Benelux: Non-Alloy Steel U-Section Market 2024

Non-Alloy Steel U-Section Market Size in Benelux

The Benelux non-alloy steel u-section market amounted to $X in 2022, surging by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Non-Alloy Steel U-Section Production in Benelux

In value terms, non-alloy steel u-section production expanded sharply to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Non-Alloy Steel U-Section Exports

Exports in Benelux

In 2022, non-alloy steel u-section exports in Benelux skyrocketed to X tons, surging by X% on 2021 figures. Over the period under review, exports, however, showed a mild descent. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, non-alloy steel u-section exports skyrocketed to $X in 2022. In general, exports saw measured growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Luxembourg (X tons) and Belgium (X tons) represented roughly X% of total exports in 2022. It was distantly followed by the Netherlands (X tons), committing a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Luxembourg ($X), the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Belgium, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, with an increase of X% against the previous year. Export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel u-section export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced more modest paces of growth.

Non-Alloy Steel U-Section Imports

Imports in Benelux

In 2022, approx. X tons of u-sections of non-alloy steel were imported in Benelux; shrinking by X% against the previous year's figure. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, non-alloy steel u-section imports skyrocketed to $X in 2022. Overall, imports, however, posted moderate growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) represented the major importer of u-sections of non-alloy steel, committing X% of total imports. Belgium (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Luxembourg (X%).

The Netherlands was also the fastest-growing in terms of the u-sections of non-alloy steel imports, with a CAGR of X% from 2012 to 2022. Belgium experienced a relatively flat trend pattern. Luxembourg (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported u-sections of non-alloy steel in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

In the Netherlands, non-alloy steel u-section imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Luxembourg (X% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel u-section import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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