Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Norway - 2024

Contents:

  1. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Norway (CIF) - 2022
  2. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Norway (FOB) - 2022
  3. Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Norway
  4. Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Norway

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Norway (CIF) - 2022

The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $17,348 per ton in 2022, which is down by -4.4% against the previous year. Overall, the import price saw a mild decline. The most prominent rate of growth was recorded in 2016 an increase of 26% against the previous year. Over the period under review, average import prices reached the maximum at $20,414 per ton in 2018; however, from 2019 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 Germany ($47,689 per ton), while the price for Poland ($6,823 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Norway (FOB) - 2022

The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $21,462 per ton in 2022, picking up by 31% against the previous year. Overall, the export price showed prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 78% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($49,818 per ton), while the average price for exports to the United States ($9,677 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 the UK (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Norway

For the third consecutive year, Norway recorded decline in supplies from abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia, which decreased by -10.3% to 2K tons in 2022. Over the period under review, imports continue to indicate a sharp descent. The smallest decline of -3.9% was in 2021.

In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia contracted to $36M in 2022. In general, imports continue to indicate a precipitous curtailment. The smallest decline of -7.8% was in 2021.

Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic33.221.714.518.7-17.4%
Spain3.510.40.65.818.3%
Japan13.10.10.92.3-44.0%
China0.60.80.91.946.8%
Sweden4.92.32.81.2-37.4%
Austria14.86.717.51.0-59.3%
Germany2.11.01.80.7-30.7%
PolandN/AN/A0.30.566.7%
Others4.61.92.13.3-10.5%
Total76.844.941.435.5-22.7%

Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Norway in 2022:

  1. Czech Republic (846.7 tons)
  2. Spain (342.2 tons)
  3. China (220.8 tons)
  4. Japan (157.8 tons)
  5. Sweden (113.0 tons)
  6. Poland (71.3 tons)
  7. Austria (59.5 tons)
  8. Germany (14.9 tons)

Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Norway

In 2022, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia from Norway dropped sharply to 209 tons, waning by -33.6% compared with the previous year. Over the period under review, exports continue to indicate a precipitous setback. The smallest decline of -10.1% was in 2021.

In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia declined to $4.5M in 2022. In general, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year.

Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey6.854.5185687365.7%
France79.082246.654790.6%
United States18267.522038127.9%
South Korea27238.01,04437911.7%
Netherlands21585.73102839.6%
Poland24563.698.4200-6.5%
Singapore1,7801,337510186-52.9%
China17.925.6200168110.9%
United Kingdom460287181160-29.7%
Germany259329142160-14.8%
Denmark453172214157-29.8%
Sweden52.564.730914440.0%
Romania20.039.527.967.550.0%
Others1,8551,1381,682971-19.4%
Total5,8974,5245,1704,492-8.7%

Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Norway in 2022:

  1. United States (39.4 tons)
  2. South Korea (26.7 tons)
  3. France (26.3 tons)
  4. Turkey (13.8 tons)
  5. Sweden (13.7 tons)
  6. China (9.6 tons)
  7. Denmark (9.1 tons)
  8. Poland (8.7 tons)
  9. Netherlands (8.0 tons)
  10. United Kingdom (8.0 tons)
  11. Singapore (7.3 tons)
  12. Romania (6.0 tons)
  13. Germany (5.6 tons)

Source: IndexBox Market Intelligence Platform

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