Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Norway - 2024
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Norway (CIF) - 2024
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Norway (FOB) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Norway
- Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Norway
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Norway (CIF) - 2024
The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $3,303 per ton in September 2023, declining by -31.1% against the previous month. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in May 2023 an increase of 492% m-o-m. As a result, import price attained the peak level of $7,365 per ton. From June 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($9,704 per ton), while the price for Switzerland ($1,085 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Denmark (+19.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Norway (FOB) - 2022
The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $11,876 per ton in 2022, growing by 9% against the previous year. Overall, the export price posted a modest increase. The pace of growth was the most pronounced in 2015 an increase of 192%. Over the period under review, the average export prices attained the peak figure at $27,768 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($53,006 per ton), while the average price for exports to Singapore ($5,332 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 Sweden (+3.2%), 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 Norway
In 2022, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s into Norway surged to 1.7K tons, picking up by 91% against 2021. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $6.4M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 20.3 | 39.8 | 52.9 | 2,162 | 374.0% |
| China | 720 | 336 | 3,043 | 2,119 | 43.3% |
| India | 3,252 | 3,002 | 577 | 931 | -34.1% |
| Taiwan (Chinese) | 700 | 0.1 | 21.7 | 573 | -6.5% |
| Sweden | 1,007 | 786 | 406 | 186 | -43.0% |
| Others | 525 | 289 | 438 | 403 | -8.4% |
| Total | 6,224 | 4,453 | 4,539 | 6,373 | 0.8% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Norway in 2022:
- Denmark (1139.9 tons)
- China (353.5 tons)
- Taiwan (Chinese) (105.9 tons)
- India (77.4 tons)
- Sweden (16.3 tons)
Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Norway
Exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s from Norway dropped to 16 tons in 2022, with a decrease of -9.7% on the previous year. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year.
In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s reduced slightly to $189K in 2022. Over the period under review, exports showed a perceptible setback. The pace of growth was the most pronounced in 2021 when exports increased by 26%.
| Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.5 | N/A | N/A | 66.1 | 253.2% |
| Sweden | 7.4 | 49.6 | 36.2 | 34.3 | 66.7% |
| Russia | 0.8 | N/A | 4.8 | 27.5 | 225.1% |
| Singapore | 4.4 | N/A | N/A | 15.0 | 50.5% |
| United Kingdom | 3.8 | 0.6 | 81.3 | 8.9 | 32.8% |
| Denmark | 66.8 | N/A | 1.6 | 7.8 | -51.1% |
| Lithuania | N/A | 1.0 | N/A | 5.4 | 132.4% |
| Italy | 10.3 | 12.4 | 11.9 | 4.9 | -21.9% |
| Germany | 10.3 | 37.0 | 24.9 | N/A | 55.5% |
| Malaysia | 48.1 | N/A | N/A | N/A | 0% |
| Ghana | 2.2 | 17.2 | N/A | N/A | 681.8% |
| Others | 53.0 | 35.4 | 31.8 | 19.4 | -28.5% |
| Total | 209 | 153 | 192 | 189 | -3.3% |
Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Norway in 2022:
- Russia (5.1 tons)
- Sweden (3.6 tons)
- Singapore (2.8 tons)
- France (1.2 tons)
- Lithuania (0.9 tons)
- United Kingdom (0.6 tons)
- Italy (0.4 tons)
- Denmark (0.4 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
