Price for Steel, Stainless; Ingots and Other Primary Forms in Spain - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Spain (FOB) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Spain (CIF) - 2022
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Spain
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Spain
Price for Steel, Stainless; Ingots and Other Primary Forms in Spain (FOB) - 2022
The average export price for steel, stainless; ingots and other primary formses stood at $9,205 per ton in 2022, dropping by -14.1% against the previous year. Overall, the export price, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 69%. The export price peaked at $10,721 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($14,905 per ton), while the average price for exports to Italy ($3,171 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 Portugal (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Stainless; Ingots and Other Primary Forms in Spain (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $5,569 per ton in 2022, rising by 79% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $5,859 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 ($44,239 per ton), while the price for Portugal ($3,175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Ingots and Other Primary Forms in Spain
After two years of decline, shipments abroad of steel, stainless; ingots and other primary formses increased by 20% to 824 tons in 2022. In general, exports, however, continue to indicate a precipitous contraction.
In value terms, exports of steel, stainless; ingots and other primary formses expanded slightly to $7.6M in 2022. Over the period under review, exports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 24%.
| Export of Steel, Stainless; Ingots and Other Primary Forms in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.5 | 4.6 | 6.1 | 6.6 | 6.3% |
| Austria | N/A | N/A | 0.6 | 0.4 | -33.3% |
| Romania | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Italy | 5.8 | 0.8 | N/A | 0.1 | -74.2% |
| Others | 0.2 | 0.6 | 0.5 | 0.3 | 14.5% |
| Total | 11.5 | 6.0 | 7.4 | 7.6 | -12.9% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Spain in 2022:
- France (683.6 tons)
- Austria (47.1 tons)
- Romania (35.6 tons)
- Italy (28.0 tons)
Imports of Steel, Stainless; Ingots and Other Primary Forms in Spain
In 2022, purchases abroad of steel, stainless; ingots and other primary formses decreased by -43.8% to 603 tons, falling for the second year in a row after two years of growth. In general, imports showed a sharp setback. The pace of growth was the most pronounced in 2020 with an increase of 34%. As a result, imports reached the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of steel, stainless; ingots and other primary formses amounted to $3.4M in 2022. Over the period under review, imports faced a abrupt shrinkage.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 504 | 1,880 | 2,147 | 1,515 | 44.3% |
| Germany | 433 | 5.8 | 6.6 | 657 | 14.9% |
| South Korea | N/A | N/A | N/A | 294 | 0% |
| France | 3,353 | 920 | 459 | 246 | -58.1% |
| United Kingdom | 280 | 172 | 256 | 222 | -7.4% |
| Others | 994 | 836 | 481 | 427 | -24.5% |
| Total | 5,565 | 3,814 | 3,349 | 3,361 | -15.5% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Spain in 2022:
- Italy (382.8 tons)
- France (63.6 tons)
- South Korea (59.4 tons)
- Germany (45.0 tons)
- United Kingdom (24.7 tons)
702
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Spain.
4693
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
217
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2371
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
766
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
1075
In value terms, ferro-cerium and other pyrophoric alloys exports totaled $X in 2016. In general, ferro-cerium and other pyrophoric alloys exports continue to indicate a relatively flat trend patter...
806
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
767
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
