Price for Steel, Alloy; Ingots and Other Primary Forms in France - 2023

Contents:

  1. Price for Steel, Alloy; Ingots and Other Primary Forms in France (FOB) - 2022
  2. Price for Steel, Alloy; Ingots and Other Primary Forms in France (CIF) - 2022
  3. Exports of Steel, Alloy; Ingots and Other Primary Forms in France
  4. Imports of Steel, Alloy; Ingots and Other Primary Forms in France

Price for Steel, Alloy; Ingots and Other Primary Forms in France (FOB) - 2022

The average export price for steel, alloy; ingots and other primary formses stood at $4,432 per ton in 2022, growing by 2.1% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for steel, alloy; ingots and other primary formses increased by +16.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 22% against the previous year. The export price peaked at $4,740 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($8,728 per ton), while the average price for exports to Italy ($1,389 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 (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Steel, Alloy; Ingots and Other Primary Forms in France (CIF) - 2022

The average import price for steel, alloy; ingots and other primary formses stood at $3,218 per ton in 2022, rising by 17% against the previous year. Overall, the import price continues to indicate tangible growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 124%. The import price peaked at $5,181 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Poland ($29,701 per ton), while the price for Luxembourg ($1,242 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Steel, Alloy; Ingots and Other Primary Forms in France

After three years of growth, shipments abroad of steel, alloy; ingots and other primary formses decreased by -31.5% to 30K tons in 2022. Over the period under review, exports showed a deep downturn. The growth pace was the most rapid in 2020 with an increase of 13%.

In value terms, exports of steel, alloy; ingots and other primary formses shrank notably to $133M in 2022. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of $190M, and then reduced rapidly in the following year.

Export of Steel, Alloy; Ingots and Other Primary Forms in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden80.850.382.174.5-2.7%
Germany74.189.091.043.7-16.1%
Spain6.17.77.99.415.5%
Italy0.21.42.12.5132.1%
Belgium4.72.84.20.5-52.6%
Others2.71.82.32.2-6.6%
Total169153190133-7.7%

Top Export Markets for Steel, Alloy; Ingots and Other Primary Forms from France in 2022:

  1. Germany (14.0K tons)
  2. Sweden (8.5K tons)
  3. Spain (4.6K tons)
  4. Italy (1.8K tons)
  5. Belgium (0.3K tons)

Imports of Steel, Alloy; Ingots and Other Primary Forms in France

For the third year in a row, France recorded decline in purchases abroad of steel, alloy; ingots and other primary formses, which decreased by -3.5% to 6.7K tons in 2022. In general, imports continue to indicate a dramatic decrease.

In value terms, imports of steel, alloy; ingots and other primary formses expanded rapidly to $22M in 2022. Overall, imports showed a abrupt contraction.

Import of Steel, Alloy; Ingots and Other Primary Forms in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.02.43.17.52.3%
Poland2.01.32.56.245.8%
Germany7.94.97.93.6-23.0%
Luxembourg0.2N/AN/A0.314.5%
Sweden5.82.60.90.1-74.2%
NetherlandsN/A6.1N/AN/A0%
Others4.52.94.73.9-4.7%
Total27.420.219.121.6-7.6%

Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to France in 2022:

  1. Italy (4.3K tons)
  2. Germany (1.8K tons)
  3. Poland (0.2K tons)
  4. Luxembourg (0.2K tons)

Source: IndexBox Market Intelligence Platform

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