Price for Steel, Alloy; Angles, Shapes and Sections in the Netherlands - 2023

Contents:

  1. Price for Steel, Alloy; Angles, Shapes and Sections in the Netherlands (CIF) - 2023
  2. Price for Steel, Alloy; Angles, Shapes and Sections in the Netherlands (FOB) - 2022
  3. Imports of Steel, Alloy; Angles, Shapes and Sections in the Netherlands
  4. Exports of Steel, Alloy; Angles, Shapes and Sections in the Netherlands

Price for Steel, Alloy; Angles, Shapes and Sections in the Netherlands (CIF) - 2023

The average import price for steel, alloy; angles, shapes and sectionses stood at $2,017 per ton in December 2023, dropping by -18.7% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 40% m-o-m. As a result, import price reached the peak level of $2,483 per ton, and then contracted markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($14,629 per ton), while the price for Sweden ($1,758 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 UK (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Alloy; Angles, Shapes and Sections in the Netherlands (FOB) - 2022

The average export price for steel, alloy; angles, shapes and sectionses stood at $1,431 per ton in 2022, which is down by -42% against the previous year. Over the period under review, the export price saw a abrupt slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 91%. Over the period under review, the average export prices reached the peak figure at $5,848 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($18,774 per ton), while the average price for exports to Colombia ($915 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 South Korea (+66.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Alloy; Angles, Shapes and Sections in the Netherlands

In 2022, approx. 6.3K tons of steel, alloy; angles, shapes and sectionses were imported into the Netherlands; increasing by 95% on the year before. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, alloy; angles, shapes and sectionses skyrocketed to $20M in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Steel, Alloy; Angles, Shapes and Sections in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.85.66.79.324.7%
Sweden0.3N/A0.15.3160.4%
Italy0.10.71.22.5192.4%
United Kingdom0.30.10.50.518.6%
Poland3.83.74.20.3-57.1%
Others0.90.80.51.723.6%
Total10.210.813.119.624.3%

Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to the Netherlands in 2022:

  1. Germany (2.9K tons)
  2. Sweden (1.6K tons)
  3. Italy (1.3K tons)
  4. United Kingdom (0.3K tons)

Exports of Steel, Alloy; Angles, Shapes and Sections in the Netherlands

For the third consecutive year, the Netherlands recorded decline in shipments abroad of steel, alloy; angles, shapes and sectionses, which decreased by -42.2% to 232 tons in 2022. Over the period under review, exports continue to indicate a sharp reduction.

In value terms, exports of steel, alloy; angles, shapes and sectionses rose to $1.4M in 2022. In general, exports continue to indicate a sharp downturn.

Export of Steel, Alloy; Angles, Shapes and Sections in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.2N/A4619581585.7%
Australia2.85.3N/A80.2206.0%
ColombiaN/A131N/A75.3-24.2%
United States2,3341,17910.058.5-70.7%
Norway4.63.030435.196.9%
United Kingdom0.3N/A63.230.2365.2%
MalaysiaN/AN/A1.519.91226.7%
Germany43718931715.5-67.1%
Belgium1.911.63.112.788.4%
China63.40.21.47.4-51.1%
Portugal1.76.00.57.161.0%
India0.60.51011.122.4%
Mexico3270.1N/AN/A-100.0%
Others37457.988.775.4-41.4%
Total3,5471,5841,3511,376-27.1%

Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from the Netherlands in 2022:

  1. Colombia (82.3 tons)
  2. Italy (51.0 tons)
  3. United Kingdom (20.3 tons)
  4. United States (15.1 tons)
  5. Australia (7.9 tons)
  6. China (7.9 tons)
  7. Norway (7.6 tons)
  8. Malaysia (6.7 tons)
  9. Portugal (5.2 tons)
  10. Germany (4.1 tons)
  11. Belgium (3.7 tons)
  12. India (0.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; angles, shapes and sections - Netherlands