Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Netherlands - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Netherlands (FOB) - 2022
  2. Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Netherlands (CIF) - 2022
  3. Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Netherlands
  4. Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Netherlands

Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Netherlands (FOB) - 2022

The average export price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $700 per ton in 2022, dropping by -64.5% against the previous year. Over the period under review, the export price, however, saw temperate growth. The pace of growth was the most pronounced in 2020 an increase of 244%. As a result, the export price reached the peak level of $2,085 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($3,105 per ton), while the average price for exports to Germany stood at $212 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-6.9%).

Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Netherlands (CIF) - 2022

In 2022, the average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $40 per ton, which is down by -98.5% against the previous year. Over the period under review, the import price showed a sharp downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 1,076% against the previous year. Over the period under review, average import prices reached the peak figure at $12,482 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,320 per ton), while the price for Norway ($14 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+416.6%), while the prices for the other major suppliers experienced a decline.

Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Netherlands

Exports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s from the Netherlands skyrocketed to 2K tons in 2022, growing by 15,033% on 2021. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s skyrocketed to $1.4M in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain13.010.17.2549248.2%
Germany5071.80.5383-8.9%
Others10511.618.749167.2%
Total62523.426.51,42231.5%

Top Export Markets for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) from the Netherlands in 2022:

  1. Germany (1809.8 tons)
  2. Spain (176.8 tons)

Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Netherlands

In 2022, purchases abroad of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s decreased by -66.9% to 415 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 465%. As a result, imports attained the peak of 1.3K tons, and then contracted significantly in the following year.

In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s declined significantly to $17K in 2022. Over the period under review, imports showed a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 2,380% against the previous year. As a result, imports attained the peak of $3.2M, and then dropped dramatically in the following year.

Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany73.32.32,8358.1-52.0%
NorwayN/AN/AN/A5.80%
Austria52.0116136N/A61.7%
Others6.811.42562.6-27.4%
Total1321303,22816.5-50.0%

Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to the Netherlands in 2022:

  1. Norway (410.9 tons)
  2. Germany (2.4 tons)
  3. Austria (0.1 tons)

Source: IndexBox Market Intelligence Platform

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