Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Denmark - 2023

Contents:

  1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Denmark (CIF) - 2023
  2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Denmark (FOB) - 2022
  3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Denmark
  4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Denmark

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Denmark (CIF) - 2023

In December 2023, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,339 per ton, dropping by -8.7% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 9.5% m-o-m. As a result, import price reached the peak level of $1,682 per ton. From August 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,875 per ton), while the price for Belgium ($1,136 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced a decline.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Denmark (FOB) - 2022

In 2022, the average export price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,347 per ton, reducing by -12.2% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 alloy steel flat-rolled products, of a width 600mm or mores increased by +69.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 93% against the previous year. As a result, the export price reached the peak level of $1,535 per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($1,696 per ton), while the average price for exports to Spain ($911 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 Mexico (+80.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Denmark

In 2022, imports of alloy steel flat-rolled products, of a width 600mm or mores into Denmark skyrocketed to 85K tons, with an increase of 38% compared with the previous year's figure. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 49%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores surged to $128M in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 97%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden20.921.642.067.047.4%
Germany7.46.04.918.034.5%
Finland8.55.413.516.123.7%
Belgium2.64.915.212.769.7%
Austria2.42.02.85.431.0%
Netherlands1.50.21.62.518.6%
Others2.23.15.26.442.8%
Total45.543.285.312841.2%

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Denmark in 2022:

  1. Sweden (45.7K tons)
  2. Germany (12.4K tons)
  3. Finland (10.1K tons)
  4. Belgium (8.8K tons)
  5. Austria (3.4K tons)
  6. Netherlands (1.5K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Denmark

Exports of alloy steel flat-rolled products, of a width 600mm or mores from Denmark soared to 80K tons in 2022, jumping by 75% compared with 2021 figures. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 116%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores surged to $108M in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 316% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/A3.317.2421.2%
South Korea0.50.211.512.5192.4%
South Africa0.10.221.511.5386.3%
Germany1.73.83.910.583.5%
Poland0.74.93.47.9124.3%
MalaysiaN/AN/A1.47.9464.3%
SpainN/A0.93.26.1160.3%
MexicoN/AN/AN/A5.80%
United Kingdom4.41.32.24.93.7%
France0.20.10.23.9169.2%
Finland1.51.00.93.431.4%
Sweden3.40.92.31.8-19.1%
ChinaN/A0.58.31.148.3%
Others3.03.28.413.565.1%
Total15.516.970.510891.0%

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Denmark in 2022:

  1. Brazil (13.7K tons)
  2. Germany (7.8K tons)
  3. South Korea (7.6K tons)
  4. South Africa (6.8K tons)
  5. Spain (6.7K tons)
  6. Malaysia (6.0K tons)
  7. Poland (5.6K tons)
  8. Mexico (5.3K tons)
  9. United Kingdom (4.3K tons)
  10. France (2.7K tons)
  11. Finland (2.5K tons)
  12. Sweden (1.3K tons)
  13. China (1.0K tons)

Source: IndexBox Market Intelligence Platform

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