Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Spain - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Spain (CIF) - 2023
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Spain (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Spain
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Spain
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Spain (CIF) - 2023
In October 2023, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $3,332 per ton, declining by -43.2% against the previous month. Over the period under review, the import price saw a perceptible contraction. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 61% month-to-month. The import price peaked at $8,621 per ton in December 2022; however, from January 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was India ($37,780 per ton), while the price for Germany ($1,762 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (+21.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Spain (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $12,710 per ton in 2022, reducing by -13.7% against the previous year. In general, the export price saw a perceptible contraction. The growth pace was the most rapid in 2016 an increase of 24% against the previous year. The export price peaked at $20,194 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($36,311 per ton), while the average price for exports to Colombia ($4,099 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 Japan (+30.1%), 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 Spain
In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses imported into Spain expanded slightly to 1.9K tons, increasing by 2.2% compared with 2021 figures. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 65%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses rose sharply to $10M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.0% 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 +58.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.3 | 2.3 | 3.0 | 2.6 | 4.2% |
| France | 1.0 | 0.9 | 1.3 | 2.3 | 32.0% |
| Italy | 1.1 | 0.9 | 1.4 | 1.5 | 10.9% |
| China | 0.5 | 0.4 | 1.0 | 1.2 | 33.9% |
| India | 0.3 | 0.4 | 0.6 | 0.7 | 32.6% |
| Taiwan (Chinese) | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| Others | 1.7 | 1.2 | 1.8 | 1.6 | -2.0% |
| Total | 7.2 | 6.4 | 9.4 | 10.2 | 12.3% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Spain in 2022:
- Germany (682.2 tons)
- France (376.9 tons)
- China (354.2 tons)
- India (166.4 tons)
- Italy (153.0 tons)
- Taiwan (Chinese) (67.7 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Spain
In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses exported from Spain soared to 344 tons, growing by 28% against the previous year. The total export volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained 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 expanded sharply to $4.4M in 2022. The total export value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. 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 Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 378 | 518 | 731 | 1,229 | 48.1% |
| Poland | 16.8 | 140 | 215 | 543 | 218.5% |
| France | 339 | 342 | 373 | 339 | 0.0% |
| Portugal | 275 | 323 | 334 | 219 | -7.3% |
| Italy | 46.7 | 45.5 | 87.7 | 153 | 48.5% |
| Brazil | 0.1 | 203 | 40.5 | 145 | 1031.9% |
| Colombia | 105 | 134 | 87.8 | 130 | 7.4% |
| Japan | 1.7 | 1.0 | 4.9 | 122 | 315.6% |
| United Kingdom | 69.5 | 173 | 88.7 | 121 | 20.3% |
| Israel | 24.9 | 10.1 | 10.5 | 105 | 61.6% |
| Czech Republic | 11.8 | 12.2 | 5.7 | 67.0 | 78.4% |
| South Africa | 5.0 | 101 | 90.0 | 58.7 | 127.3% |
| India | 99.7 | 67.9 | 175 | 44.6 | -23.5% |
| Others | 2,177 | 1,748 | 1,707 | 1,094 | -20.5% |
| Total | 3,551 | 3,818 | 3,952 | 4,372 | 7.2% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Spain in 2022:
- Poland (70.1 tons)
- Germany (33.9 tons)
- Colombia (31.8 tons)
- France (29.8 tons)
- Italy (28.5 tons)
- Portugal (21.4 tons)
- Japan (13.6 tons)
- United Kingdom (13.0 tons)
- Brazil (9.2 tons)
- South Africa (8.4 tons)
- Czech Republic (8.1 tons)
- India (6.6 tons)
- Israel (6.0 tons)
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