Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Netherlands - 2023
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Netherlands (FOB) - 2022
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Netherlands (CIF) - 2023
- Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Netherlands
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Netherlands
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Netherlands (FOB) - 2022
The average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $2,355 per ton in 2022, jumping by 127% against the previous year. Overall, the export price showed a prominent increase. 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 the UK ($5,046 per ton), while the average price for exports to Sweden ($1,749 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 the UK (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Netherlands (CIF) - 2023
In August 2023, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $997 per ton, with an increase of 11% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $1,056 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was Brazil ($1,142 per ton), while the price for the UK amounted to $861 per ton.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Netherlands
Exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses from the Netherlands fell significantly to 46K tons in 2022, declining by -52.2% against 2021 figures. Over the period under review, exports showed a pronounced contraction. The pace of growth was the most pronounced in 2021 when exports increased by 103% against the previous year. As a result, the exports attained the peak of 97K tons, and then reduced rapidly in the following year.
In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses rose remarkably to $109M in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 131% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.5 | 22.8 | 53.5 | 67.9 | 29.2% |
| Sweden | 2.7 | 4.7 | 7.3 | 6.0 | 30.5% |
| Italy | 4.6 | 4.4 | 11.7 | 5.9 | 8.7% |
| France | 5.8 | 3.3 | 5.0 | 5.2 | -3.6% |
| Poland | 1.3 | 0.9 | 2.5 | 4.9 | 55.6% |
| United Kingdom | 1.4 | 0.3 | 4.7 | 4.7 | 49.7% |
| Spain | 1.4 | 1.2 | 2.9 | 3.9 | 40.7% |
| Slovakia | 1.1 | 0.9 | 2.1 | 3.5 | 47.1% |
| Others | 4.9 | 5.1 | 11.0 | 6.8 | 11.5% |
| Total | 54.7 | 43.5 | 101 | 109 | 25.8% |
Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from the Netherlands in 2022:
- Germany (32.1K tons)
- Sweden (3.4K tons)
- France (2.2K tons)
- Poland (1.9K tons)
- Italy (1.5K tons)
- Slovakia (1.4K tons)
- Spain (1.0K tons)
- United Kingdom (0.9K tons)
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Netherlands
In 2022, the amount of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses imported into the Netherlands rose notably to 64K tons, with an increase of 11% compared with the previous year. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 148%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses skyrocketed to $74M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 230%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.8 | 0.6 | 20.7 | 27.9 | 226.7% |
| Germany | 8.0 | 11.9 | 21.1 | 27.0 | 50.0% |
| India | N/A | N/A | 4.8 | 9.5 | 97.9% |
| Spain | N/A | N/A | N/A | 2.9 | 0% |
| Austria | N/A | N/A | 1.7 | 2.6 | 52.9% |
| Brazil | N/A | 1.7 | 0.8 | 1.4 | -9.3% |
| France | 1.9 | 1.1 | 1.3 | 1.2 | -14.2% |
| Belgium | 2.4 | N/A | 0.1 | 0.1 | -65.3% |
| Others | 0.1 | 0.2 | 0.8 | 0.8 | 100.0% |
| Total | 13.3 | 15.6 | 51.5 | 73.5 | 76.8% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to the Netherlands in 2022:
- United Kingdom (25.2K tons)
- Germany (22.7K tons)
- India (9.6K tons)
- Spain (2.0K tons)
- Austria (1.6K tons)
- Brazil (1.2K tons)
- France (0.7K tons)
- Belgium (0.1K tons)
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