Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Sweden - 2023
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Sweden (CIF) - 2023
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Sweden (FOB) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Sweden
- Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Sweden
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Sweden (CIF) - 2023
The average import price for steel, alloy stood at $3,021 per ton in November 2023, falling by -24.3% against the previous month. In general, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in August 2023 an increase of 363% m-o-m. Over the period under review, average import prices attained the peak figure at $5,913 per ton in February 2023; however, from March 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($3,835 per ton), while the price for Denmark amounted to $967 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Sweden (FOB) - 2022
The average export price for steel, alloy stood at $1,416 per ton in 2022, growing by 65% against the previous year. Over the period under review, the export price recorded a slight expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($3,067 per ton), while the average price for exports to the UK ($100 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 Poland (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Sweden
In 2022, approx. 1.2K tons of steel, alloy were imported into Sweden; with a decrease of -49.7% on the previous year. Overall, imports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year.
In value terms, imports of steel, alloy declined remarkably to $4.4M in 2022. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 107%. As a result, imports reached the peak of $6.8M, and then dropped rapidly in the following year.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.2 | 1.4 | 6.5 | 4.0 | 7.7% |
| Germany | N/A | 0.2 | 0.3 | 0.3 | 22.5% |
| United Kingdom | 2.9 | N/A | N/A | N/A | 0% |
| Poland | 0.6 | 1.5 | N/A | N/A | 150.0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 6.6 | 3.3 | 6.8 | 4.4 | -12.6% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented to Sweden in 2022:
- Netherlands (1100.3 tons)
- Germany (94.6 tons)
- Poland (15.2 tons)
Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Sweden
In 2022, after two years of decline, there was significant growth in overseas shipments of steel, alloy, when their volume increased by 7% to 155 tons. Overall, exports, however, recorded a precipitous decline.
In value terms, exports of steel, alloy skyrocketed to $219K in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline.
| Export of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 103 | 66.9 | N/A | 189 | 22.4% |
| Italy | 42.0 | 71.3 | N/A | 29.9 | -10.7% |
| United Kingdom | N/A | N/A | N/A | 0.3 | 0% |
| Spain | 49.9 | 85.2 | 37.6 | N/A | -13.2% |
| Slovenia | N/A | N/A | 46.5 | N/A | 0% |
| Singapore | 17.0 | 30.5 | 28.9 | N/A | 30.4% |
| Netherlands | 56.2 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.5 | 11.0 | N/A | 505.5% |
| Total | 268 | 254 | 124 | 219 | -6.5% |
Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented from Sweden in 2022:
- Poland (142.2 tons)
- Italy (9.8 tons)
- United Kingdom (2.5 tons)
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