Price for Steel, Alloy; Semi-Finished Products in Luxembourg - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Luxembourg (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Luxembourg (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Luxembourg
- Exports of Steel, Alloy; Semi-Finished Products in Luxembourg
Price for Steel, Alloy; Semi-Finished Products in Luxembourg (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $4,453 per ton in 2022, jumping by 50% against the previous year. Over the period under review, the import price posted a pronounced expansion. The most prominent rate of growth was recorded in 2020 an increase of 136% against the previous year. The import price peaked at $7,012 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 Portugal ($12,650 per ton), while the price for Germany ($2,253 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+71.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Semi-Finished Products in Luxembourg (FOB) - 2022
The average steel, alloy; semi-finished products export price stood at $818 per ton in 2022, leveling off at the previous year. Overall, the export price recorded a noticeable increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 179%. Over the period under review, the average export prices hit record highs at $5,440 per ton in 2017; however, from 2018 to 2022, the 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 ($2,143 per ton), while the average price for exports to Germany amounted to $810 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+25.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Alloy; Semi-Finished Products in Luxembourg
Steel, alloy; semi-finished products imports into Luxembourg fell notably to 102 tons in 2022, which is down by -25.5% against 2021. Overall, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 632% against the previous year. As a result, imports reached the peak of 137 tons, and then fell remarkably in the following year.
In value terms, steel, alloy; semi-finished products imports rose significantly to $456K in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 279%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Steel, Alloy; Semi-Finished Products in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | N/A | 0.1 | 21.2 | 232 | 4716.6% |
| Germany | 136 | 52.6 | 221 | 175 | 8.8% |
| Austria | 6.4 | 2.6 | 12.9 | 24.4 | 56.2% |
| Belgium | 13.4 | 17.7 | 126 | 19.2 | 12.7% |
| Romania | 17.4 | 24.1 | N/A | N/A | 38.5% |
| Others | 7.3 | 10.6 | 26.3 | 4.8 | -13.0% |
| Total | 181 | 108 | 408 | 456 | 36.1% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Luxembourg in 2022:
- Germany (77.7 tons)
- Portugal (18.4 tons)
- Belgium (3.0 tons)
- Austria (2.5 tons)
Exports of Steel, Alloy; Semi-Finished Products in Luxembourg
For the third consecutive year, Luxembourg recorded decline in shipments abroad of steel, alloy; semi-finished productses, which decreased by 0% to 16 tons in 2022. In general, exports faced a dramatic shrinkage. The smallest decline of -36.7% was in 2020.
In value terms, steel, alloy; semi-finished products exports totaled $13K in 2022. Overall, exports faced a precipitous decrease. The smallest decline of -20.7% was in 2020.
| Export of Steel, Alloy; Semi-Finished Products in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 12.7 | 0% |
| Belgium | 3.2 | 5.0 | N/A | N/A | 56.3% |
| Denmark | 0.9 | 18.4 | N/A | N/A | 1944.4% |
| Romania | 24.9 | 0.1 | N/A | N/A | -99.6% |
| Others | 3.4 | 2.1 | N/A | 0.1 | -69.1% |
| Total | 32.4 | 25.7 | N/A | 12.8 | -26.6% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Luxembourg in 2022:
- Denmark (undefined tons)
- Germany (15.7 tons)
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