Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ireland - 2023
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ireland (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ireland (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ireland
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ireland
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ireland (CIF) - 2022
The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $21,689 per ton in 2022, increasing by 382% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($177,290 per ton), while the price for Germany ($4,345 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.4%), 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 Ireland (FOB) - 2022
In 2022, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $11,143 per ton, with an increase of 8.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 229%. The export price peaked at $13,922 per ton in 2013; however, from 2014 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 Taiwan (Chinese) ($17,019 per ton), while the average price for exports to Switzerland ($6,774 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 Vietnam (+55.3%), 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 Ireland
In 2022, supplies from abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -89.4% to 66 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 42%. As a result, imports attained the peak of 621 tons, and then fell dramatically in the following year.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia reduced rapidly to $1.4M in 2022. Over the period under review, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 30%. As a result, imports attained the peak of $2.8M, and then contracted markedly in the following year.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 151 | 228 | 128 | 478 | 46.8% |
| United States | 225 | 403 | 193 | 397 | 20.8% |
| Netherlands | 2.7 | 3.4 | 68.4 | 230 | 340.0% |
| France | 79.8 | 97.8 | 101 | 106 | 9.9% |
| Denmark | 0.5 | 0.8 | 48.2 | 73.8 | 428.5% |
| Germany | 1,139 | 1,183 | 2,110 | 49.1 | -64.9% |
| Others | 711 | 225 | 144 | 90.0 | -49.8% |
| Total | 2,310 | 2,141 | 2,792 | 1,424 | -14.9% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Ireland in 2022:
- United Kingdom (39.5 tons)
- Germany (11.3 tons)
- Denmark (5.4 tons)
- France (3.6 tons)
- United States (2.2 tons)
- Netherlands (2.2 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ireland
For the fourth consecutive year, Ireland recorded growth in shipments abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia, which increased by 112% to 57 tons in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia skyrocketed to $639K in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | 164 | 342 | 108.5% |
| United Kingdom | 7.5 | 3.6 | 7.9 | 208 | 202.7% |
| Taiwan (Chinese) | N/A | N/A | N/A | 37.4 | 0% |
| Portugal | 3.7 | 28.3 | 21.4 | 3.4 | -2.8% |
| Switzerland | N/A | 14.2 | 11.6 | 3.4 | -51.1% |
| United States | 30.1 | 1.8 | 8.5 | 3.2 | -52.6% |
| India | 25.1 | 16.0 | N/A | 0.5 | -72.9% |
| Thailand | 27.9 | N/A | N/A | N/A | 0% |
| Belgium | N/A | 16.5 | 46.2 | N/A | 180.0% |
| Singapore | 10.5 | 7.0 | 6.5 | N/A | -21.3% |
| Czech Republic | N/A | 27.1 | 0.9 | N/A | -96.7% |
| Others | 2.5 | 33.6 | 10.5 | 40.8 | 153.7% |
| Total | 107 | 148 | 278 | 639 | 81.4% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Ireland in 2022:
- United Kingdom (29.6 tons)
- Mexico (21.9 tons)
- Taiwan (Chinese) (2.2 tons)
- Switzerland (0.5 tons)
- United States (0.2 tons)
- Portugal (0.2 tons)
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