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

Contents:

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

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

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,667 per ton in December 2023, growing by 2% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average export price increased by 7.3% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,809 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($2,131 per ton), while the average price for exports to Denmark ($1,035 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 Turkey (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,350 per ton, with an increase of 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2021 an increase of 32%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($1,683 per ton) and France ($1,581 per ton), while the price for the UK ($1,175 per ton) and Austria ($1,217 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of alloy steel flat-rolled products, of a width 600mm or mores from Sweden declined to 1.1M tons in 2022, dropping by -6.2% on the previous year. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 25%. As a result, the exports reached the peak of 1.2M tons, and then fell in the following year.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores amounted to $1.9B in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +62.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. United States (150.6K tons)
2. Germany (128.0K tons)
3. China (94.3K tons)
4. Italy (84.8K tons)
5. Poland (76.5K tons)
6. Turkey (55.5K tons)
7. United Kingdom (33.6K tons)
8. Spain (30.2K tons)
9. Canada (30.0K tons)
10. Mexico (28.7K tons)
11. India (28.5K tons)
12. Netherlands (27.7K tons)
13. Denmark (26.2K tons)

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

Imports of alloy steel flat-rolled products, of a width 600mm or mores into Sweden dropped to 557K tons in 2022, which is down by -5.2% on 2021 figures. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 11%.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores expanded notably to $751M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Germany (152.8K tons)
2. Finland (136.1K tons)
3. Netherlands (93.9K tons)
4. Belgium (66.3K tons)
5. United Kingdom (44.8K tons)
6. Austria (27.1K tons)
7. United States (12.6K tons)
8. Luxembourg (0.8K tons)

Source: IndexBox Market Intelligence Platform