Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sweden - 2023
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sweden (FOB) - 2023
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sweden (CIF) - 2023
- Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sweden
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sweden
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sweden (FOB) - 2023
In August 2023, the average export price for stainless steel; flat-rolled products of width less than 600mms amounted to $8,930 per ton, flattening at the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 6.7% against the previous month. As a result, the export price attained the peak level of $9,205 per ton. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Malaysia ($19,986 per ton), while the average price for exports to the UK ($5,524 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sweden (CIF) - 2023
The average import price for stainless steel; flat-rolled products of width less than 600mms stood at $5,168 per ton in August 2023, declining by -11% against the previous month. Over the last eight months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in January 2023 an increase of 14% against the previous month. Over the period under review, average import prices reached the maximum at $5,976 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($8,651 per ton), while the price for South Africa totaled $2,425 per ton.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Finland (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sweden
In 2022, exports of stainless steel; flat-rolled products of width less than 600mms from Sweden expanded markedly to 39K tons, growing by 12% compared with 2021. Overall, exports, however, showed a slight decrease.
In value terms, exports of stainless steel; flat-rolled products of width less than 600mms skyrocketed to $326M in 2022. The total export value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 53.3 | 32.5 | 36.1 | 47.7 | -3.6% |
| United States | 28.2 | 18.7 | 18.5 | 35.9 | 8.4% |
| Brazil | 7.7 | 8.5 | 16.5 | 31.1 | 59.3% |
| Denmark | 20.8 | 20.1 | 33.8 | 31.1 | 14.3% |
| China | 22.7 | 24.5 | 31.6 | 30.3 | 10.1% |
| United Kingdom | 6.8 | 7.8 | 15.1 | 22.5 | 49.0% |
| France | 21.3 | 31.5 | 26.7 | 18.2 | -5.1% |
| Netherlands | 8.5 | 8.5 | 11.1 | 9.8 | 4.9% |
| Italy | 10.8 | 4.2 | 6.2 | 9.5 | -4.2% |
| Poland | 3.7 | 5.6 | 5.8 | 7.1 | 24.3% |
| Malaysia | 1.7 | 0.6 | 0.8 | 6.5 | 56.4% |
| Slovakia | 3.0 | 2.3 | 4.2 | 6.4 | 28.7% |
| Finland | 8.8 | 4.3 | 5.2 | 6.2 | -11.0% |
| Others | 70.3 | 62.2 | 64.9 | 63.6 | -3.3% |
| Total | 267 | 231 | 277 | 326 | 6.9% |
Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Sweden in 2022:
- Denmark (6.2K tons)
- Germany (5.1K tons)
- Brazil (4.9K tons)
- United States (3.5K tons)
- United Kingdom (3.2K tons)
- France (2.4K tons)
- China (1.7K tons)
- Slovakia (1.2K tons)
- Poland (1.1K tons)
- Finland (1.1K tons)
- Malaysia (1.0K tons)
- Netherlands (0.9K tons)
- Italy (0.8K tons)
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sweden
Imports of stainless steel; flat-rolled products of width less than 600mms into Sweden soared to 45K tons in 2022, jumping by 30% on 2021. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms soared to $181M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.8 | 27.0 | 56.8 | 97.1 | 51.7% |
| Romania | 10.5 | 11.9 | 14.1 | 23.7 | 31.2% |
| Finland | 10.7 | 8.6 | 11.1 | 15.9 | 14.1% |
| Spain | 5.6 | 3.0 | 5.5 | 14.4 | 37.0% |
| France | 10.4 | 7.1 | 11.1 | 14.0 | 10.4% |
| United Kingdom | 0.2 | 0.7 | 4.2 | 5.7 | 205.5% |
| South Africa | 1.9 | 1.1 | 1.2 | 0.7 | -28.3% |
| Others | 5.6 | 6.5 | 7.0 | 9.2 | 18.0% |
| Total | 72.8 | 65.9 | 111 | 181 | 35.5% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Sweden in 2022:
- Germany (28.2K tons)
- Romania (4.2K tons)
- Finland (3.8K tons)
- Spain (3.4K tons)
- France (2.6K tons)
- United Kingdom (1.3K tons)
- South Africa (0.2K tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
