Portugal - I-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Alloy Steel I-Sections Price in Portugal - 2023
Contents:
- Non-Alloy Steel I-Sections Price in Portugal (CIF) - 2023
- Non-Alloy Steel I-Sections Price in Portugal (FOB) - 2023
- Non-Alloy Steel I-Sections Imports in Portugal
- Non-Alloy Steel I-Sections Exports in Portugal
Non-Alloy Steel I-Sections Price in Portugal (CIF) - 2023
In September 2023, the average non-alloy steel i-sections import price amounted to $834 per ton, standing approximately at the previous month. Overall, the import price saw a slight contraction. The pace of growth appeared the most rapid in April 2023 an increase of 6% against the previous month. The import price peaked at $1,010 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From September 2022 to September 2023, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per month.
Non-Alloy Steel I-Sections Price in Portugal (FOB) - 2023
In September 2023, the average non-alloy steel i-sections export price amounted to $1,155 per ton, rising by 21% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 115% against the previous month. Over the period under review, the average export prices hit record highs at $2,365 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Cabo Verde ($1,661 per ton), while the average price for exports to Spain ($851 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Alloy Steel I-Sections Imports in Portugal
In 2022, supplies from abroad of i-sections of non-alloy steel decreased by -17% to 62K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a pronounced setback. The growth pace was the most rapid in 2020 with an increase of 8.9%. As a result, imports reached the peak of 77K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, non-alloy steel i-sections imports contracted modestly to $68M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +56.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year. As a result, imports reached the peak of $70M, and then contracted in the following year.
| Import of Non-Alloy Steel I-Sections in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 41.0 | 41.6 | 66.7 | 66.1 | 17.3% |
| Italy | 1.1 | 0.9 | 2.5 | 0.4 | -28.6% |
| Others | 1.2 | 1.4 | 0.4 | 1.5 | 7.7% |
| Total | 43.3 | 43.9 | 69.6 | 67.9 | 16.2% |
Top Suppliers of Non-Alloy Steel I-Sections to Portugal in 2022:
- Spain (60.7K tons)
- Italy (0.3K tons)
Non-Alloy Steel I-Sections Exports in Portugal
In 2022, shipments abroad of i-sections of non-alloy steel decreased by -2.1% to 6.6K tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 11%. As a result, the exports reached the peak of 7.2K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, non-alloy steel i-sections exports skyrocketed to $7.5M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +73.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 43% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Non-Alloy Steel I-Sections in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 967 | 601 | 460 | 2,678 | 40.4% |
| Cameroon | 144 | 319 | 2,080 | 1,522 | 119.5% |
| Angola | 2,155 | 846 | 812 | 1,259 | -16.4% |
| Gabon | 301 | 162 | 222 | 633 | 28.1% |
| Burkina Faso | N/A | N/A | 314 | 619 | 97.1% |
| Spain | 714 | 692 | 1,002 | 416 | -16.5% |
| Cabo Verde | 141 | 143 | 235 | 164 | 5.2% |
| Colombia | N/A | 919 | N/A | N/A | 0% |
| Senegal | N/A | 421 | 646 | N/A | 53.4% |
| Bolivia | 1,299 | N/A | N/A | N/A | 0% |
| Others | 159 | 243 | 457 | 238 | 14.4% |
| Total | 5,879 | 4,345 | 6,230 | 7,529 | 8.6% |
Top Export Markets for Non-Alloy Steel I-Sections from Portugal in 2022:
- Cote d'Ivoire (2364.1 tons)
- Cameroon (1409.0 tons)
- Angola (869.9 tons)
- Burkina Faso (618.1 tons)
- Gabon (563.0 tons)
- Spain (388.9 tons)
- Cabo Verde (142.1 tons)
This report provides an in-depth analysis of the non-alloy steel i-sections market in Portugal. 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 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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