Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Spain - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Spain (FOB) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Spain (CIF) - 2023
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Spain
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Spain
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Spain (FOB) - 2022
In 2022, the average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $5,778 per ton, increasing by 41% against the previous year. Overall, the export price, however, recorded a pronounced downturn. Over the period under review, the average export prices hit record highs at $10,439 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($23,843 per ton), while the average price for exports to France ($2,045 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 United States (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Spain (CIF) - 2023
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $5,359 per ton in August 2023, dropping by -26.8% against the previous month. Overall, the import price showed a abrupt decline. The pace of growth was the most pronounced in May 2023 when the average import price increased by 56% m-o-m. Over the period under review, average import prices hit record highs at $13,615 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($19,374 per ton), while the price for Portugal ($1,310 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Spain
Exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia from Spain soared to 28K tons in 2022, increasing by 22% compared with the previous year. The total export volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia surged to $162M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.3 | 12.6 | 16.7 | 30.5 | 31.9% |
| United States | 5.5 | 7.6 | 11.3 | 24.5 | 64.5% |
| France | 14.9 | 13.2 | 19.8 | 23.3 | 16.1% |
| Italy | 11.0 | 8.8 | 8.6 | 13.3 | 6.5% |
| United Kingdom | 4.4 | 6.1 | 10.3 | 13.1 | 43.9% |
| Austria | 4.1 | 3.9 | 3.2 | 11.1 | 39.4% |
| Netherlands | 7.8 | 8.9 | 5.8 | 8.3 | 2.1% |
| Belgium | 0.5 | 1.1 | 1.3 | 4.7 | 111.0% |
| Portugal | 1.1 | 1.0 | 2.3 | 3.5 | 47.1% |
| Hungary | 1.9 | 2.3 | 1.9 | 2.7 | 12.4% |
| China | 39.9 | 23.8 | 3.6 | 1.8 | -64.4% |
| Others | 28.0 | 26.7 | 9.7 | 25.8 | -2.7% |
| Total | 132 | 116 | 94.4 | 162 | 7.1% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Spain in 2022:
- France (11.4K tons)
- Germany (5.0K tons)
- Italy (2.0K tons)
- Portugal (1.7K tons)
- Austria (1.7K tons)
- Hungary (1.2K tons)
- United States (1.0K tons)
- Netherlands (0.7K tons)
- United Kingdom (0.6K tons)
- Belgium (0.6K tons)
- China (0.1K tons)
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Spain
Imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Spain surged to 9.4K tons in 2022, increasing by 31% against 2021. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.4% 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 +56.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $82M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +70.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 20.3 | 21.2 | 30.0 | 47.5 | 32.8% |
| Austria | 21.6 | 16.2 | 12.7 | 13.3 | -14.9% |
| Italy | 1.2 | 1.1 | 2.4 | 3.3 | 40.1% |
| France | 0.6 | 0.7 | 1.6 | 2.8 | 67.1% |
| Germany | 1.5 | 2.5 | 1.8 | 2.5 | 18.6% |
| Sweden | 2.6 | 1.3 | 2.2 | 2.3 | -4.0% |
| Portugal | 1.4 | 0.1 | 0.2 | 0.9 | -13.7% |
| Others | 4.8 | 4.7 | 5.5 | 8.9 | 22.9% |
| Total | 54.1 | 47.8 | 56.3 | 81.6 | 14.7% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Spain in 2022:
- India (5.9K tons)
- Austria (1.4K tons)
- Portugal (0.7K tons)
- France (0.3K tons)
- Italy (0.2K tons)
- Germany (0.2K tons)
- Sweden (0.1K tons)
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