Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sweden - 2023
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sweden (FOB) - 2023
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sweden (CIF) - 2022
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sweden
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sweden
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sweden (FOB) - 2023
The average export price for stainless steel bars and rods, angles, shapes and sectionses stood at $8,316 per ton in October 2023, with an increase of 11% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In October 2023, the highest price was recorded for prices to the United States ($9,034 per ton) and the UK ($8,794 per ton), while the average price for exports to India ($6,623 per ton) and Singapore ($6,748 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sweden (CIF) - 2022
In 2022, the average import price for stainless steel bars and rods, angles, shapes and sectionses amounted to $5,710 per ton, surging by 24% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% 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 stainless steel bars and rods, angles, shapes and sectionses increased by +53.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6,816 per ton), while the price for Latvia ($856 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sweden
In 2022, approx. 40K tons of stainless steel bars and rods, angles, shapes and sectionses were exported from Sweden; rising by 33% against 2021 figures. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded 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 stainless steel bars and rods, angles, shapes and sectionses surged to $272M in 2022. Over the period under review, exports saw buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.8 | 15.4 | 21.6 | 65.0 | 51.2% |
| Denmark | 16.8 | 15.0 | 17.8 | 28.6 | 19.4% |
| Italy | 13.4 | 9.4 | 12.0 | 23.9 | 21.3% |
| Finland | 11.3 | 9.7 | 12.8 | 17.7 | 16.1% |
| United Kingdom | 12.9 | 8.0 | 15.3 | 17.7 | 11.1% |
| United States | 9.4 | 8.0 | 9.8 | 17.5 | 23.0% |
| China | 10.2 | 11.2 | 15.0 | 16.0 | 16.2% |
| Norway | 15.6 | 10.4 | 11.3 | 16.0 | 0.8% |
| France | 2.8 | 3.2 | 4.1 | 7.9 | 41.3% |
| Netherlands | 7.8 | 4.8 | 5.5 | 7.7 | -0.4% |
| Singapore | 10.6 | 9.8 | 9.2 | 7.7 | -10.1% |
| India | 3.4 | 4.2 | 4.6 | 5.5 | 17.4% |
| Japan | 3.7 | 3.4 | 2.9 | 4.3 | 5.1% |
| Others | 28.6 | 24.1 | 33.1 | 36.0 | 8.0% |
| Total | 165 | 137 | 175 | 272 | 18.1% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Sweden in 2022:
- Germany (10.5K tons)
- Denmark (4.2K tons)
- United Kingdom (3.4K tons)
- Italy (3.3K tons)
- Finland (2.6K tons)
- United States (2.5K tons)
- China (2.1K tons)
- Norway (2.1K tons)
- France (1.2K tons)
- Netherlands (1.1K tons)
- Singapore (1.1K tons)
- India (0.8K tons)
- Japan (0.6K tons)
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sweden
In 2022, imports of stainless steel bars and rods, angles, shapes and sectionses into Sweden rose remarkably to 26K tons, surging by 8.7% against the previous year. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $147M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 38%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 47.4 | 34.4 | 51.7 | 74.1 | 16.1% |
| Germany | 9.3 | 10.0 | 12.3 | 18.1 | 24.9% |
| Spain | 12.0 | 9.9 | 13.6 | 14.8 | 7.2% |
| Denmark | 9.1 | 8.8 | 9.2 | 10.1 | 3.5% |
| United Kingdom | 1.4 | 0.9 | 3.3 | 8.4 | 81.7% |
| France | 1.2 | 0.5 | 2.1 | 3.4 | 41.5% |
| Poland | 0.2 | 0.5 | 1.1 | 2.2 | 122.4% |
| Austria | 3.8 | 3.3 | 2.1 | 2.2 | -16.7% |
| Latvia | 0.8 | 1.5 | 1.9 | 2.2 | 40.1% |
| Others | 7.7 | 8.9 | 11.4 | 11.2 | 13.3% |
| Total | 92.9 | 78.6 | 109 | 147 | 16.5% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Sweden in 2022:
- Italy (11.6K tons)
- Germany (2.8K tons)
- Latvia (2.6K tons)
- Spain (2.2K tons)
- Denmark (1.8K tons)
- United Kingdom (1.5K tons)
- Poland (0.7K tons)
- France (0.7K tons)
- Austria (0.3K tons)
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