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

Contents:

  1. Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Spain (FOB) - 2022
  2. Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Spain (CIF) - 2023
  3. Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Spain
  4. Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Spain

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

The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $14,033 per ton in 2022, surging by 2.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 36%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($28,824 per ton), while the average price for exports to Chile ($4,483 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 South Korea (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $12,540 per ton in November 2023, growing by 16% against the previous month. Overall, the import price continues to indicate a moderate increase. The most prominent rate of growth was recorded in May 2023 an increase of 88% month-to-month. As a result, import price attained the peak level of $21,270 per ton. From June 2023 to November 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From December 2022 to November 2023, the rate of growth in terms of prices for Poland amounted to +77.1% per month.

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

In 2022, after two years of decline, there was significant growth in shipments abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia, when their volume increased by 20% to 15K tons. Overall, exports, however, recorded a abrupt descent.

In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $208M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations 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; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany29.323.434.337.48.5%
United States27.220.010.731.14.6%
Chile0.20.1N/A16.1331.8%
Italy15.311.211.114.9-0.9%
China16.329.611.211.9-10.0%
Netherlands5.45.35.211.629.0%
Qatar6.67.26.57.75.3%
South Korea15.62.41.16.3-26.1%
United Arab Emirates3.45.10.66.222.2%
Austria3.42.92.65.819.5%
Belgium0.60.80.84.8100.0%
United Kingdom8.45.12.34.6-18.2%
Portugal1.32.21.02.320.9%
Others66.357.782.547.6-10.5%
Total1991731702081.5%

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

  1. Chile (3.6K tons)
  2. United States (2.1K tons)
  3. Germany (2.1K tons)
  4. Italy (1.0K tons)
  5. China (0.8K tons)
  6. Netherlands (0.7K tons)
  7. United Arab Emirates (0.5K tons)
  8. Austria (0.5K tons)
  9. Qatar (0.3K tons)
  10. United Kingdom (0.3K tons)
  11. Belgium (0.3K tons)
  12. South Korea (0.3K tons)
  13. Portugal (0.2K tons)

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

In 2022, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia into Spain reduced dramatically to 4.1K tons, dropping by -17.2% against the previous year. In general, imports showed a abrupt contraction. The smallest decline of -5.5% was in 2021.

In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia shrank slightly to $32M in 2022. Overall, imports continue to indicate a slight downturn. The pace of growth was the most pronounced in 2021 when imports increased by 6.4% against the previous year.

Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria17.317.816.116.1-2.4%
Sweden3.03.14.14.010.1%
Germany2.02.12.52.69.1%
France1.00.81.72.230.1%
Italy2.11.01.72.10.0%
Ukraine1.90.71.41.1-16.7%
India2.61.01.01.1-24.9%
Portugal0.90.91.60.2-39.4%
Others3.53.32.53.1-4.0%
Total34.330.832.732.4-1.9%

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

  1. Austria (2114.8 tons)
  2. Sweden (421.0 tons)
  3. Italy (388.1 tons)
  4. France (262.3 tons)
  5. Germany (223.3 tons)
  6. India (173.4 tons)
  7. Ukraine (138.0 tons)
  8. Portugal (66.7 tons)

Source: IndexBox Market Intelligence Platform

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