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

Contents:

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

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

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,236 per ton in 2022, surging by 17% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +56.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 33%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($1,506 per ton), while the average price for exports to Belgium ($909 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 (+6.3%), 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 the Netherlands (CIF) - 2023

The average import price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,330 per ton in December 2023, declining by -3% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 11% m-o-m. Over the period under review, average import prices hit record highs at $1,503 per ton in October 2023; however, from November 2023 to December 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the countries with the highest prices were Germany ($1,498 per ton) and Belgium ($1,416 per ton), while the price for the UK ($1,171 per ton) and Finland ($1,369 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores exported from the Netherlands expanded slightly to 1M tons, growing by 3.1% against 2021. In general, exports, however, saw a pronounced decrease. The pace of growth was the most pronounced in 2021 when exports increased by 16%.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores soared to $1.3B in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +87.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

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

1. Germany (218.6K tons)
2. Belgium (168.1K tons)
3. United States (159.8K tons)
4. France (103.5K tons)
5. Spain (62.1K tons)
6. Sweden (53.4K tons)
7. Italy (37.1K tons)
8. Poland (35.0K tons)
9. United Kingdom (28.3K tons)
10. Portugal (27.0K tons)
11. Mexico (25.0K tons)
12. Czech Republic (22.9K tons)
13. Turkey (22.1K tons)

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

In 2022, imports of alloy steel flat-rolled products, of a width 600mm or mores into the Netherlands fell to 425K tons, flattening at the previous year's figure. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 74%. As a result, imports reached the peak of 429K tons, leveling off in the following year.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores surged to $628M in 2022. Over the period under review, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 125% against the previous year. Over the period under review, imports of hit record highs 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 the Netherlands in 2022:

1. United Kingdom (178.9K tons)
2. Belgium (130.0K tons)
3. Germany (69.8K tons)
4. Sweden (18.8K tons)
5. Finland (14.6K tons)
6. France (6.9K tons)

Source: IndexBox Market Intelligence Platform