Price for Stainless Steel in Ingots or Other Primary Forms in France - 2023
Contents:
- Price for Stainless Steel in Ingots or Other Primary Forms in France (CIF) - 2023
- Price for Stainless Steel in Ingots or Other Primary Forms in France (FOB) - 2022
- Imports of Stainless Steel in Ingots or Other Primary Forms in France
- Exports of Stainless Steel in Ingots or Other Primary Forms in France
Price for Stainless Steel in Ingots or Other Primary Forms in France (CIF) - 2023
The average import price for stainless steel in ingots or other primary forms stood at $5,301 per ton in August 2023, falling by -14.2% against the previous month. Over the period under review, import price indicated a slight increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for stainless steel in ingots or other primary forms decreased by -20.5% against March 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 21% month-to-month. The import price peaked at $6,664 per ton in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was the UK ($8,210 per ton), while the price for the United States totaled $6,961 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel in Ingots or Other Primary Forms in France (FOB) - 2022
The average export price for stainless steel in ingots or other primary forms stood at $4,452 per ton in 2022, surging by 22% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($4,950 per ton), while the average price for exports to Austria ($2,030 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 (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Stainless Steel in Ingots or Other Primary Forms in France
In 2022, the amount of stainless steel in ingots or other primary forms imported into France skyrocketed to 98K tons, jumping by 147% compared with 2021 figures. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of stainless steel in ingots or other primary forms surged to $434M in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel in Ingots or Other Primary Forms in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 42.0 | 29.8 | 40.1 | 159 | 55.9% |
| Italy | 23.9 | 14.8 | 24.1 | 140 | 80.3% |
| Belgium | 22.4 | 36.2 | 53.1 | 78.7 | 52.0% |
| Austria | 40.0 | 31.8 | 27.2 | 24.7 | -14.8% |
| United Kingdom | 1.9 | 1.4 | 5.8 | 8.3 | 63.5% |
| Others | 12.7 | 13.1 | 8.2 | 23.2 | 22.2% |
| Total | 143 | 127 | 159 | 434 | 44.8% |
Top Suppliers of Stainless Steel in Ingots or Other Primary Forms to France in 2022:
- Germany (43.9K tons)
- Italy (25.5K tons)
- Belgium (19.6K tons)
- Austria (3.3K tons)
- United Kingdom (2.1K tons)
Exports of Stainless Steel in Ingots or Other Primary Forms in France
In 2022, exports of stainless steel in ingots or other primary forms from France contracted notably to 14K tons, dropping by -24.5% on 2021. Over the period under review, exports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of 19K tons, and then dropped markedly in the following year.
In value terms, exports of stainless steel in ingots or other primary forms reduced to $63M in 2022. In general, exports showed a mild descent. The growth pace was the most rapid in 2021 when exports increased by 35% against the previous year. As a result, the exports reached the peak of $68M, and then dropped in the following year.
| Export of Stainless Steel in Ingots or Other Primary Forms in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 39.6 | 27.4 | 41.3 | 35.2 | -3.9% |
| Portugal | 5.1 | 7.7 | 10.3 | 5.2 | 0.6% |
| Italy | 3.5 | 3.0 | 3.3 | 4.2 | 6.3% |
| Austria | 0.1 | 0.1 | 1.0 | 3.2 | 217.5% |
| Netherlands | 0.6 | 0.7 | 1.1 | 2.3 | 56.5% |
| Belgium | 1.0 | 0.9 | 1.5 | 1.5 | 14.5% |
| Spain | 3.6 | 0.8 | 1.0 | 1.5 | -25.3% |
| Others | 11.9 | 9.6 | 8.6 | 9.4 | -7.6% |
| Total | 65.2 | 50.3 | 68.0 | 62.5 | -1.4% |
Top Export Markets for Stainless Steel in Ingots or Other Primary Forms from France in 2022:
- Germany (7.1K tons)
- Austria (1.6K tons)
- Portugal (1.5K tons)
- Netherlands (1.1K tons)
- Italy (1.0K tons)
- Spain (0.7K tons)
- Belgium (0.6K tons)
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