Price for Steel, Alloy; Ingots and Other Primary Forms in Spain - 2023
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Spain (CIF) - 2022
- Price for Steel, Alloy; Ingots and Other Primary Forms in Spain (FOB) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Spain
- Exports of Steel, Alloy; Ingots and Other Primary Forms in Spain
Price for Steel, Alloy; Ingots and Other Primary Forms in Spain (CIF) - 2022
In 2022, the average import price for steel, alloy; ingots and other primary formses amounted to $2,417 per ton, picking up by 96% against the previous year. Overall, the import price saw a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($35,878 per ton), while the price for Italy ($1,405 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+41.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Ingots and Other Primary Forms in Spain (FOB) - 2022
The average export price for steel, alloy; ingots and other primary formses stood at $10,577 per ton in 2022, falling by -11.3% against the previous year. In general, the export price, however, saw slight growth. The most prominent rate of growth was recorded in 2017 an increase of 313%. As a result, the export price attained the peak level of $14,983 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($46,885 per ton), while the average price for exports to the Netherlands ($2,672 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 Denmark (+41.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Alloy; Ingots and Other Primary Forms in Spain
After three years of growth, overseas purchases of steel, alloy; ingots and other primary formses decreased by -1.6% to 15K tons in 2022. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year.
In value terms, imports of steel, alloy; ingots and other primary formses soared to $36M in 2022. Overall, imports, however, posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.1 | 5.0 | 4.8 | 22.6 | 93.9% |
| Italy | 7.6 | 2.6 | 8.1 | 8.4 | 3.4% |
| France | 3.9 | 5.4 | 5.4 | 4.6 | 5.7% |
| Czech Republic | 1.0 | 2.0 | N/A | 0.1 | -53.6% |
| Others | 2.4 | 0.7 | 0.5 | 0.6 | -37.0% |
| Total | 18.0 | 15.7 | 18.9 | 36.3 | 26.3% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Spain in 2022:
- Germany (6.6K tons)
- Italy (6.0K tons)
- France (2.2K tons)
- Czech Republic (0.1K tons)
Exports of Steel, Alloy; Ingots and Other Primary Forms in Spain
In 2022, after two years of decline, there was significant growth in shipments abroad of steel, alloy; ingots and other primary formses, when their volume increased by 25% to 153 tons. Overall, exports, however, faced a significant curtailment.
In value terms, exports of steel, alloy; ingots and other primary formses expanded notably to $1.6M in 2022. In general, exports, however, recorded a precipitous descent.
| Export of Steel, Alloy; Ingots and Other Primary Forms in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.4 | 19.0 | 13.5 | 563 | 278.3% |
| Portugal | 896 | 220 | 29.0 | 268 | -33.1% |
| France | 222 | 122 | 235 | 207 | -2.3% |
| Germany | 3,291 | 1,016 | 959 | 158 | -63.7% |
| Romania | 129 | N/A | N/A | 145 | 4.0% |
| Czech Republic | N/A | N/A | 0.2 | 101 | 50400.0% |
| Netherlands | 0.2 | 35.6 | 35.8 | 48.2 | 522.3% |
| Italy | 18.1 | 113 | 81.4 | 35.5 | 25.2% |
| Poland | 902 | 14.1 | 57.3 | 4.6 | -82.8% |
| Others | 156 | 166 | 52.5 | 85.8 | -18.1% |
| Total | 5,625 | 1,705 | 1,464 | 1,617 | -34.0% |
Top Export Markets for Steel, Alloy; Ingots and Other Primary Forms from Spain in 2022:
- United States (62.2 tons)
- France (23.7 tons)
- Portugal (23.4 tons)
- Netherlands (18.0 tons)
- Czech Republic (7.3 tons)
- Germany (5.9 tons)
- Romania (5.4 tons)
- Italy (3.8 tons)
- Poland (0.3 tons)
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