Price for Steel, Stainless; Ingots and Other Primary Forms in the Netherlands - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in the Netherlands (CIF) - 2023
- Price for Steel, Stainless; Ingots and Other Primary Forms in the Netherlands (FOB) - 2023
- Imports of Steel, Stainless; Ingots and Other Primary Forms in the Netherlands
- Exports of Steel, Stainless; Ingots and Other Primary Forms in the Netherlands
Price for Steel, Stainless; Ingots and Other Primary Forms in the Netherlands (CIF) - 2023
The average import price for steel, stainless; ingots and other primary formses stood at $2,230 per ton in October 2023, waning by -8.9% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 22% month-to-month. Over the period under review, average import prices attained the maximum at $3,548 per ton in January 2023; however, from February 2023 to October 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Kazakhstan ($2,563 per ton), while the price for Ukraine stood at $2,063 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Ingots and Other Primary Forms in the Netherlands (FOB) - 2023
In October 2023, the average export price for steel, stainless; ingots and other primary formses amounted to $35,869 per ton, jumping by 611% against the previous month. Over the period under review, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In October 2023, the country with the highest price was the UK ($13,601 per ton), while the average price for exports to Malaysia totaled $11,236 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Ingots and Other Primary Forms in the Netherlands
In 2022, approx. 6.1K tons of steel, stainless; ingots and other primary formses were imported into the Netherlands; waning by -20.4% compared with 2021. Over the period under review, imports faced a deep downturn. The smallest decline of -0.2% was in 2020.
In value terms, imports of steel, stainless; ingots and other primary formses soared to $22M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Ingots and Other Primary Forms in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 0.1 | N/A | N/A | 11.2 | 382.0% |
| Ukraine | 3.6 | 2.8 | 3.9 | 4.3 | 6.1% |
| Russia | 12.0 | 8.9 | 7.7 | 3.0 | -37.0% |
| Germany | 1.2 | 1.7 | 0.8 | 0.9 | -9.1% |
| Poland | 0.2 | 0.1 | N/A | 0.6 | 44.2% |
| Estonia | 0.3 | N/A | N/A | 0.5 | 18.6% |
| France | N/A | N/A | N/A | 0.4 | 0% |
| Belgium | 1.5 | 1.4 | 2.4 | 0.1 | -59.5% |
| Belarus | 0.7 | 1.0 | N/A | N/A | 42.9% |
| Others | 1.1 | 2.2 | 2.8 | 0.8 | -10.1% |
| Total | 20.6 | 18.0 | 17.6 | 21.8 | 1.9% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to the Netherlands in 2022:
- Kazakhstan (2658.9 tons)
- Ukraine (1286.4 tons)
- Russia (902.6 tons)
- Germany (681.1 tons)
- France (135.9 tons)
- Estonia (114.1 tons)
- Poland (95.1 tons)
- Belgium (50.9 tons)
Exports of Steel, Stainless; Ingots and Other Primary Forms in the Netherlands
In 2022, the amount of steel, stainless; ingots and other primary formses exported from the Netherlands soared to 3.5K tons, jumping by 45% against the previous year. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of steel, stainless; ingots and other primary formses rose notably to $12M in 2022. Over the period under review, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 57%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Steel, Stainless; Ingots and Other Primary Forms in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.0 | 1.7 | 2.8 | 5.0 | 35.7% |
| Germany | 8.1 | 4.0 | 6.6 | 4.3 | -19.0% |
| France | N/A | N/A | N/A | 0.7 | 0% |
| Others | 0.8 | 0.9 | 1.0 | 1.8 | 31.0% |
| Total | 10.9 | 6.6 | 10.5 | 11.8 | 2.7% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from the Netherlands in 2022:
- Germany (1939.1 tons)
- Belgium (1212.4 tons)
- France (209.0 tons)
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