Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Portugal - 2023

Contents:

1. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Portugal (CIF) - 2022
2. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Portugal (FOB) - 2022
3. Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Portugal
4. Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Portugal

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Portugal (CIF) - 2022

The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $12,204 per ton in 2022, growing by 22% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel; non-threaded cotters and cotter-pinses increased by +69.7% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 26%. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($20,414 per ton), while the price for Japan ($6,271 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Portugal (FOB) - 2022

The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $7,873 per ton in 2022, rising by 23% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 an increase of 72% against the previous year. Over the period under review, the average export prices attained the maximum at $10,904 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($16,976 per ton), while the average price for exports to Italy ($2,038 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 Brazil (+9.2%), 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 Portugal

In 2022, after three years of growth, there was significant decline in supplies from abroad of iron or steel; non-threaded cotters and cotter-pinses, when their volume decreased by -18.9% to 352 tons. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.4% 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 +24.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of 433 tons, and then contracted markedly in the following year.

In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses contracted to $4.3M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.9% 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 +68.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. As a result, imports attained the peak of $4.3M, and then dropped modestly in the following year.

Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Portugal in 2022:

1. China (205.7 tons)
2. Germany (27.9 tons)
3. Spain (21.1 tons)
4. Japan (18.3 tons)
5. Italy (16.1 tons)
6. France (15.5 tons)
7. Netherlands (15.0 tons)

Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Portugal

In 2022, exports of iron or steel; non-threaded cotters and cotter-pinses from Portugal was estimated at 92 tons, with an increase of 8.4% against the previous year's figure. The total export volume increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses surged to $722K in 2022. The total export value increased at an average annual rate of +12.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Portugal in 2022:

1. Spain (20.0 tons)
2. Italy (19.9 tons)
3. Angola (15.3 tons)
4. Germany (13.3 tons)
5. Canada (5.4 tons)
6. Brazil (4.2 tons)
7. Netherlands (3.2 tons)
8. Israel (2.1 tons)
9. France (0.6 tons)

Source: IndexBox Market Intelligence Platform