Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Germany - 2023
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Germany (CIF) - 2022
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Germany (FOB) - 2023
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Germany
- Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Germany
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Germany (CIF) - 2022
In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $7,426 per ton, growing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 Sweden ($17,156 per ton), while the price for Belgium ($4,411 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Germany (FOB) - 2023
The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $14,545 per ton in August 2023, dropping by -17.1% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 42% against the previous month. Over the period under review, the average export prices reached the peak figure at $17,547 per ton in July 2023, and then plummeted in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($57,771 per ton), while the average price for exports to Armenia ($3,405 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Germany
In 2022, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s into Germany fell markedly to 5.2K tons, waning by -15.2% against the previous year. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s reduced slightly to $38M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 7.3% against the previous year. As a result, imports reached the peak of $40M, and then contracted slightly in the following year.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.8 | 3.7 | 6.0 | 7.8 | 17.6% |
| United States | 4.1 | 5.9 | 6.9 | 6.1 | 14.2% |
| Finland | N/A | 5.9 | 6.7 | 5.1 | -7.0% |
| Japan | 3.3 | 3.0 | 3.9 | 3.8 | 4.8% |
| Netherlands | 2.3 | 2.4 | 3.5 | 3.5 | 15.0% |
| Italy | 2.7 | 0.8 | 1.3 | 2.3 | -5.2% |
| Sweden | 8.8 | 9.0 | 4.6 | 2.1 | -38.0% |
| Switzerland | 2.1 | 1.2 | 1.4 | 2.0 | -1.6% |
| Others | 9.4 | 5.4 | 6.0 | 5.7 | -15.4% |
| Total | 37.5 | 37.4 | 40.1 | 38.3 | 0.7% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Germany in 2022:
- France (1525.1 tons)
- Finland (751.0 tons)
- Netherlands (663.8 tons)
- United States (640.9 tons)
- Japan (407.5 tons)
- Italy (240.5 tons)
- Switzerland (234.5 tons)
- Sweden (119.5 tons)
Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Germany
In 2022, the amount of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s exported from Germany contracted dramatically to 2.5K tons, reducing by -17.1% on the previous year's figure. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year.
In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s declined modestly to $32M in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $33M, and then fell slightly in the following year.
| Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1.5 | 1.5 | 2.9 | 4.2 | 40.9% |
| France | 2.3 | 2.4 | 2.9 | 3.2 | 11.6% |
| Poland | 4.5 | 3.0 | 3.4 | 2.9 | -13.6% |
| Austria | 4.6 | 2.5 | 3.8 | 2.6 | -17.3% |
| Netherlands | 1.5 | 1.3 | 1.9 | 2.2 | 13.6% |
| Belgium | 0.4 | 1.1 | 2.6 | 2.2 | 76.5% |
| India | 1.6 | 0.9 | 1.4 | 1.8 | 4.0% |
| Slovakia | 0.8 | 0.6 | 1.1 | 1.4 | 20.5% |
| Czech Republic | 2.3 | 1.0 | 1.2 | 0.8 | -29.7% |
| Sweden | 0.6 | 0.6 | 0.5 | 0.8 | 10.1% |
| Denmark | 1.2 | 0.4 | 0.6 | 0.7 | -16.4% |
| Turkey | 0.6 | 0.4 | 0.3 | 0.6 | 0.0% |
| Thailand | N/A | N/A | 0.2 | 0.5 | 150.0% |
| Others | 7.1 | 7.0 | 10.1 | 7.9 | 3.6% |
| Total | 29.1 | 22.6 | 33.0 | 32.0 | 3.2% |
Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Germany in 2022:
- Netherlands (298.3 tons)
- Austria (295.9 tons)
- Slovakia (266.9 tons)
- France (214.4 tons)
- Belgium (179.0 tons)
- Switzerland (165.4 tons)
- Sweden (161.9 tons)
- Poland (129.8 tons)
- Czech Republic (117.9 tons)
- Turkey (71.2 tons)
- India (58.3 tons)
- Denmark (42.6 tons)
- Thailand (41.1 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
