Price for Steel, Stainless; Ingots and Other Primary Forms in Luxembourg - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Luxembourg (CIF) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Luxembourg (FOB) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Luxembourg
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Luxembourg
Price for Steel, Stainless; Ingots and Other Primary Forms in Luxembourg (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $4,458 per ton in 2022, remaining constant against the previous year. Over the period under review, the import price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2016 an increase of 315%. Over the period under review, average import prices attained the maximum at $10,169 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($22,417 per ton), while the price for Belgium ($1,385 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Ingots and Other Primary Forms in Luxembourg (FOB) - 2022
In 2022, the average export price for steel, stainless; ingots and other primary formses amounted to $5,390 per ton, shrinking by -69.2% against the previous year. In general, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 185%. The export price peaked at $20,669 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($6,973 per ton), while the average price for exports to France totaled $5,021 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.9%).
Imports of Steel, Stainless; Ingots and Other Primary Forms in Luxembourg
In 2022, imports of steel, stainless; ingots and other primary formses into Luxembourg soared to 24 tons, picking up by 35% compared with the previous year's figure. In general, imports, however, continue to indicate a abrupt decrease.
In value terms, imports of steel, stainless; ingots and other primary formses soared to $108K in 2022. Over the period under review, imports, however, faced a precipitous shrinkage.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 139 | 66.6 | 36.7 | 90.6 | -13.3% |
| Belgium | 57.4 | 15.6 | 16.1 | 14.4 | -36.9% |
| Others | 56.4 | 0.9 | 28.6 | 3.4 | -60.8% |
| Total | 252 | 83.1 | 81.4 | 108 | -24.6% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Luxembourg in 2022:
- Germany (13.7 tons)
- Belgium (10.4 tons)
Exports of Steel, Stainless; Ingots and Other Primary Forms in Luxembourg
In 2022, approx. 598 kg of steel, stainless; ingots and other primary formses were exported from Luxembourg; declining by -61.6% against the previous year. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,280%. As a result, the exports reached the peak of 1.6 tons, and then contracted notably in the following year.
In value terms, exports of steel, stainless; ingots and other primary formses reduced markedly to $3.2K in 2022. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 3,838%. As a result, the exports attained the peak of $27K, and then declined rapidly in the following year.
| Export of Steel, Stainless; Ingots and Other Primary Forms in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.7 | 0.7 | 5.8 | 2.4 | 50.8% |
| Belgium | 0.5 | N/A | 3.2 | 0.8 | 17.0% |
| United States | N/A | N/A | 18.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 0.7 | 27.3 | 3.2 | 38.7% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Luxembourg in 2022:
- France (485.0 kg)
- Belgium (113.0 kg)
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