Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in France - 2023
Contents:
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in France (FOB) - 2023
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in France (CIF) - 2022
- Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in France
- Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in France
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in France (FOB) - 2023
In October 2023, the average export price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $37,559 per ton, rising by 7,095% against the previous month. Overall, the export price posted significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for India amounted to +2.1% per month.
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in France (CIF) - 2022
The average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $1,699 per ton in 2022, picking up by 43% against the previous year. Over the period under review, the import price showed strong growth. The pace of growth was the most pronounced in 2014 an increase of 742%. The import price peaked at $13,206 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($3,031 per ton), while the price for Belgium ($607 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in France
For the fourth year in a row, France recorded growth in overseas shipments of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s, which increased by 176% to 8.4K tons in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 312%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s skyrocketed to $7.5M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 260%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 165 | 188 | 1,194 | 3,384 | 173.7% |
| Italy | 236 | 380 | 1,983 | 2,612 | 122.9% |
| Netherlands | N/A | N/A | 65.8 | 798 | 1112.8% |
| United Kingdom | N/A | N/A | 87.8 | 393 | 347.6% |
| India | N/A | N/A | N/A | 159 | 0% |
| Spain | 361 | 272 | 81.5 | 97.5 | -35.4% |
| Others | 121 | 107 | 2.9 | 81.2 | -12.4% |
| Total | 883 | 948 | 3,416 | 7,525 | 104.3% |
Top Export Markets for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) from France in 2022:
- Germany (3.3K tons)
- Italy (2.2K tons)
- Netherlands (2.1K tons)
- United Kingdom (0.4K tons)
- India (0.2K tons)
- Spain (0.1K tons)
Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in France
For the third consecutive year, France recorded decline in overseas purchases of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s, which decreased by -14.6% to 2K tons in 2022. Over the period under review, imports continue to indicate a abrupt descent. The smallest decline of -7.6% was in 2021.
In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s soared to $3.3M in 2022. In general, imports recorded a abrupt descent.
| Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | 1,050 | 0% |
| Italy | 1,651 | 1,117 | 890 | 649 | -26.7% |
| United Kingdom | 330 | 110 | 156 | 478 | 13.1% |
| Germany | 932 | 380 | 61.2 | 271 | -33.8% |
| Belgium | 2.1 | 0.1 | 65.4 | 184 | 344.2% |
| Netherlands | N/A | 55.6 | 0.7 | 158 | 68.6% |
| Portugal | N/A | N/A | N/A | 111 | 0% |
| Spain | 1,092 | 865 | 1,315 | 60.1 | -62.0% |
| Turkey | N/A | 205 | 0.7 | N/A | -99.7% |
| Others | 276 | 171 | 249 | 376 | 10.9% |
| Total | 4,283 | 2,903 | 2,737 | 3,338 | -8.0% |
Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to France in 2022:
- Sweden (595.8 tons)
- Italy (556.4 tons)
- Belgium (303.9 tons)
- United Kingdom (165.1 tons)
- Germany (98.0 tons)
- Netherlands (87.9 tons)
- Spain (39.3 tons)
- Portugal (36.6 tons)
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