Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Sweden - 2023

Contents:

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

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

The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $10,293 per ton in 2022, picking up by 18% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 China ($13,705 per ton), while the average price for exports to Japan ($6,733 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 (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $11,378 per ton, declining by -20% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia increased by +71.8% against 2017 indices. The growth pace was the most rapid in 2021 when the average import price increased by 64%. As a result, import price reached the peak level of $14,221 per ton, and then shrank remarkably in the following year.

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 Egypt ($26,140 per ton), while the price for the United States ($4,635 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Sweden

In 2022, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia from Sweden expanded markedly to 20K tons, increasing by 7.6% against 2021. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia skyrocketed to $202M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic53.353.052.573.011.1%
Germany21.924.231.442.825.0%
Italy5.05.18.815.044.2%
United States8.16.05.910.07.3%
China3.21.53.37.935.2%
United Kingdom6.45.55.77.76.4%
Netherlands3.94.06.16.518.6%
Denmark4.22.73.55.27.4%
France5.16.56.04.8-2.0%
Norway6.74.85.13.5-19.5%
Spain2.83.04.03.57.7%
Switzerland1.41.21.82.724.5%
Japan3.22.63.12.7-5.5%
Others20.515.221.216.7-6.6%
Total14613515920211.4%

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

  1. Czech Republic (6.8K tons)
  2. Germany (4.4K tons)
  3. Italy (1.5K tons)
  4. United States (0.9K tons)
  5. United Kingdom (0.8K tons)
  6. Netherlands (0.7K tons)
  7. China (0.6K tons)
  8. Denmark (0.5K tons)
  9. France (0.5K tons)
  10. Japan (0.4K tons)
  11. Norway (0.4K tons)
  12. Spain (0.4K tons)
  13. Switzerland (0.3K tons)

Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Sweden

In 2022, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia into Sweden skyrocketed to 527 tons, growing by 25% compared with 2021. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia dropped to $6M in 2022. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. As a result, imports attained the peak of $6M, leveling off in the following year.

Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,6672,1111,5302,35312.2%
EgyptN/AN/A2,6911,189-55.8%
France2133887551,10573.1%
Netherlands523548492402-8.4%
United States56314.0142255-23.2%
Denmark27920279.0181-13.4%
Spain5.712.114.466.7127.0%
Finland37.620835.739.11.3%
Others29137.526841012.1%
Total3,5793,5206,0086,00218.8%

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

  1. Germany (226.3 tons)
  2. France (106.0 tons)
  3. United States (55.1 tons)
  4. Egypt (45.5 tons)
  5. Denmark (28.4 tons)
  6. Netherlands (26.6 tons)
  7. Spain (13.3 tons)
  8. Finland (6.2 tons)

Source: IndexBox Market Intelligence Platform

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