Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in the Netherlands - 2023

Contents:

  1. Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in the Netherlands (FOB) - 2022
  2. Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in the Netherlands (CIF) - 2022
  3. Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in the Netherlands
  4. Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in the Netherlands

Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in the Netherlands (FOB) - 2022

The average export price for stainless steel; flat-rolled products of width less than 600mms stood at $3,017 per ton in 2022, shrinking by -2.9% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 20%. Over the period under review, the average export prices hit record highs at $3,206 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Italy ($3,697 per ton), while the average price for exports to North Macedonia ($1,990 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 Belgium (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in the Netherlands (CIF) - 2022

The average import price for stainless steel; flat-rolled products of width less than 600mms stood at $3,858 per ton in 2022, with an increase of 26% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Vietnam ($5,526 per ton), while the price for Romania ($2,167 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in the Netherlands

In 2022, the amount of stainless steel; flat-rolled products of width less than 600mms exported from the Netherlands expanded rapidly to 81K tons, surging by 12% against the previous year's figure. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 46% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of stainless steel; flat-rolled products of width less than 600mms expanded remarkably to $244M in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 65%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany60.762.299.711423.4%
France9.314.230.832.551.8%
Italy4.910.111.720.761.7%
United Kingdom9.56.711.716.319.7%
Austria6.18.45.711.824.6%
Belgium12.311.413.69.1-9.6%
Poland3.31.95.34.813.3%
CanadaN/AN/A6.34.4-30.2%
Spain5.93.47.94.3-10.0%
Portugal2.62.42.93.16.0%
North Macedonia0.10.3N/A3.1214.1%
Others12.714.827.919.916.1%
Total12813622424424.0%

Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from the Netherlands in 2022:

  1. Germany (41.0K tons)
  2. France (9.9K tons)
  3. Italy (5.6K tons)
  4. United Kingdom (4.8K tons)
  5. Austria (3.6K tons)
  6. Belgium (3.3K tons)
  7. Poland (1.7K tons)
  8. North Macedonia (1.5K tons)
  9. Canada (1.4K tons)
  10. Spain (1.3K tons)
  11. Portugal (0.8K tons)

Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in the Netherlands

In 2022, overseas purchases of stainless steel; flat-rolled products of width less than 600mms decreased by -2% to 33K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.1% 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 +60.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 39% against the previous year.

In value terms, imports of stainless steel; flat-rolled products of width less than 600mms surged to $128M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany22.423.624.231.111.6%
Finland6.910.714.418.639.2%
South Korea1.86.717.018.2116.2%
South Africa0.16.39.611.5386.3%
Belgium4.76.66.410.329.9%
India2.5N/A5.68.349.2%
Italy2.91.94.44.414.9%
France6.24.24.33.8-15.1%
VietnamN/A2.02.03.736.0%
Austria0.10.10.71.8162.1%
Poland0.30.50.71.778.3%
Spain3.01.21.40.8-35.6%
Romania1.81.41.20.3-45.0%
Others6.19.411.613.530.3%
Total58.974.710412829.5%

Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to the Netherlands in 2022:

  1. Germany (7.0K tons)
  2. Finland (5.9K tons)
  3. South Africa (4.4K tons)
  4. South Korea (3.9K tons)
  5. Belgium (2.9K tons)
  6. India (1.9K tons)
  7. Italy (1.0K tons)
  8. France (1.0K tons)
  9. Austria (0.7K tons)
  10. Vietnam (0.7K tons)
  11. Poland (0.6K tons)
  12. Spain (0.2K tons)
  13. Romania (0.1K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Stainless steel; flat-rolled products of width less than 600mm - Netherlands