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Germany - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Germany - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jul 21, 2023

Germany Sees 7% Price Hike for Iron Angles, Reaching $1,169 per Ton

Germany Iron Angle Export Price in April 2023

In April 2023, the iron angle price amounted to $1,169 per ton (FOB, Germany), picking up by 6.9% against the previous month. Overall, the export price, however, recorded a mild slump. The pace of growth appeared the most rapid in May 2022 an increase of 8.5% m-o-m. The export price peaked at $1,457 per ton in June 2022; however, from July 2022 to April 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In April 2023, the countries with the highest prices were the United States ($1,463 per ton) and Italy ($1,286 per ton), while the average price for exports to Denmark ($1,060 per ton) and the Netherlands ($1,068 per ton) were amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-0.4%), while the prices for the other major destinations experienced a decline.

COUNTRYExport Price of Iron Angle in Germany (USD per ton)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
United States1,9671,7811,3961,6951,4211,3011,4701,5501,2591,2441,6061,6061,463
Italy1,3431,4841,4621,2971,6221,1471,2641,2061,3081,2551,2301,2271,286
Sweden1,3401,5511,5921,4931,6141,3111,2651,3181,3241,2411,1851,1931,255
Hungary1,2621,4331,5001,3981,5141,1181,1591,1781,1721,0781,0731,1091,201
United Kingdom1,3121,3541,3351,3091,3381,3111,0761,2871,1811,1491,2071,1071,182
Czech Republic1,3201,4161,4671,2371,3841,0881,1711,1791,0581,0921,1081,0781,129
France1,3581,3891,4401,4011,3481,0771,1151,1241,2181,1021,0251,0491,124
Austria1,2811,4071,4491,3161,3761,1891,1661,1841,2121,1191,2591,0501,118
Belgium1,5051,5531,4821,3001,2871,1951,2161,2291,2011,1001,1191,0401,102
Switzerland1,3231,4541,4891,3621,3121,2301,1871,1711,0851,0751,0421,0131,101
Poland1,2191,3341,5011,3071,2851,1571,1861,2031,1781,0821,0321,0051,070
Netherlands1,2691,3191,3511,2241,2511,1241,1931,1701,1161,0601,0461,0151,068
Denmark1,4211,5821,5811,4601,4121,2251,1631,1961,1531,1651,1001,0321,060
Average1,3131,4241,4571,3361,3711,1861,2031,2371,1651,1261,1341,0941,169

Germany Iron Angle Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was iron or non-alloy steel; u, i or h sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm ($1,782 per ton), while the average price for exports of h-sections of of non-alloy steel ($1,061 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for the following types: iron or non-alloy steel; u, i or h sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm (+0.5%), while the prices for the other products experienced a decline.

Germany Iron Angle Exports

Iron angle exports from Germany declined remarkably to 89K tons in April 2023, dropping by -19.7% on the previous month's figure. In general, exports showed a perceptible slump. The most prominent rate of growth was recorded in September 2022 when exports increased by 172% m-o-m.

In value terms, iron angle exports reduced to $104M (IndexBox estimates) in April 2023. Over the period under review, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in September 2022 when exports increased by 135% month-to-month.

Germany Iron Angle Exports by Type

H-sections of of non-alloy steel (48K tons) was the largest type of iron angle exported from Germany, with a 54% share of total exports. Moreover, h-sections of of non-alloy steel exceeded the volume of the second product type, i-sections of non-alloy steel (18K tons), threefold. The third position in this ranking was held by u-sections of non-alloy steel (11K tons), with a 12% share.

From April 2022 to April 2023, the average monthly growth rate of the volume of export of h-sections of of non-alloy steel amounted to -2.3%. With regard to the other exported products, the following average monthly rates of growth were recorded: i-sections of non-alloy steel (-3.1% per month) and u-sections of non-alloy steel (-1.9% per month).

In value terms, h-sections of of non-alloy steel ($51M) remains the largest type of iron angle exported from Germany, comprising 49% of total exports. The second position in the ranking was held by i-sections of non-alloy steel ($20M), with a 19% share of total exports. It was followed by iron or non-alloy steel; angles, shapes and sections, n.e.s. in heading no. 7216, hot-rolled, hot-drawn or extruded, with a 15% share.

From April 2022 to April 2023, the average monthly growth rate of the export volume of h-sections of of non-alloy steel stood at -3.7%. With regard to the other exported products, the following average monthly rates of growth were recorded: i-sections of non-alloy steel (-4.1% per month) and iron or non-alloy steel; angles, shapes and sections, n.e.s. in heading no. 7216, hot-rolled, hot-drawn or extruded (+0.3% per month).

Germany Iron Angle Exports by Country

the Netherlands (19K tons) was the main destination for iron angle exports from Germany, with a 22% share of total exports. Moreover, iron angle exports to the Netherlands exceeded the volume sent to the second major destination, Poland (8.5K tons), twofold. The third position in this ranking was taken by the Czech Republic (6.8K tons), with a 7.7% share.

From April 2022 to April 2023, the average monthly growth rate of volume to the Netherlands amounted to -2.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Poland (-4.9% per month) and the Czech Republic (+2.5% per month).

In value terms, the Netherlands ($21M) remains the key foreign market for iron angle exports from Germany, comprising 20% of total exports. The second position in the ranking was held by Poland ($9.1M), with an 8.7% share of total exports. It was followed by the Czech Republic, with a 7.4% share.

From April 2022 to April 2023, the average monthly growth rate of value to the Netherlands amounted to -3.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Poland (-5.9% per month) and the Czech Republic (+1.1% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron angle market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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