Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Norway - 2024
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Norway (CIF) - 2024
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Norway (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Norway
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Norway
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Norway (CIF) - 2024
In January 2024, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $12,508 per ton, approximately mirroring the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 47% m-o-m. As a result, import price reached the peak level of $21,042 per ton. From July 2023 to January 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($60,486 per ton), while the price for Germany ($8,234 per ton) was amongst the lowest.
From March 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Denmark (+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 Norway (FOB) - 2022
The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $27,178 per ton in 2022, surging by 47% against the previous year. In general, the export price recorded strong growth. The most prominent rate of growth was recorded in 2013 an increase of 55%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($151,885 per ton), while the average price for exports to the UK ($6,327 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 Malaysia (+22.8%), 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 Norway
In 2022, overseas purchases of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia were finally on the rise to reach 1.9K tons after two years of decline. Overall, imports, however, showed a pronounced reduction.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $20M in 2022. Over the period under review, imports enjoyed buoyant growth. 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 Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 3.4 | 1.1 | 1.3 | 6.8 | 26.0% |
Germany | 0.8 | 0.9 | 0.6 | 2.8 | 51.8% |
Spain | 2.5 | 1.3 | 0.5 | 2.8 | 3.8% |
Sweden | 6.6 | 4.5 | 3.7 | 2.7 | -25.8% |
Italy | 0.4 | 0.5 | 0.3 | 1.0 | 35.7% |
China | N/A | N/A | 0.1 | 1.0 | 900.0% |
Austria | 1.0 | 0.7 | 0.6 | 0.8 | -7.2% |
Others | 1.7 | 2.1 | 0.9 | 2.0 | 5.6% |
Total | 16.6 | 11.2 | 8.1 | 19.8 | 6.1% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Norway in 2022:
- France (626.2 tons)
- Germany (302.4 tons)
- Spain (296.1 tons)
- Sweden (276.0 tons)
- China (155.8 tons)
- Austria (94.4 tons)
- Italy (56.9 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Norway
In 2022, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia from Norway soared to 89 tons, rising by 105% on the previous year. Over the period under review, exports, however, showed a deep reduction.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $2.4M in 2022. In general, exports continue to indicate a resilient increase. As a result, the exports reached 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 Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 23.0 | N/A | 0.2 | 1,442 | 297.3% |
Germany | 136 | 25.3 | 60.0 | 344 | 36.3% |
Poland | 3.7 | 3.1 | 84.7 | 216 | 287.9% |
United Kingdom | 86.9 | 81.5 | 15.9 | 161 | 22.8% |
Singapore | 875 | 43.3 | 0.3 | 96.9 | -52.0% |
Denmark | 0.5 | 169 | 3.0 | 20.9 | 247.1% |
Netherlands | 14.9 | 3.2 | 200 | 6.4 | -24.5% |
Russia | 155 | 268 | 22.8 | 0.2 | -89.1% |
Others | 326 | 198 | 416 | 122 | -27.9% |
Total | 1,621 | 792 | 802 | 2,408 | 14.1% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Norway in 2022:
- Italy (34.0 tons)
- United Kingdom (25.5 tons)
- Poland (15.5 tons)
- Germany (5.3 tons)
- Singapore (2.7 tons)
- Denmark (1.6 tons)
- Netherlands (0.6 tons)
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