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

Contents:

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

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

In September 2023, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,285 per ton, remaining relatively unchanged against the previous month. Overall, the import price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in February 2023 an increase of 592% month-to-month. Over the period under review, average import prices reached the peak figure at $6,048 per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($6,788 per ton), while the price for the Netherlands ($1,268 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 (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $3,355 per ton in 2022, rising by 265% against the previous year. Overall, the export price saw a remarkable increase. Over the period under review, the average export prices reached the peak figure at $3,816 per ton in 2018; however, from 2019 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 Pakistan ($3,949 per ton), while the average price for exports to the UK ($1,297 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 the UK (-0.5%).

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

For the fourth year in a row, Ireland recorded growth in supplies from abroad of alloy steel flat-rolled products, of a width of less than 600mms, which increased by 24% to 13K tons in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.0% 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 +95.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms skyrocketed to $33M in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (4.5K tons)
2. Japan (2.9K tons)
3. Netherlands (1.6K tons)
4. Poland (0.9K tons)
5. China (0.8K tons)
6. Czech Republic (0.6K tons)
7. United Kingdom (0.5K tons)
8. Italy (0.4K tons)
9. France (0.4K tons)

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

In 2022, the amount of alloy steel flat-rolled products, of a width of less than 600mms exported from Ireland skyrocketed to 181 tons, growing by 581% on the previous year. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms surged to $607K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained 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 Ireland in 2022:

1. Pakistan (130.7 tons)
2. Lithuania (43.7 tons)
3. United Kingdom (3.1 tons)

Source: IndexBox Market Intelligence Platform