Price for Steel, Alloy; Ingots and Other Primary Forms in Portugal - 2023
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Portugal (CIF) - 2022
- Price for Steel, Alloy; Ingots and Other Primary Forms in Portugal (FOB) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Portugal
- Exports of Steel, Alloy; Ingots and Other Primary Forms in Portugal
Price for Steel, Alloy; Ingots and Other Primary Forms in Portugal (CIF) - 2022
In 2022, the average import price for steel, alloy; ingots and other primary formses amounted to $3,684 per ton, waning by -14.8% against the previous year. In general, the import price, however, saw a perceptible expansion. The growth pace was the most rapid in 2014 an increase of 135%. The import price peaked at $4,322 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4,927 per ton), while the price for China ($1,841 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Ingots and Other Primary Forms in Portugal (FOB) - 2022
In 2022, the average export price for steel, alloy; ingots and other primary formses amounted to $9,539 per ton, picking up by 84% against the previous year. Overall, the export price, however, recorded a slight decline. The pace of growth appeared the most rapid in 2021 an increase of 264% against the previous year. The export price peaked at $10,856 per ton in 2012; however, from 2013 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 Spain ($10,087 per ton), while the average price for exports to the Netherlands ($400 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 Brazil (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Alloy; Ingots and Other Primary Forms in Portugal
In 2022, the amount of steel, alloy; ingots and other primary formses imported into Portugal contracted remarkably to 212 tons, falling by -22.7% against the previous year. In general, imports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 121%.
In value terms, imports of steel, alloy; ingots and other primary formses reduced rapidly to $782K in 2022. Over the period under review, imports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 176% against the previous year.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,366 | 81.8 | 518 | 521 | -27.5% |
| China | N/A | N/A | N/A | 151 | 0% |
| Netherlands | 22.1 | 161 | 330 | 72.3 | 48.5% |
| Luxembourg | 30.7 | 26.2 | 0.2 | 38.2 | 7.6% |
| Germany | 121 | 79.9 | 136 | N/A | 6.0% |
| Austria | 94.2 | 80.9 | 64.8 | N/A | -17.1% |
| Italy | 177 | 0.2 | N/A | N/A | -99.9% |
| Others | 0.5 | N/A | 139 | 0.1 | -41.5% |
| Total | 1,811 | 430 | 1,188 | 782 | -24.4% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Portugal in 2022:
- Spain (107.8 tons)
- China (81.9 tons)
- Netherlands (14.7 tons)
- Luxembourg (8.0 tons)
Exports of Steel, Alloy; Ingots and Other Primary Forms in Portugal
In 2022, overseas shipments of steel, alloy; ingots and other primary formses decreased by -93.5% to 1.2 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 0.2%. As a result, the exports attained the peak of 145 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of steel, alloy; ingots and other primary formses dropped significantly to $11K in 2022. In general, exports faced a precipitous curtailment. The smallest decline of -25.8% was in 2020.
| Export of Steel, Alloy; Ingots and Other Primary Forms in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 94.9 | 37.3 | 54.5 | 6.0 | -60.2% |
| Italy | N/A | 7.7 | N/A | 2.9 | -38.6% |
| Colombia | 91.6 | 5.4 | 10.0 | N/A | -67.0% |
| Czech Republic | 67.5 | 27.1 | 28.9 | N/A | -34.6% |
| Brazil | 25.5 | 130 | N/A | N/A | 409.8% |
| Others | N/A | N/A | 1.7 | 2.4 | 41.2% |
| Total | 279 | 207 | 95.1 | 11.3 | -65.7% |
Top Export Markets for Steel, Alloy; Ingots and Other Primary Forms from Portugal in 2022:
- Spain (599.0 kg)
- Italy (550.0 kg)
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