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

Contents:

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

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

The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,114 per ton in September 2023, growing by 1.8% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 17% against the previous month. As a result, the export price attained the peak level of $2,501 per ton. From August 2023 to September 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 the United States ($3,182 per ton), while the average price for exports to Brazil ($1,782 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 China (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,064 per ton in September 2023, with an increase of 5.3% against the previous month. Overall, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in April 2023 an increase of 21% against the previous month. As a result, import price attained the peak level of $2,573 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($17,777 per ton), while the price for the UK ($1,563 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 513K tons of alloy steel flat-rolled products, of a width of less than 600mms were exported from Germany; waning by -2.9% against the year before. Over the period under review, exports recorded a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms surged to $1.1B in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. The exports peaked in 2022 and are likely to continue growth in the near future.

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

1. Switzerland (78.7K tons)
2. France (61.2K tons)
3. Czech Republic (45.4K tons)
4. Italy (43.1K tons)
5. Austria (33.2K tons)
6. Spain (32.0K tons)
7. United States (26.5K tons)
8. China (25.7K tons)
9. Sweden (23.7K tons)
10. Poland (20.3K tons)
11. Hungary (19.3K tons)
12. Belgium (15.9K tons)

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

In 2022, approx. 233K tons of alloy steel flat-rolled products, of a width of less than 600mms were imported into Germany; dropping by -6.4% compared with the year before. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of 249K tons, and then fell in the following year.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms soared to $497M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +80.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. Austria (86.8K tons)
2. France (60.0K tons)
3. Sweden (24.1K tons)
4. Italy (19.5K tons)
5. Netherlands (9.8K tons)
6. Slovakia (5.4K tons)
7. United Kingdom (4.7K tons)
8. Belgium (3.0K tons)
9. Luxembourg (0.9K tons)

Source: IndexBox Market Intelligence Platform