Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Belgium - 2023

Contents:

  1. Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Belgium (CIF) - 2022
  2. Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Belgium (FOB) - 2022
  3. Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Belgium
  4. Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Belgium

Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Belgium (CIF) - 2022

The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $11,645 per ton in 2022, surging by 27% against the previous year. In general, the import price posted a perceptible expansion. The most prominent rate of growth was recorded in 2021 an increase of 41% against the previous year. Over the period under review, average import prices hit record highs at $11,649 per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($16,784 per ton), while the price for India ($6,318 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Belgium (FOB) - 2022

The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $12,019 per ton in 2022, rising by 36% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia increased by +68.0% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($23,424 per ton), while the average price for exports to Ghana ($3,138 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 France (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Belgium

In 2022, supplies from abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia was finally on the rise to reach 1.5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt contraction.

In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $18M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +41.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.71.62.46.455.6%
Germany4.23.32.93.4-6.8%
Netherlands2.32.92.12.52.8%
Sweden1.31.51.81.67.2%
Italy0.71.01.21.219.7%
ChinaN/A0.10.20.9200.0%
Spain1.21.51.40.8-12.6%
Others1.41.21.51.2-5.0%
Total12.713.013.518.012.3%

Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Belgium in 2022:

  1. France (626.0 tons)
  2. Germany (260.1 tons)
  3. Netherlands (218.2 tons)
  4. Sweden (121.0 tons)
  5. China (103.1 tons)
  6. Italy (69.5 tons)
  7. Spain (60.8 tons)

Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Belgium

In 2022, shipments abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -27% to 1.3K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 19%.

In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia fell modestly to $15M in 2022. The total export value increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 25%.

Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China49.91,5903765,435377.6%
France2,7573,2103,9192,393-4.6%
Germany3184171,4152,32794.1%
United States3051252,84764628.4%
Switzerland6.66.85.5551337.1%
Greece23.75.878.7497175.8%
Brazil28.32.275.7479156.8%
Netherlands1,0299121,159376-28.5%
United Kingdom15310842836233.3%
Spain666583577266-26.4%
Italy820167360168-41.0%
Poland8751,109847111-49.8%
Ghana0.11.613.073.0800.4%
Others3,2824,6303,1001,406-24.6%
Total10,31512,86715,20215,09113.5%

Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Belgium in 2022:

  1. China (460.3 tons)
  2. Germany (222.9 tons)
  3. France (137.3 tons)
  4. Switzerland (44.0 tons)
  5. Spain (39.6 tons)
  6. Brazil (35.4 tons)
  7. Netherlands (34.0 tons)
  8. Greece (33.3 tons)
  9. Poland (31.6 tons)
  10. United States (27.6 tons)
  11. Italy (27.4 tons)
  12. United Kingdom (27.3 tons)
  13. Ghana (23.3 tons)

Source: IndexBox Market Intelligence Platform

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