Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Portugal - 2023

Contents:

  1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Portugal (CIF) - 2023
  2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Portugal (FOB) - 2023
  3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Portugal
  4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Portugal

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Portugal (CIF) - 2023

In September 2023, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $2,727 per ton, picking up by 12% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 41% against the previous month. As a result, import price reached the peak level of $3,122 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Turkey ($5,505 per ton), while the price for the Netherlands ($1,636 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Portugal (FOB) - 2023

The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,908 per ton in September 2023, picking up by 9.2% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 39% month-to-month. As a result, the export price reached the peak level of $3,767 per ton. From May 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From December 2022 to September 2023, the rate of growth in terms of prices for Spain amounted to +48.0% per month.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Portugal

Imports of alloy steel flat-rolled products, of a width of less than 600mms into Portugal soared to 6.8K tons in 2022, picking up by 59% against 2021 figures. In general, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms soared to $16M in 2022. Over the period under review, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.05.55.35.7-1.7%
France1.10.41.23.648.5%
Spain1.20.71.22.426.0%
Italy0.20.40.81.386.6%
Austria0.90.50.50.90.0%
Netherlands0.40.30.50.57.7%
Others0.10.10.51.1122.4%
Total9.97.910.215.516.1%

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Portugal in 2022:

  1. Germany (2268.0 tons)
  2. France (2027.1 tons)
  3. Spain (1383.5 tons)
  4. Austria (335.0 tons)
  5. Italy (294.0 tons)
  6. Netherlands (265.5 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Portugal

Exports of alloy steel flat-rolled products, of a width of less than 600mms from Portugal dropped to 1.6K tons in 2022, reducing by -10.9% on 2021 figures. In general, exports showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms rose significantly to $5.2M in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 41%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.03.34.74.64.8%
Angola0.1N/AN/A0.458.7%
Spain0.5N/AN/AN/A0%
Others0.10.10.10.10.0%
Total4.73.44.85.23.4%

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Portugal in 2022:

  1. France (1534.0 tons)
  2. Angola (62.3 tons)
  3. Spain (2.2 tons)

Source: IndexBox Market Intelligence Platform

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