Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Luxembourg - 2023
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Luxembourg (CIF) - 2022
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Luxembourg (FOB) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Luxembourg
- Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Luxembourg
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Luxembourg (CIF) - 2022
In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $1,337 per ton, rising by 32% against the previous year. Over the period under review, the import price enjoyed tangible growth. The pace of growth appeared the most rapid in 2019 an increase of 937% against the previous year. As a result, import price reached the peak level of $10,286 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +3.0% per year.
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Luxembourg (FOB) - 2022
The average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $1,610 per ton in 2022, rising by 20% against the previous year. In general, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 127% against the previous year. As a result, the export price attained the peak level of $1,949 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +10.4% per year.
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Luxembourg
After three years of growth, supplies from abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -12.7% to 19K tons in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 835% against the previous year.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses skyrocketed to $26M in 2022. In general, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 95%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.4 | 11.1 | 21.6 | 25.2 | 20.5% |
| Spain | 1.1 | 0.2 | 0.4 | 0.3 | -35.2% |
| Others | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Total | 15.7 | 11.4 | 22.1 | 25.5 | 17.5% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Luxembourg in 2022:
- Germany (18.8K tons)
- Spain (0.2K tons)
Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Luxembourg
In 2022, shipments abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses increased by 149% to 436 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt slump.
In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses surged to $702 in 2022. In general, exports, however, continue to indicate a dramatic downturn.
| Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,487 | 1,169 | 235 | 702 | -22.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,487 | 1,169 | 235 | 702 | -22.1% |
Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Luxembourg in 2022:
- Belgium (436.0 kg)
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