Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Portugal - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Portugal (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Portugal (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Portugal
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Portugal
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Portugal (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $4,593 per ton, surging by 44% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 +86.1% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($5,494 per ton) and Germany ($5,010 per ton), while the price for Taiwan (Chinese) ($4,147 per ton) and France ($4,446 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.5%), 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 Portugal (FOB) - 2022
In 2022, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $15,643 per ton, surging by 38% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.4% 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 +80.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 92%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($18,835 per ton), while the average price for exports to Thailand ($2,300 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 Angola (+6.3%), 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 Portugal
In 2022, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia into Portugal skyrocketed to 17K tons, picking up by 19% against 2021. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 533% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia skyrocketed to $76M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 718% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 3.5 | 2.6 | 40.1 | 67.4 | 168.0% |
France | 2.1 | 1.9 | 3.4 | 3.2 | 15.1% |
Sweden | N/A | N/A | N/A | 2.0 | 0% |
Taiwan (Chinese) | N/A | 0.1 | 0.1 | 1.7 | 312.3% |
Spain | 2.2 | 0.6 | 0.6 | 0.7 | -31.7% |
Others | 0.9 | 0.4 | 0.4 | 1.3 | 13.0% |
Total | 8.7 | 5.5 | 44.6 | 76.4 | 106.3% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Portugal in 2022:
- United Kingdom (14.6K tons)
- France (0.7K tons)
- Taiwan (Chinese) (0.4K tons)
- Sweden (0.4K tons)
- Spain (0.1K tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Portugal
After three years of growth, shipments abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -39.3% to 373 tons in 2022. In general, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. As a result, the exports reached the peak of 614 tons, and then reduced dramatically in the following year.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia fell dramatically to $5.8M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.9% 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 +33.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. As a result, the exports reached the peak of $7M, and then reduced dramatically in the following year.
Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 2,118 | 2,726 | 3,554 | 3,088 | 13.4% |
Spain | 1,922 | 1,302 | 1,839 | 1,560 | -6.7% |
Belgium | 48.6 | 16.4 | 401 | 435 | 107.6% |
Germany | N/A | 96.6 | N/A | 247 | 59.9% |
Denmark | N/A | 0.1 | 138 | 142 | 3668.3% |
Thailand | 36.7 | 26.3 | 23.0 | 19.4 | -19.1% |
Others | 266 | 194 | 1,025 | 339 | 8.4% |
Total | 4,391 | 4,361 | 6,979 | 5,830 | 9.9% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Portugal in 2022:
- France (174.6 tons)
- Spain (100.7 tons)
- Belgium (37.3 tons)
- Germany (25.5 tons)
- Thailand (8.4 tons)
- Denmark (7.5 tons)
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Portugal.
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Portugal.
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Portugal.
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
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