Stainless Steel Wire Price in the Netherlands - 2023
Contents:
- Stainless Steel Wire Price in the Netherlands (CIF) - 2023
- Stainless Steel Wire Price in the Netherlands (FOB) - 2022
- Stainless Steel Wire Imports in the Netherlands
- Stainless Steel Wire Exports in the Netherlands
Stainless Steel Wire Price in the Netherlands (CIF) - 2023
The average stainless steel wire import price stood at $4,494 per ton in September 2023, rising by 17% against the previous month. Over the period under review, the import price, however, showed a mild curtailment. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 23% m-o-m. Over the period under review, average import prices attained the maximum at $6,030 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 South Korea ($7,261 per ton), while the price for India ($2,504 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Stainless Steel Wire Price in the Netherlands (FOB) - 2022
The average stainless steel wire export price stood at $5,478 per ton in 2022, growing by 20% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stainless steel wire export price increased by +83.5% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 25%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
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 Germany ($5,875 per ton), while the average price for exports to France ($2,880 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 Poland (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Stainless Steel Wire Imports in the Netherlands
In 2022, after three years of growth, there was significant decline in purchases abroad of stainless steel wire, when their volume decreased by -11.8% to 39K tons. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of 44K tons, and then contracted in the following year.
In value terms, stainless steel wire imports expanded sharply to $196M in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 48%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Stainless Steel Wire in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 36.2 | 38.3 | 66.5 | 71.3 | 25.4% |
| South Korea | 1.8 | 27.6 | 37.2 | 53.5 | 209.8% |
| China | 8.7 | 10.5 | 18.2 | 20.6 | 33.3% |
| Germany | 19.0 | 17.1 | 22.2 | 18.4 | -1.1% |
| Belgium | 3.1 | 3.5 | 4.3 | 5.1 | 18.1% |
| France | 4.2 | 3.7 | 4.9 | 4.9 | 5.3% |
| Italy | 1.9 | 2.3 | 3.5 | 4.0 | 28.2% |
| Others | 8.4 | 14.6 | 17.0 | 17.8 | 28.4% |
| Total | 83.3 | 118 | 174 | 196 | 33.0% |
Top Suppliers of Stainless Steel Wire to the Netherlands in 2022:
- India (19.9K tons)
- South Korea (7.8K tons)
- China (4.4K tons)
- Germany (2.5K tons)
- France (0.9K tons)
- Belgium (0.8K tons)
- Italy (0.7K tons)
Stainless Steel Wire Exports in the Netherlands
In 2022, the amount of stainless steel wire exported from the Netherlands rose sharply to 38K tons, growing by 12% against 2021 figures. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% 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 +72.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 56%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, stainless steel wire exports skyrocketed to $211M in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 56%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Stainless Steel Wire in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 36.0 | 72.5 | 90.1 | 119 | 49.0% |
| Italy | 7.0 | 5.8 | 8.5 | 35.3 | 71.5% |
| Belgium | 6.0 | 7.8 | 9.9 | 12.7 | 28.4% |
| Spain | 3.2 | 4.6 | 5.5 | 5.9 | 22.6% |
| Poland | 5.7 | 5.4 | 4.8 | 4.9 | -4.9% |
| France | 5.0 | 3.4 | 4.5 | 2.3 | -22.8% |
| Others | 18.4 | 27.3 | 32.9 | 31.1 | 19.1% |
| Total | 81.4 | 127 | 156 | 211 | 37.4% |
Top Export Markets for Stainless Steel Wire from the Netherlands in 2022:
- Germany (20.2K tons)
- Italy (8.8K tons)
- Belgium (3.4K tons)
- Spain (1.3K tons)
- Poland (0.9K tons)
- France (0.8K tons)
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