Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Luxembourg - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Luxembourg (CIF) - 2023
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Luxembourg (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Luxembourg
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Luxembourg
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Luxembourg (CIF) - 2023
In July 2023, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $19,465 per ton, with a decrease of -25.4% against the previous month. Overall, the import price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in December 2022 an increase of 505% m-o-m. As a result, import price reached the peak level of $38,977 per ton. From January 2023 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Sweden ($37,324 per ton), while the price for France ($5,158 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+38.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Luxembourg (FOB) - 2022
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $72,960 per ton in 2022, picking up by 5.5% against the previous year. Overall, the export price recorded significant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 173%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($157,048 per ton), while the average price for exports to Germany ($13,474 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 (+74.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Luxembourg
After three years of growth, supplies from abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia decreased by -32.9% to 118 tons in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia declined to $2M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 38%.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 398 | 653 | 885 | 755 | 23.8% |
| Czech Republic | 10.1 | 69.1 | 105 | 427 | 248.4% |
| Germany | 294 | 235 | 500 | 316 | 2.4% |
| Belgium | 286 | 311 | 528 | 270 | -1.9% |
| France | 127 | 335 | 145 | 112 | -4.1% |
| Italy | 94.6 | 17.8 | 25.6 | 53.8 | -17.1% |
| Sweden | 63.1 | 350 | 12.0 | 24.4 | -27.1% |
| India | 32.3 | 57.9 | 22.1 | 0.3 | -79.0% |
| Others | 189 | 28.3 | 42.5 | 4.9 | -70.4% |
| Total | 1,493 | 2,057 | 2,266 | 1,964 | 9.6% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Luxembourg in 2022:
- Netherlands (40.5 tons)
- Belgium (39.1 tons)
- France (12.6 tons)
- Germany (11.8 tons)
- Czech Republic (10.7 tons)
- Italy (2.6 tons)
- Sweden (0.6 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Luxembourg
In 2022, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia from Luxembourg surged to 14 tons, increasing by 25% compared with 2021. Overall, exports, however, saw a sharp shrinkage.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $1M in 2022. Over the period under review, exports saw resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 179%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 605 | 814 | 34.5% |
| France | 40.2 | 37.7 | 38.6 | 68.2 | 19.3% |
| Germany | 36.7 | 6.8 | 14.9 | 42.1 | 4.7% |
| Israel | N/A | N/A | N/A | 32.0 | 0% |
| India | 214 | 37.3 | 14.2 | 18.0 | -56.2% |
| Estonia | 0.2 | 0.4 | 1.9 | 6.7 | 222.4% |
| Italy | 0.1 | 66.8 | 26.6 | 2.2 | 180.2% |
| United Kingdom | 216 | 0.2 | 1.8 | 0.5 | -86.8% |
| Vietnam | 7.6 | N/A | N/A | N/A | 0% |
| Morocco | 16.0 | 4.8 | N/A | N/A | -70.0% |
| Malta | 58.4 | 23.5 | N/A | N/A | -59.8% |
| Czech Republic | 23.8 | N/A | N/A | N/A | 0% |
| Others | 52.5 | 104 | 82.8 | 54.2 | 1.1% |
| Total | 665 | 281 | 786 | 1,038 | 16.0% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Luxembourg in 2022:
- China (6.8 tons)
- Germany (3.1 tons)
- France (1.9 tons)
- Israel (1.0 tons)
- Estonia (0.4 tons)
- India (0.3 tons)
- Italy (0.1 tons)
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