Price for Steel, Alloy; Angles, Shapes and Sections in Sweden - 2023

Contents:

  1. Price for Steel, Alloy; Angles, Shapes and Sections in Sweden (FOB) - 2022
  2. Price for Steel, Alloy; Angles, Shapes and Sections in Sweden (CIF) - 2022
  3. Exports of Steel, Alloy; Angles, Shapes and Sections in Sweden
  4. Imports of Steel, Alloy; Angles, Shapes and Sections in Sweden

Price for Steel, Alloy; Angles, Shapes and Sections in Sweden (FOB) - 2022

The average export price for steel, alloy; angles, shapes and sectionses stood at $1,345 per ton in 2022, increasing by 13% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 14% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,390 per ton in 2014; however, from 2015 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 ($2,787 per ton), while the average price for exports to Romania ($794 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 (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Steel, Alloy; Angles, Shapes and Sections in Sweden (CIF) - 2022

The average import price for steel, alloy; angles, shapes and sectionses stood at $2,303 per ton in 2022, increasing by 26% against the previous year. Overall, the import price, however, recorded a deep slump. Over the period under review, average import prices reached the maximum at $4,065 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($11,238 per ton), while the price for Italy ($1,331 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), while the prices for the other major suppliers experienced a decline.

Exports of Steel, Alloy; Angles, Shapes and Sections in Sweden

Exports of steel, alloy; angles, shapes and sectionses from Sweden dropped to 29K tons in 2022, with a decrease of -11.1% on the previous year. In general, exports continue to indicate a slight downturn. The pace of growth was the most pronounced in 2021 when exports increased by 58%. As a result, the exports reached the peak of 33K tons, and then contracted in the following year.

In value terms, exports of steel, alloy; angles, shapes and sectionses totaled $39M in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 48% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Steel, Alloy; Angles, Shapes and Sections in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.27.19.79.9-4.0%
United Kingdom3.82.55.04.45.0%
Netherlands5.43.35.53.9-10.3%
France1.00.72.03.450.4%
United States1.21.01.53.137.2%
South Africa1.41.11.32.114.5%
Poland2.11.92.41.6-8.7%
Norway1.11.31.51.48.4%
Romania2.51.41.41.3-19.6%
Hungary0.40.20.60.931.0%
Czech Republic1.51.21.30.8-18.9%
Estonia0.10.10.50.791.3%
Belgium1.10.70.60.7-14.0%
Others3.93.85.34.76.4%
Total36.726.138.738.92.0%

Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from Sweden in 2022:

  1. Germany (8.8K tons)
  2. Netherlands (4.3K tons)
  3. France (2.8K tons)
  4. United Kingdom (2.7K tons)
  5. Romania (1.6K tons)
  6. South Africa (1.2K tons)
  7. United States (1.1K tons)
  8. Poland (1.1K tons)
  9. Belgium (0.8K tons)
  10. Czech Republic (0.6K tons)
  11. Estonia (0.6K tons)
  12. Hungary (0.6K tons)
  13. Norway (0.6K tons)

Imports of Steel, Alloy; Angles, Shapes and Sections in Sweden

In 2022, approx. 6.4K tons of steel, alloy; angles, shapes and sectionses were imported into Sweden; falling by -11.1% on the previous year's figure. Overall, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.8% 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 +63.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 84%. As a result, imports attained the peak of 7.2K tons, and then shrank in the following year.

In value terms, imports of steel, alloy; angles, shapes and sectionses rose markedly to $15M in 2022. In general, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 84%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Steel, Alloy; Angles, Shapes and Sections in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria4.03.13.75.813.2%
ItalyN/A0.91.42.876.4%
Finland2.71.74.82.81.2%
United Kingdom1.60.53.12.312.9%
Denmark0.10.10.10.10.0%
Czech Republic0.80.2N/AN/A-75.0%
Others0.11.00.91.0115.4%
Total9.37.614.014.716.5%

Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to Sweden in 2022:

  1. Italy (2.1K tons)
  2. Finland (2.0K tons)
  3. United Kingdom (1.5K tons)
  4. Austria (0.5K tons)
  5. Denmark (0.1K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; angles, shapes and sections - Sweden