Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ireland - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ireland (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ireland (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ireland
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ireland
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ireland (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $6,911 per ton, with an increase of 40% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia increased by +98.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 42%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($23,594 per ton), while the price for Spain ($4,470 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ireland (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $27,657 per ton in 2022, falling by -71.6% against the previous year. Overall, the export price, however, posted a mild expansion. The most prominent rate of growth was recorded in 2017 an increase of 172%. The export price peaked at $117,613 per ton in 2018; however, from 2019 to 2022, the 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 the United States ($65,311 per ton), while the average price for exports to the UK amounted to $20,341 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ireland
In 2022, purchases abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia was finally on the rise to reach 512 tons after two years of decline. In general, imports, however, continue to indicate a precipitous setback.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $3.5M in 2022. Over the period under review, imports, however, continue to indicate a noticeable decline.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 505 | 996 | 97.2% |
| United Kingdom | 3,251 | 2,022 | 394 | 825 | -36.7% |
| Belgium | N/A | N/A | 125 | 767 | 513.6% |
| Netherlands | 55.4 | 59.5 | 67.6 | 366 | 87.6% |
| Germany | 56.3 | 38.9 | 427 | 204 | 53.6% |
| Italy | 154 | 27.0 | 14.0 | 70.5 | -22.9% |
| Poland | N/A | N/A | N/A | 45.2 | 0% |
| Finland | 100 | N/A | 52.8 | N/A | -27.3% |
| Others | 216 | 184 | 247 | 261 | 6.5% |
| Total | 3,833 | 2,332 | 1,833 | 3,536 | -2.7% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Ireland in 2022:
- Spain (222.9 tons)
- Belgium (148.9 tons)
- United Kingdom (59.2 tons)
- Germany (39.9 tons)
- Netherlands (15.5 tons)
- Italy (14.2 tons)
- Poland (9.0 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ireland
In 2022, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Ireland declined significantly to 2.1 tons, falling by -78.9% against 2021 figures. Overall, exports showed a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year. As a result, the exports attained the peak of 10 tons, and then reduced rapidly in the following year.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia fell markedly to $59K in 2022. Over the period under review, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 85% against the previous year. As a result, the exports reached the peak of $981K, and then shrank markedly in the following year.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 0.4 | 55.5 | 35.6 | 843.4% |
| United States | 49.8 | 109 | 24.8 | 22.5 | -23.3% |
| Switzerland | 722 | 419 | 879 | N/A | 10.3% |
| China | 6.1 | N/A | N/A | N/A | 0% |
| Others | 7.5 | 0.9 | 21.2 | 0.9 | -50.7% |
| Total | 785 | 529 | 981 | 58.9 | -57.8% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Ireland in 2022:
- United Kingdom (1749.0 kg)
- United States (344.0 kg)
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