Price for Steel, Alloy; Angles, Shapes and Sections in Germany - 2023
Contents:
- Price for Steel, Alloy; Angles, Shapes and Sections in Germany (FOB) - 2023
- Price for Steel, Alloy; Angles, Shapes and Sections in Germany (CIF) - 2023
- Exports of Steel, Alloy; Angles, Shapes and Sections in Germany
- Imports of Steel, Alloy; Angles, Shapes and Sections in Germany
Price for Steel, Alloy; Angles, Shapes and Sections in Germany (FOB) - 2023
In December 2023, the average export price for steel, alloy; angles, shapes and sectionses amounted to $3,088 per ton, rising by 4% against the previous month. Overall, the export price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in February 2023 an increase of 11% against the previous month. The export price peaked at $4,151 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was the UK ($9,677 per ton), while the average price for exports to the United States ($1,559 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Steel, Alloy; Angles, Shapes and Sections in Germany (CIF) - 2023
In December 2023, the average import price for steel, alloy; angles, shapes and sectionses amounted to $2,381 per ton, rising by 11% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 62% m-o-m. As a result, import price attained the peak level of $3,972 per ton. From October 2023 to December 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($6,007 per ton), while the price for Poland ($1,229 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Alloy; Angles, Shapes and Sections in Germany
In 2022, exports of steel, alloy; angles, shapes and sectionses from Germany reduced to 18K tons, falling by -7.9% on the previous year's figure. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 15%.
In value terms, exports of steel, alloy; angles, shapes and sectionses expanded slightly to $72M in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Steel, Alloy; Angles, Shapes and Sections in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 4.3 | 7.7 | 9.9 | 19.3 | 65.0% |
| Vietnam | 20.9 | 19.3 | 19.8 | 12.9 | -14.9% |
| United States | 0.5 | 0.5 | 4.7 | 9.0 | 162.1% |
| Netherlands | 13.1 | 10.7 | 12.3 | 6.9 | -19.2% |
| Italy | 4.7 | 3.2 | 1.1 | 3.1 | -13.0% |
| Romania | 3.8 | 2.0 | 5.7 | 3.0 | -7.6% |
| United Kingdom | 2.4 | 1.9 | 1.4 | 2.9 | 6.5% |
| Switzerland | 2.1 | 1.9 | 1.9 | 2.9 | 11.4% |
| France | 3.5 | 2.1 | 3.7 | 2.4 | -11.8% |
| China | 1.5 | 0.4 | 1.1 | 2.2 | 13.6% |
| South Korea | 0.7 | 0.4 | 1.5 | 2.1 | 44.2% |
| Poland | 1.0 | 1.3 | 1.0 | 0.7 | -11.2% |
| Spain | 2.2 | 0.9 | 0.2 | 0.2 | -55.0% |
| Others | 6.5 | 4.9 | 4.7 | 3.9 | -15.7% |
| Total | 67.2 | 57.1 | 69.0 | 71.6 | 2.1% |
Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from Germany in 2022:
- United States (3.3K tons)
- Vietnam (3.3K tons)
- Austria (2.4K tons)
- Netherlands (1.9K tons)
- Italy (1.9K tons)
- South Korea (0.9K tons)
- Romania (0.8K tons)
- China (0.8K tons)
- France (0.6K tons)
- Switzerland (0.5K tons)
- United Kingdom (0.4K tons)
- Poland (0.3K tons)
Imports of Steel, Alloy; Angles, Shapes and Sections in Germany
In 2022, approx. 14K tons of steel, alloy; angles, shapes and sectionses were imported into Germany; rising by 8.2% on 2021. The total import volume increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of steel, alloy; angles, shapes and sectionses surged to $35M in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 64%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Steel, Alloy; Angles, Shapes and Sections in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.1 | 2.4 | 3.8 | 8.2 | 38.3% |
| Poland | 1.9 | 1.5 | 6.0 | 6.6 | 51.4% |
| Sweden | 4.5 | 3.2 | 4.4 | 4.1 | -3.1% |
| Slovenia | 0.9 | 0.8 | 1.8 | 2.9 | 47.7% |
| Romania | 0.7 | 1.4 | 1.3 | 2.7 | 56.8% |
| Spain | N/A | 1.6 | 1.7 | 1.6 | 0.0% |
| Austria | 1.5 | 1.3 | 1.4 | 1.5 | 0.0% |
| Switzerland | 0.8 | 1.0 | 1.0 | 0.9 | 4.0% |
| Vietnam | 0.3 | 0.4 | 0.7 | 0.6 | 26.0% |
| Russia | 1.2 | 0.3 | 0.5 | 0.4 | -30.7% |
| Czech Republic | 0.2 | 0.4 | 0.1 | 0.3 | 14.5% |
| Others | 1.9 | 2.2 | 4.1 | 4.8 | 36.2% |
| Total | 17.1 | 16.4 | 26.8 | 34.6 | 26.5% |
Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to Germany in 2022:
- Italy (4.1K tons)
- Poland (3.1K tons)
- Sweden (2.3K tons)
- Slovenia (1.3K tons)
- Romania (0.9K tons)
- Vietnam (0.5K tons)
- Czech Republic (0.3K tons)
- Austria (0.2K tons)
- Switzerland (0.2K tons)
- Russia (0.2K tons)
- Spain (0.2K tons)
473
This report provides an in-depth analysis of the stainless steel angle market in Germany.
400
This report provides an in-depth analysis of the hollow drill bar market in Germany.
366
This report provides an in-depth analysis of the market for hot-rolled bearing steel bar in Germany.
283
This report provides an in-depth analysis of the market for hot-rolled tool steel bar in Germany.
324
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar in Germany.
346
This report provides an in-depth analysis of the market for hot-rolled silico-manganese steel bar in Germany.
569
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Germany.
1401
This report provides an in-depth analysis of the global stainless steel angle market.
581
This report provides an in-depth analysis of the global hollow drill bar market.
718
This report provides an in-depth analysis of the global market for hot-rolled bearing steel bar.
97
Stainless Steel Angle exports saw a peak in 2023 and are projected to keep expanding. The export value for Stainless Steel Angle reached $216M in 2023.
1446
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
973
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
1130
Despite a slight drop in exports, India continued its dominance in the global trade of stainless steel angles, shapes and sections. In 2014, India exported X thousand tons of stainless steel angles, shapes and sections totaling X million USD, X%
150
Explore the top import markets for Hot-Rolled Bearing Steel Bar and discover the leading countries driving the global demand for this essential steel product.
161
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1477
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4389
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1178
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
150
Explore the top import markets for Hot-Rolled Bearing Steel Bar and discover the leading countries driving the global demand for this essential steel product.
