United Kingdom - Welded And Cold-Formed Sections Of Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Welded and Cold-Formed Steel Sections in the UK - 2023
Contents:
- Price for Welded and Cold-Formed Steel Sections in the UK (FOB) - 2022
- Price for Welded and Cold-Formed Steel Sections in the UK (CIF) - 2022
- Exports of Welded and Cold-Formed Steel Sections in the UK
- Imports of Welded and Cold-Formed Steel Sections in the UK
Price for Welded and Cold-Formed Steel Sections in the UK (FOB) - 2022
The average export price for welded and cold-formed sections of steel stood at $7,547 per ton in 2022, jumping by 20% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by 41%. The export price peaked at $8,496 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($22,915 per ton), while the average price for exports to the United Arab Emirates ($1,066 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 Saint Helena, Ascension and Tristan da Cunha (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Welded and Cold-Formed Steel Sections in the UK (CIF) - 2022
The average import price for welded and cold-formed sections of steel stood at $2,600 per ton in 2022, increasing by 4.1% against the previous year. In general, the import price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 47%. Over the period under review, average import prices hit record highs at $4,601 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Switzerland ($10,926 per ton), while the price for Ireland ($1,369 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Welded and Cold-Formed Steel Sections in the UK
In 2022, welded and cold-formed steel sections exports from the UK declined modestly to 4.4K tons, which is down by -2.5% against the previous year. Overall, exports saw a mild setback. The pace of growth appeared the most rapid in 2021 when exports increased by 0.6% against the previous year.
In value terms, welded and cold-formed steel sections exports skyrocketed to $34M in 2022. Over the period under review, exports showed a mild slump.
| Export of Welded and Cold-Formed Steel Sections in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 2.7 | 2.8 | 3.3 | 5.6 | 27.5% |
| United States | 1.4 | 1.1 | 3.7 | 4.8 | 50.8% |
| France | 1.1 | 0.6 | 3.4 | 3.6 | 48.5% |
| Canada | 1.5 | 1.9 | 1.8 | 2.1 | 11.9% |
| Saint Helena, Ascension and Tristan da Cunha | 1.5 | 1.7 | 1.7 | 1.9 | 8.2% |
| Czech Republic | 0.2 | 0.8 | 0.4 | 1.8 | 108.0% |
| India | 0.9 | 0.7 | 0.7 | 1.2 | 10.1% |
| Germany | 2.7 | 3.6 | 1.6 | 1.2 | -23.7% |
| Falkland Islands (Malvinas) | 0.6 | 0.8 | 0.8 | 0.9 | 14.5% |
| Netherlands | 7.2 | 6.5 | 0.5 | 0.7 | -54.0% |
| Australia | 0.5 | 1.3 | 0.4 | 0.6 | 6.3% |
| Norway | 0.2 | 1.4 | 1.6 | 0.6 | 44.2% |
| United Arab Emirates | 1.5 | 2.2 | 0.9 | 0.3 | -41.5% |
| Others | 13.6 | 8.2 | 7.6 | 8.3 | -15.2% |
| Total | 35.4 | 33.6 | 28.7 | 33.5 | -1.8% |
Top Export Markets for Welded and Cold-Formed Steel Sections from the UK in 2022:
- Ireland (1045.3 tons)
- France (346.1 tons)
- Czech Republic (272.6 tons)
- United Arab Emirates (251.9 tons)
- United States (208.3 tons)
- Saint Helena, Ascension and Tristan da Cunha (183.7 tons)
- Germany (162.6 tons)
- Netherlands (157.5 tons)
- Australia (145.8 tons)
- Falkland Islands (Malvinas) (138.5 tons)
- Canada (127.8 tons)
- India (109.2 tons)
- Norway (107.1 tons)
Imports of Welded and Cold-Formed Steel Sections in the UK
In 2022, imports of welded and cold-formed sections of steel into the UK skyrocketed to 13K tons, picking up by 55% against the year before. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, welded and cold-formed steel sections imports skyrocketed to $33M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Welded and Cold-Formed Steel Sections in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 4.5 | 2.7 | 8.1 | 11.1 | 35.1% |
| China | 5.4 | 3.9 | 3.0 | 5.0 | -2.5% |
| Switzerland | 1.2 | 1.2 | 1.9 | 4.5 | 55.4% |
| Germany | 1.7 | 1.2 | 2.4 | 2.9 | 19.5% |
| France | 0.7 | N/A | N/A | 2.8 | 58.7% |
| Poland | 1.3 | N/A | 0.1 | 0.2 | -46.4% |
| Greece | N/A | 3.0 | 1.6 | N/A | -46.7% |
| Others | 5.1 | 10.6 | 3.5 | 6.8 | 10.1% |
| Total | 20.0 | 22.5 | 20.5 | 33.1 | 18.3% |
Top Suppliers of Welded and Cold-Formed Steel Sections to the UK in 2022:
- Poland (undefinedK tons)
- Greece (undefinedK tons)
- Ireland (8.1K tons)
- China (1.6K tons)
- France (0.9K tons)
- Germany (0.6K tons)
- Switzerland (0.4K tons)
This report provides an in-depth analysis of the market for welded and cold-formed steel sections in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24107420 - Welded and cold-formed sections (of steel)
- Prodcom 2410T260 - Welded sections
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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