Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Austria - 2023

Contents:

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

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Austria (FOB) - 2023

In September 2023, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $2,080 per ton, growing by 4.3% against the previous month. Over the period under review, the export price, however, showed a mild shrinkage. The pace of growth was the most pronounced in April 2023 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices attained the peak figure at $2,441 per ton in December 2022; however, from January 2023 to September 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was the United States ($7,738 per ton), while the average price for exports to South Africa ($1,572 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Austria (CIF) - 2023

In September 2023, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $2,247 per ton, picking up by 2.4% against the previous month. In general, the import price, however, continues to indicate a slight downturn. The pace of growth was the most pronounced in July 2023 an increase of 11% month-to-month. Over the period under review, average import prices attained the peak figure at $2,663 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($4,144 per ton), while the price for Switzerland amounted to $3,107 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Austria

Exports of alloy steel flat-rolled products, of a width of less than 600mms from Austria fell to 296K tons in 2022, waning by -5.6% compared with the year before. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. As a result, the exports attained the peak of 314K tons, and then contracted in the following year.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms surged to $640M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +77.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 37%. 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 of Less than 600mm from Austria in 2022:

1. Germany (100.0K tons)
2. France (42.6K tons)
3. Switzerland (34.3K tons)
4. Czech Republic (27.2K tons)
5. Slovenia (17.0K tons)
6. Hungary (16.8K tons)
7. United Kingdom (9.6K tons)
8. China (6.8K tons)

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Austria

In 2022, imports of alloy steel flat-rolled products, of a width of less than 600mms into Austria rose to 46K tons, picking up by 4.2% against 2021. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 58%. Over the period under review, imports of attained the peak figure 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 of less than 600mms skyrocketed to $119M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 89% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Austria in 2022:

1. Germany (36.6K tons)
2. France (2.7K tons)
3. Switzerland (1.7K tons)
4. Italy (1.3K tons)
5. Czech Republic (1.0K tons)
6. Poland (1.0K tons)
7. Slovenia (0.6K tons)
8. Sweden (0.1K tons)

Source: IndexBox Market Intelligence Platform