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

Contents:

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

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

In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $10,611 per ton, with a decrease of -2% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% 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 +33.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 38%. As a result, import price attained the peak level of $12,757 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($34,900 per ton), while the price for China ($6,090 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), 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 Sweden (FOB) - 2022

In 2022, the average export price for iron or steel; non-threaded cotters and cotter-pinses amounted to $13,204 per ton, waning by -16.4% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 -26.1% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 43% against the previous year. The export price peaked at $18,413 per ton in 2015; however, from 2016 to 2022, the 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 Greece ($43,533 per ton), while the average price for exports to Germany ($3,696 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 Greece (+18.5%), 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 Sweden

In 2022, imports of iron or steel; non-threaded cotters and cotter-pinses into Sweden skyrocketed to 806 tons, growing by 29% on the previous year's figure. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses soared to $8.6M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +65.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 31%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. Germany (260.9 tons)
2. Italy (142.7 tons)
3. China (140.3 tons)
4. Taiwan (Chinese) (69.2 tons)
5. France (49.9 tons)
6. Denmark (34.4 tons)
7. United Kingdom (28.2 tons)
8. United States (14.4 tons)

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

Exports of iron or steel; non-threaded cotters and cotter-pinses from Sweden surged to 585 tons in 2022, rising by 30% on 2021. Overall, exports, however, continue to indicate a perceptible curtailment.

In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses expanded remarkably to $7.7M in 2022. In general, exports, however, showed a pronounced downturn.

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

1. Germany (178.0 tons)
2. Belgium (74.9 tons)
3. Italy (60.7 tons)
4. Norway (27.7 tons)
5. Netherlands (27.6 tons)
6. United States (25.7 tons)
7. India (25.3 tons)
8. Poland (25.2 tons)
9. Lithuania (24.2 tons)
10. France (22.8 tons)
11. Greece (10.2 tons)
12. United Kingdom (9.9 tons)
13. Denmark (9.5 tons)

Source: IndexBox Market Intelligence Platform