76.5% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($3,614 per ton) and Poland ($3,410 per ton), while the price for Belgium ($3,175 per ton) and Italy ($3,338 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands (FOB) - 2022

The average export price for steel, alloy stood at $3,365 per ton in 2022, rising by 35% against the previous year. Overall, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 49%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($4,322 per ton), while the average price for exports to India ($985 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 Norway (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands

Imports of steel, alloy into the Netherlands skyrocketed to 7.1K tons in 2022, rising by 496% on the previous year's figure. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, alloy skyrocketed to $25M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to the Netherlands in 2022:

1. Germany (5.9K tons)
2. Italy (0.1K tons)
3. Poland (0.1K tons)
4. Belgium (0.1K tons)
5. Spain (0.1K tons)

Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands

In 2022, after three years of growth, there was significant decline in overseas shipments of steel, alloy, when their volume decreased by -95.6% to 1.1K tons. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 5,547% against the previous year.

In value terms, exports of steel, alloy dropped dramatically to $3.8M in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 7,205%.

Top Export Markets for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented from the Netherlands in 2022:

1. Switzerland (654.0 tons)
2. Czech Republic (193.8 tons)
3. India (161.5 tons)
4. Morocco (70.6 tons)

Source: IndexBox Market Intelligence Platform