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

Contents:

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

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

In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $15,355 per ton, shrinking by -25.4% against the previous year. In general, the import price recorded a mild setback. The pace of growth was the most pronounced in 2020 an increase of 103% against the previous year. The import price peaked at $23,036 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($23,117 per ton), while the price for Belgium ($9,883 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+31.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Luxembourg (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 $16,710 per ton, waning by -26.3% against the previous year. Over the period under review, the export price recorded a slight setback. The growth pace was the most rapid in 2017 when the average export price increased by 1,187% against the previous year. As a result, the export price attained the peak level of $234,864 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($57,914 per ton), while the average price for exports to Belgium ($11,183 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 (+102.3%), 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 Luxembourg

In 2022, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia into Luxembourg contracted to 21 tons, declining by -6.2% on the previous year. In general, imports saw a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year.

In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia reduced notably to $323K in 2022. Overall, imports faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 24%.

Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany392204233166-24.9%
Belgium15643.255.063.2-26.0%
ItalyN/A1.279.841.9490.9%
Netherlands17.354.655.733.524.6%
Sweden91.434.44.09.8-52.5%
France35.432.79.83.4-54.2%
Spain87.10.7N/AN/A-99.2%
Others53.81.924.45.2-54.1%
Total833373461323-27.1%

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

  1. Germany (10.5 tons)
  2. Belgium (6.4 tons)
  3. Italy (1.8 tons)
  4. Netherlands (1.5 tons)
  5. Sweden (0.5 tons)
  6. France (0.2 tons)

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

In 2022, the amount of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia exported from Luxembourg declined rapidly to 5.3 tons, waning by -50.9% compared with 2021 figures. Overall, exports recorded a dramatic setback. The smallest decline of -3.3% was in 2020.

In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia dropped sharply to $89K in 2022. In general, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of $306K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium45.859.019841.8-3.0%
France15.244.11.528.022.6%
AustriaN/AN/A9.99.4-5.1%
Germany59.549.00.66.1-53.2%
Russia20.569.0N/AN/A236.6%
Czech Republic63.529.1N/AN/A-54.2%
IsraelN/A26.2N/AN/A0%
Others63.730.035.53.8-60.9%
Total26830624689.1-30.7%

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

  1. Belgium (3.7 tons)
  2. France (1.0 tons)
  3. Austria (0.5 tons)
  4. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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