Price for Steel, Alloy; Ingots and Other Primary Forms in Luxembourg - 2023
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Luxembourg (CIF) - 2022
- Price for Steel, Alloy; Ingots and Other Primary Forms in Luxembourg (FOB) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Luxembourg
- Exports of Steel, Alloy; Ingots and Other Primary Forms in Luxembourg
Price for Steel, Alloy; Ingots and Other Primary Forms in Luxembourg (CIF) - 2022
In 2022, the average import price for steel, alloy; ingots and other primary formses amounted to $10,230 per ton, shrinking by -73.2% against the previous year. Overall, the import price, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 164%. The import price peaked at $83,867 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($52,931 per ton), while the price for Spain ($397 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Ingots and Other Primary Forms in Luxembourg (FOB) - 2022
In 2022, the average export price for steel, alloy; ingots and other primary formses amounted to $24,694 per ton, with a decrease of -56.9% against the previous year. Over the period under review, the export price, however, enjoyed a resilient increase. The growth pace was the most rapid in 2015 an increase of 242%. The export price peaked at $62,600 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($29,845 per ton), while the average price for exports to France stood at $24,384 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.9%).
Imports of Steel, Alloy; Ingots and Other Primary Forms in Luxembourg
In 2022, imports of steel, alloy; ingots and other primary formses into Luxembourg surged to 49 tons, with an increase of 210% compared with 2021. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 327%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of steel, alloy; ingots and other primary formses dropped markedly to $496K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 65%. As a result, imports reached the peak of $596K, and then fell markedly in the following year.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 49.0 | 160 | 61.9 | 179 | 54.0% |
| France | 67.8 | 4.6 | 5.8 | 171 | 36.1% |
| Belgium | 10.3 | 7.7 | 40.4 | 81.2 | 99.0% |
| Spain | N/A | N/A | N/A | 1.3 | 0% |
| Others | 300 | 189 | 488 | 63.0 | -40.6% |
| Total | 427 | 361 | 596 | 496 | 5.1% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Luxembourg in 2022:
- Germany (40.0 tons)
- Spain (3.3 tons)
- France (3.2 tons)
- Belgium (1.8 tons)
Exports of Steel, Alloy; Ingots and Other Primary Forms in Luxembourg
Exports of steel, alloy; ingots and other primary formses from Luxembourg soared to 15 tons in 2022, rising by 110,500% compared with the previous year's figure. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, alloy; ingots and other primary formses soared to $382K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steel, Alloy; Ingots and Other Primary Forms in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.3 | N/A | N/A | 356 | 958.7% |
| Belgium | 0.2 | N/A | N/A | 25.9 | 405.9% |
| Others | N/A | N/A | 0.8 | 0.3 | -62.5% |
| Total | 0.5 | N/A | 0.8 | 382 | 814.2% |
Top Export Markets for Steel, Alloy; Ingots and Other Primary Forms from Luxembourg in 2022:
- France (14.6 tons)
- Belgium (0.9 tons)
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