Price for Steel, Stainless; Angles, Shapes and Sections in the Netherlands - 2023

Contents:

  1. Price for Steel, Stainless; Angles, Shapes and Sections in the Netherlands (CIF) - 2023
  2. Price for Steel, Stainless; Angles, Shapes and Sections in the Netherlands (FOB) - 2023
  3. Imports of Steel, Stainless; Angles, Shapes and Sections in the Netherlands
  4. Exports of Steel, Stainless; Angles, Shapes and Sections in the Netherlands

Price for Steel, Stainless; Angles, Shapes and Sections in the Netherlands (CIF) - 2023

The average import price for steel, stainless stood at $6,521 per ton in December 2023, declining by -34.8% against the previous month. Over the period under review, the import price recorded a slight descent. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 148% against the previous month. As a result, import price attained the peak level of $10,006 per ton, and then dropped rapidly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Denmark ($17,910 per ton), while the price for Italy ($2,353 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Angles, Shapes and Sections in the Netherlands (FOB) - 2023

In December 2023, the average export price for steel, stainless amounted to $9,329 per ton, with an increase of 8.3% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average export price increased by 95% m-o-m. As a result, the export price reached the peak level of $11,939 per ton. From March 2023 to December 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was China ($22,700 per ton), while the average price for exports to Austria ($3,304 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Angles, Shapes and Sections in the Netherlands

In 2022, the amount of steel, stainless imported into the Netherlands declined remarkably to 4.4K tons, reducing by -39.2% compared with 2021 figures. Overall, imports faced a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 24%. As a result, imports attained the peak of 7.2K tons, and then dropped significantly in the following year.

In value terms, imports of steel, stainless dropped significantly to $22M in 2022. Over the period under review, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, imports reached the peak of $35M, and then shrank significantly in the following year.

Import of Steel, Stainless; Angles, Shapes and Sections in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.37.213.58.5-11.6%
India3.07.2N/A7.334.5%
China1.11.12.21.613.3%
Denmark2.91.76.61.3-23.5%
Italy4.31.33.11.0-38.5%
Switzerland1.41.11.60.4-34.1%
Spain0.30.20.30.30.0%
Belgium4.20.30.20.2-63.8%
Others1.71.57.01.3-8.6%
Total31.221.534.722.0-11.0%

Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to the Netherlands in 2022:

  1. India (1822.3 tons)
  2. Germany (1338.2 tons)
  3. Italy (348.4 tons)
  4. Denmark (253.1 tons)
  5. China (240.9 tons)
  6. Spain (155.7 tons)
  7. Switzerland (41.0 tons)
  8. Belgium (32.4 tons)

Exports of Steel, Stainless; Angles, Shapes and Sections in the Netherlands

In 2022, shipments abroad of steel, stainless decreased by -50.3% to 2.2K tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2020 when exports increased by 269% against the previous year. As a result, the exports reached the peak of 6.3K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of steel, stainless declined rapidly to $20M in 2022. Over the period under review, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 165%. As a result, the exports reached the peak of $31M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Steel, Stainless; Angles, Shapes and Sections in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5.78.910.28.212.9%
Germany2.210.65.73.718.9%
United States0.10.30.51.2128.9%
CubaN/AN/AN/A1.00%
France0.61.00.91.018.6%
Czech Republic0.32.11.40.838.7%
Poland0.82.50.60.6-9.1%
Italy0.30.70.50.410.1%
ThailandN/AN/A0.10.2100.0%
Austria0.21.84.70.1-20.6%
Others1.63.13.62.516.0%
Total11.731.028.119.618.8%

Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from the Netherlands in 2022:

  1. Belgium (861.2 tons)
  2. Germany (648.9 tons)
  3. Czech Republic (103.5 tons)
  4. France (103.0 tons)
  5. Poland (65.4 tons)
  6. United States (54.9 tons)
  7. Italy (50.1 tons)
  8. Thailand (47.4 tons)
  9. Cuba (44.5 tons)
  10. Austria (12.1 tons)

Source: IndexBox Market Intelligence Platform

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