Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Austria - 2023
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Austria (FOB) - 2023
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Austria (CIF) - 2023
- Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Austria
- Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Austria
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Austria (FOB) - 2023
The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,295 per ton in December 2023, reducing by -1.6% against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 4.3% m-o-m. The export price peaked at $1,387 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was the United States ($1,867 per ton), while the average price for exports to Slovakia ($1,183 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Austria (CIF) - 2023
In December 2023, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $2,955 per ton, with an increase of 22% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($4,144 per ton), while the price for Slovakia ($1,155 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Luxembourg (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Austria
In 2022, approx. 1.7M tons of alloy steel flat-rolled products, of a width 600mm or mores were exported from Austria; which is down by -2.9% on 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 1.8M tons, and then declined slightly in the following year.
In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores skyrocketed to $2.3B in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 524 | 438 | 585 | 677 | 8.9% |
| Italy | 140 | 117 | 222 | 276 | 25.4% |
| Czech Republic | 107 | 103 | 151 | 226 | 28.3% |
| United States | 123 | 89.9 | 148 | 152 | 7.3% |
| Poland | 107 | 84.0 | 115 | 148 | 11.4% |
| Turkey | 58.3 | 59.8 | 78.4 | 96.8 | 18.4% |
| Mexico | 63.1 | 53.2 | 84.9 | 86.0 | 10.9% |
| France | 61.8 | 43.9 | 60.8 | 85.5 | 11.4% |
| Slovakia | 49.0 | 46.5 | 56.0 | 81.2 | 18.3% |
| China | 61.2 | 44.8 | 86.6 | 54.1 | -4.0% |
| Hungary | 32.8 | 26.5 | 34.1 | 50.1 | 15.2% |
| Romania | 27.7 | 22.9 | 31.1 | 43.5 | 16.2% |
| United Kingdom | 27.5 | 21.0 | 33.4 | 36.1 | 9.5% |
| Others | 182 | 168 | 247 | 309 | 19.3% |
| Total | 1,564 | 1,317 | 1,935 | 2,320 | 14.0% |
Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Austria in 2022:
- Germany (538.2K tons)
- Italy (182.6K tons)
- Czech Republic (176.0K tons)
- Poland (132.4K tons)
- United States (84.3K tons)
- Slovakia (75.8K tons)
- France (74.0K tons)
- Turkey (68.5K tons)
- Mexico (51.1K tons)
- Hungary (42.5K tons)
- China (40.4K tons)
- Romania (39.6K tons)
- United Kingdom (33.0K tons)
Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Austria
In 2022, approx. 175K tons of alloy steel flat-rolled products, of a width 600mm or mores were imported into Austria; increasing by 14% on the previous year. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% 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 +71.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores surged to $334M in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 47.8 | 36.4 | 69.7 | 119 | 35.5% |
| Japan | 19.9 | 25.6 | 20.5 | 55.6 | 40.8% |
| Slovakia | 10.7 | 6.7 | 31.2 | 29.0 | 39.4% |
| Poland | 13.7 | 20.6 | 26.6 | 26.3 | 24.3% |
| Sweden | 12.6 | 9.1 | 19.3 | 22.3 | 21.0% |
| Slovenia | 2.3 | 3.1 | 6.7 | 16.4 | 92.5% |
| Belgium | 5.8 | 5.1 | 12.1 | 14.8 | 36.7% |
| Romania | N/A | 0.3 | 9.4 | 12.9 | 555.7% |
| France | 8.5 | 2.0 | 4.3 | 11.4 | 10.3% |
| Czech Republic | 10.2 | 2.9 | 9.3 | 9.7 | -1.7% |
| Netherlands | 3.7 | 5.3 | 7.1 | 7.0 | 23.7% |
| Italy | 1.9 | 1.9 | 4.5 | 5.7 | 44.2% |
| Hungary | 2.6 | 4.4 | 3.1 | 1.0 | -27.3% |
| Others | 4.7 | 6.9 | 7.7 | 2.8 | -15.9% |
| Total | 144 | 130 | 232 | 334 | 32.4% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Austria in 2022:
- Germany (60.4K tons)
- Slovakia (26.7K tons)
- Japan (15.9K tons)
- Sweden (13.1K tons)
- Poland (12.1K tons)
- Romania (10.0K tons)
- Belgium (9.8K tons)
- Slovenia (6.0K tons)
- Czech Republic (5.7K tons)
- France (5.7K tons)
- Italy (4.3K tons)
- Netherlands (2.8K tons)
- Hungary (0.7K tons)
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