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

Contents:

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

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

The average import price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,499 per ton in December 2023, growing by 3.7% against the previous month. In general, the import price, however, recorded a slight reduction. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 8% against the previous month. Over the period under review, average import prices attained the maximum at $1,693 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($2,307 per ton), while the price for France ($914 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 Sweden (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In December 2023, the average export price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,572 per ton, with an increase of 3.4% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average export price increased by 12% month-to-month. As a result, the export price reached the peak level of $1,690 per ton. From September 2023 to December 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($2,339 per ton), while the average price for exports to Germany ($951 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.4%), 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 Italy

In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores imported into Italy soared to 1.5M tons, surging by 16% on the year before. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.1% 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 +51.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores soared to $2.2B in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. Germany (307.2K tons)
2. China (236.8K tons)
3. Austria (169.0K tons)
4. France (111.0K tons)
5. Sweden (90.8K tons)
6. Belgium (73.1K tons)
7. Spain (70.3K tons)
8. Taiwan (Chinese) (63.2K tons)
9. South Korea (54.1K tons)
10. Finland (53.3K tons)
11. Russia (50.4K tons)
12. Vietnam (48.1K tons)
13. Netherlands (34.8K tons)

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

In 2022, exports of alloy steel flat-rolled products, of a width 600mm or mores from Italy declined to 127K tons, with a decrease of -11.6% against the previous year. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 24%.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores reached $214M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +92.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 72% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

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

1. Spain (18.7K tons)
2. Germany (17.4K tons)
3. France (14.7K tons)
4. Poland (14.5K tons)
5. Slovenia (11.5K tons)
6. Czech Republic (5.5K tons)
7. United States (5.5K tons)
8. Netherlands (4.0K tons)
9. Austria (4.0K tons)
10. Turkey (3.9K tons)
11. Slovakia (3.0K tons)
12. Switzerland (3.0K tons)
13. Hungary (2.5K tons)

Source: IndexBox Market Intelligence Platform