Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ireland - 2023
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ireland (CIF) - 2023
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ireland (FOB) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ireland
- Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ireland
Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ireland (CIF) - 2023
The average import price for steel, alloy stood at $3,807 per ton in December 2023, reducing by -31.9% against the previous month. Overall, the import price showed a noticeable shrinkage. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 618% against the previous month. Over the period under review, average import prices hit record highs at $6,556 per ton in June 2023; however, from July 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($5,959 per ton), while the price for Poland amounted to $2,995 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ireland (FOB) - 2022
The average export price for steel, alloy stood at $3,949 per ton in 2022, flattening at the previous year. Overall, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 7.9%. As a result, the export price reached the peak level of $7,693 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Pakistan.
From 2015 to 2022, the rate of growth in terms of prices for the United States amounted to -11.4% per year.
Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ireland
For the fourth consecutive year, Ireland recorded growth in supplies from abroad of steel, alloy, which increased by 29% to 12K tons in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of steel, alloy soared to $31M in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.4 | 6.1 | 10.5 | 9.0 | 38.3% |
| Japan | 1.4 | 1.2 | 2.3 | 7.6 | 75.7% |
| China | N/A | 0.1 | 0.6 | 5.4 | 634.8% |
| Netherlands | 3.5 | 2.0 | 2.6 | 2.3 | -13.1% |
| Czech Republic | N/A | N/A | N/A | 2.1 | 0% |
| Poland | 2.3 | 2.8 | 2.8 | 2.1 | -3.0% |
| France | N/A | 0.9 | 1.1 | 2.0 | 49.1% |
| Italy | 0.5 | 1.5 | 1.3 | 0.7 | 11.9% |
| Others | 0.5 | 1.4 | 0.1 | 0.1 | -41.5% |
| Total | 11.5 | 15.9 | 21.3 | 31.2 | 39.5% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to Ireland in 2022:
- Germany (4.3K tons)
- Japan (2.9K tons)
- Netherlands (1.5K tons)
- China (1.1K tons)
- Poland (0.9K tons)
- Czech Republic (0.6K tons)
- Italy (0.4K tons)
- France (0.3K tons)
Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ireland
Exports of steel, alloy from Ireland amounted to 131 tons in 2022, standing approx. at 2021. In general, exports recorded a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of steel, alloy stood at $516K in 2022. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Pakistan | N/A | N/A | 516 | 0% | |
| Others | 1.4 | N/A | N/A | 0% | |
| Total | 1.4 | N/A | 516 | 1819.8% | |
Top Export Markets for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented from Ireland in 2022:
- Pakistan (130.7 tons)
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