Price for Iron or Steel; Cast Articles in France - 2023

Price for Iron or Steel; Cast Articles in France (FOB) - 2023

The average export price for iron or steel; cast articleses stood at $2,428 per ton in June 2023, reducing by -2.7% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 19% against the previous month. The export price peaked at $2,557 per ton in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($4,341 per ton), while the average price for exports to Serbia ($1,779 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Iron or Steel; Cast Articles in France (CIF) - 2023

The average import price for iron or steel; cast articleses stood at $2,919 per ton in June 2023, with an increase of 5.5% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 32% against the previous month. Over the period under review, average import prices attained the maximum at $3,278 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,106 per ton), while the price for China ($1,838 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Iron or Steel; Cast Articles in France

For the fourth year in a row, France recorded growth in shipments abroad of iron or steel; cast articleses, which increased by 2% to 284K tons in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 505%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, iron or steel; cast articles exports expanded markedly to $606M in 2022. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 285%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Iron or Steel; Cast Articles in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	36.1	30.8	214	255	91.9%
Italy	16.1	21.5	60.8	72.3	65.0%
Belgium	12.4	11.0	37.3	44.3	52.9%
Spain	12.2	9.2	32.3	38.3	46.4%
Poland	7.2	6.5	19.1	22.7	46.6%
United States	2.9	3.8	17.3	20.6	92.2%
Switzerland	3.0	4.6	16.1	19.2	85.7%
Sweden	7.2	5.5	16.0	19.0	38.2%
United Kingdom	2.2	3.0	14.1	16.7	96.5%
Ireland	0.7	3.4	12.3	14.6	175.3%
Serbia	N/A	0.1	10.0	11.8	986.3%
Hungary	4.8	3.4	8.1	9.6	26.0%
Czech Republic	5.3	4.2	8.0	9.5	21.5%
Others	38.0	35.4	82.8	52.5	11.4%
Total	148	143	549	606	60.0%

Top Export Markets for Iron or Steel; Cast Articles from France in 2022:

Germany (147.5K tons)
Italy (30.9K tons)
Spain (16.0K tons)
Belgium (14.9K tons)
Poland (8.4K tons)
Ireland (6.3K tons)
Switzerland (5.9K tons)
Serbia (5.5K tons)
United States (5.4K tons)
Sweden (5.3K tons)
United Kingdom (4.3K tons)
Czech Republic (3.4K tons)
Hungary (3.4K tons)

Imports of Iron or Steel; Cast Articles in France

In 2022, approx. 122K tons of iron or steel; cast articleses were imported into France; picking up by 6% on the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, iron or steel; cast articles imports expanded remarkably to $328M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Iron or Steel; Cast Articles in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	34.1	41.7	74.1	84.4	35.3%
Spain	39.0	36.6	49.1	55.9	12.7%
China	26.2	22.6	45.3	51.6	25.3%
Italy	27.1	21.0	23.5	26.9	-0.2%
Germany	20.6	17.0	22.9	26.1	8.2%
India	10.7	14.7	18.7	21.3	25.8%
United Kingdom	8.9	7.7	14.0	16.0	21.6%
Turkey	11.6	9.2	12.4	14.2	7.0%
Netherlands	6.3	7.9	11.0	12.5	25.7%
Poland	10.1	7.9	10.5	12.0	5.9%
Others	33.2	22.4	25.4	7.1	-40.2%
Total	228	209	307	328	12.9%