Alloy Steel Powders Price in Belgium - 2023

Contents:

1. Alloy Steel Powders Price in Belgium (FOB) - 2023
2. Alloy Steel Powders Price in Belgium (CIF) - 2022
3. Alloy Steel Powders Exports in Belgium
4. Alloy Steel Powders Imports in Belgium

Alloy Steel Powders Price in Belgium (FOB) - 2023

In June 2023, the average alloy steel powders export price amounted to $8,808 per ton, dropping by -2.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in July 2022 an increase of 50% month-to-month. The export price peaked at $10,555 per ton in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was China ($11,745 per ton), while the average price for exports to Romania ($1,423 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Alloy Steel Powders Price in Belgium (CIF) - 2022

The average alloy steel powders import price stood at $3,160 per ton in 2022, with an increase of 21% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs at $5,759 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($17,678 per ton), while the price for France ($1,584 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+14.9%), while the prices for the other major suppliers experienced a decline.

Alloy Steel Powders Exports in Belgium

In 2022, after three years of growth, there was significant decline in overseas shipments of alloy steel powderses, when their volume decreased by -8.7% to 11K tons. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 61%.

In value terms, alloy steel powders exports surged to $102M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 27%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Alloy Steel Powders from Belgium in 2022:

1. Germany (5.0K tons)
2. United Kingdom (2.4K tons)
3. China (1.5K tons)
4. United States (0.2K tons)
5. Italy (0.2K tons)
6. Japan (0.2K tons)

Alloy Steel Powders Imports in Belgium

In 2022, supplies from abroad of alloy steel powderses decreased by -7.6% to 3K tons, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 354%. As a result, imports attained the peak of 3.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, alloy steel powders imports rose sharply to $9.5M in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 269% against the previous year. As a result, imports reached the peak of $16M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Alloy Steel Powders to Belgium in 2022:

1. United States (1275.7 tons)
2. Canada (914.0 tons)
3. United Kingdom (393.6 tons)
4. China (253.1 tons)
5. Germany (84.2 tons)
6. France (77.7 tons)
7. Sweden (0.1 tons)

Source: IndexBox Market Intelligence Platform