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

Contents:

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

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

In 2022, the average import price for steel, alloy; ingots and other primary formses amounted to $2,709 per ton, dropping by -10.3% against the previous year. Overall, the import price, however, enjoyed a slight increase. The growth pace was the most rapid in 2016 when the average import price increased by 68%. The import price peaked at $5,238 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 the United States ($20,517 per ton), while the price for Taiwan (Chinese) ($165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+75.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for steel, alloy; ingots and other primary formses stood at $4,713 per ton in 2022, stabilizing at the previous year. Overall, the export price, however, saw a strong increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 144% against the previous year. The export price peaked at $5,684 per ton in 2018; however, from 2019 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 Russia ($8,099 per ton), while the average price for exports to the UK ($2,223 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 Italy (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of steel, alloy; ingots and other primary formses imported into the Netherlands skyrocketed to 694 tons, picking up by 35% on 2021 figures. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 139% against the previous year. 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 skyrocketed to $1.9M in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Steel, Alloy; Ingots and Other Primary Forms in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A2141,27278391.3%
United Kingdom6896732.87241.7%
United StatesN/A43.1127267148.9%
FinlandN/AN/AN/A50.00%
Taiwan (Chinese)N/AN/A0.39.22966.7%
Germany23019419.60.1-92.4%
Others19.93.013147.533.6%
Total9391,1271,5521,88026.0%

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

  1. India (358.6 tons)
  2. United Kingdom (225.8 tons)
  3. Taiwan (Chinese) (56.0 tons)
  4. Finland (27.0 tons)
  5. United States (13.0 tons)

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

In 2022, approx. 302 tons of steel, alloy; ingots and other primary formses were exported from the Netherlands; falling by -18.5% compared with the previous year's figure. In general, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 134%. As a result, the exports reached the peak of 370 tons, and then shrank dramatically in the following year.

In value terms, exports of steel, alloy; ingots and other primary formses contracted remarkably to $1.4M in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 104% against the previous year. As a result, the exports reached the peak of $1.8M, and then dropped significantly in the following year.

Export of Steel, Alloy; Ingots and Other Primary Forms in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany47.71901,247828158.9%
Belgium272349343247-3.2%
United KingdomN/AN/A5.92403967.8%
Russia13878.915460.5-24.0%
Qatar170N/AN/AN/A0%
Others99.724310.748.6-21.3%
Total7268611,7601,42425.2%

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

  1. Germany (149.9 tons)
  2. United Kingdom (107.8 tons)
  3. Belgium (33.0 tons)
  4. Russia (7.5 tons)

Source: IndexBox Market Intelligence Platform

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