Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Austria - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Austria (FOB) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Austria (CIF) - 2023
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Austria
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Austria
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Austria (FOB) - 2022
In 2022, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $8,525 per ton, with an increase of 27% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia increased by +42.3% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($11,068 per ton), while the average price for exports to the United States ($6,444 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 Italy (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Austria (CIF) - 2023
In September 2023, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $6,872 per ton, falling by -22.4% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 253% against the previous month. The import price peaked at $19,958 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($41,801 per ton), while the price for Italy ($4,539 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Austria
For the third year in a row, Austria recorded decline in overseas shipments of steel, stainless; semi-finished products, other than of rectangular cross-sectia, which decreased by -11.6% to 6.2K tons in 2022. Overall, exports faced a abrupt setback. The smallest decline of -4.1% was in 2021.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia expanded significantly to $52M in 2022. Over the period under review, exports showed a relatively flat trend pattern.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 38.2 | 30.8 | 36.1 | 33.7 | -4.1% |
| Germany | 7.7 | 7.1 | 6.9 | 8.1 | 1.7% |
| United States | 1.2 | N/A | N/A | 5.2 | 63.0% |
| Spain | 2.6 | 1.4 | 1.7 | 2.8 | 2.5% |
| Italy | 0.3 | 0.7 | 0.9 | 1.2 | 58.7% |
| Japan | 2.4 | 1.2 | 0.5 | 0.4 | -45.0% |
| Others | 1.5 | 1.2 | 0.8 | 1.3 | -4.7% |
| Total | 53.9 | 42.4 | 46.9 | 52.5 | -0.9% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Austria in 2022:
- France (4020.4 tons)
- United States (802.8 tons)
- Germany (778.9 tons)
- Spain (295.3 tons)
- Italy (104.2 tons)
- Japan (48.1 tons)
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Austria
In 2022, approx. 7.8K tons of steel, stainless; semi-finished products, other than of rectangular cross-sectia were imported into Austria; dropping by -2.3% on the year before. Over the period under review, imports faced a significant decline.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $51M in 2022. Overall, imports showed a abrupt shrinkage.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 49.4 | 34.1 | 5.2 | 40.5 | -6.4% |
| Germany | 6.2 | 3.5 | 21.6 | 7.7 | 7.5% |
| Italy | 4.4 | 2.7 | 16.0 | 2.1 | -21.9% |
| Others | 1.2 | 0.8 | 0.8 | 0.7 | -16.4% |
| Total | 61.1 | 41.1 | 43.6 | 51.1 | -5.8% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Austria in 2022:
- Spain (6.2K tons)
- Germany (1.2K tons)
- Italy (0.3K tons)
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