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

Contents:

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

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

In September 2023, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,493 per ton, falling by -9.6% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 54% against the previous month. As a result, import price attained the peak level of $2,137 per ton. From June 2023 to September 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to September 2023, the rate of growth in terms of prices for France amounted to +18.1% per month.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Belgium (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,227 per ton in 2022, jumping by 26% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 49%. Over the period under review, the average export prices reached the maximum at $3,364 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($10,511 per ton), while the average price for exports to the Czech Republic ($1,076 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 Pakistan (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of alloy steel flat-rolled products, of a width of less than 600mms imported into Belgium declined to 40K tons, waning by -9.6% on the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 31%. As a result, imports attained the peak of 44K tons, and then declined in the following year.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms rose significantly to $65M in 2022. In general, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 with an increase of 73%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. Sweden (17.8K tons)
2. Austria (7.1K tons)
3. Germany (5.3K tons)
4. France (4.9K tons)
5. Japan (2.1K tons)
6. China (1.6K tons)
7. Czech Republic (0.7K tons)

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

In 2022, approx. 15K tons of alloy steel flat-rolled products, of a width of less than 600mms were exported from Belgium; increasing by 48% compared with the year before. In general, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 133% against the previous year. Over the period under review, the exports of reached the maximum 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 of less than 600mms skyrocketed to $32M in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Belgium in 2022:

1. Poland (3.3K tons)
2. France (2.4K tons)
3. India (1.7K tons)
4. Turkey (1.6K tons)
5. Germany (1.6K tons)
6. Pakistan (1.0K tons)
7. Czech Republic (0.6K tons)
8. Italy (0.4K tons)
9. United States (0.4K tons)
10. United Arab Emirates (0.1K tons)

Source: IndexBox Market Intelligence Platform