Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Luxembourg - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Luxembourg (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Luxembourg (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Luxembourg
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Luxembourg
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Luxembourg (CIF) - 2022
The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $7,521 per ton in 2022, dropping by -5.7% against the previous year. Overall, the import price, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2014 an increase of 118% against the previous year. As a result, import price attained the peak level of $15,869 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($13,082 per ton), while the price for Belgium ($4,462 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.5%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Luxembourg (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $19,240 per ton in 2022, shrinking by -21.4% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or steel; non-threaded cotters and cotter-pinses decreased by -24.6% against 2020 indices. The growth pace was the most rapid in 2020 when the average export price increased by 70%. As a result, the export price reached the peak level of $25,504 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($162,901 per ton), while the average price for exports to Spain ($8,824 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 Saudi Arabia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Luxembourg
In 2022, purchases abroad of iron or steel; non-threaded cotters and cotter-pinses decreased by -13.1% to 95 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, imports attained the peak of 204 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses contracted rapidly to $717K in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 107% against the previous year. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 315 | 1,131 | 362 | 208 | -12.9% |
| France | 51.2 | 95.0 | 111 | 198 | 57.0% |
| Germany | 205 | 92.0 | 190 | 154 | -9.1% |
| China | 18.3 | 15.0 | 17.1 | 26.4 | 13.0% |
| Netherlands | 1.7 | 6.3 | 10.9 | 7.6 | 64.7% |
| Others | 139 | 169 | 185 | 124 | -3.7% |
| Total | 729 | 1,508 | 875 | 717 | -0.6% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Luxembourg in 2022:
- Belgium (46.7 tons)
- France (24.9 tons)
- Germany (18.9 tons)
- China (2.0 tons)
- Netherlands (1.7 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Luxembourg
In 2022, approx. 22 tons of iron or steel; non-threaded cotters and cotter-pinses were exported from Luxembourg; rising by 174% on the year before. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses soared to $431K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.5 | 1.1 | 0.2 | 143 | 356.8% |
| France | 80.3 | 21.6 | 23.4 | 95.5 | 5.9% |
| Saudi Arabia | 3.2 | 36.7 | 41.6 | 57.8 | 162.4% |
| United Kingdom | 5.0 | 4.0 | 2.6 | 32.8 | 87.2% |
| Belgium | 30.7 | 20.0 | 19.8 | 22.7 | -9.6% |
| Spain | 5.5 | 5.6 | 21.5 | 17.8 | 47.9% |
| Poland | 8.0 | 50.2 | 6.6 | 7.3 | -3.0% |
| Denmark | 3.9 | 1.0 | 4.9 | 2.0 | -20.0% |
| Others | 48.6 | 61.0 | 79.5 | 51.9 | 2.2% |
| Total | 187 | 201 | 200 | 431 | 32.1% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Luxembourg in 2022:
- Turkey (10.7 tons)
- France (3.9 tons)
- Belgium (2.4 tons)
- Spain (2.0 tons)
- United Kingdom (0.7 tons)
- Saudi Arabia (0.4 tons)
- Poland (0.3 tons)
- Denmark (0.2 tons)
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