Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Netherlands - 2023

Contents:

  1. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Netherlands (FOB) - 2023
  2. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Netherlands (CIF) - 2022
  3. Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Netherlands
  4. Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Netherlands

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Netherlands (FOB) - 2023

The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $49,593 per ton in October 2023, surging by 788% against the previous month. Overall, the export price posted a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was the Philippines ($535K per ton), while the average price for exports to South Africa ($10,812 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Netherlands (CIF) - 2022

In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $7,609 per ton, growing by 2.5% against the previous year. In general, the import price, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by 13% against the previous year. Over the period under review, average import prices attained the peak figure at $10,657 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($53,307 per ton), while the price for Japan ($2,873 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Netherlands

Exports of iron or steel; non-threaded cotters and cotter-pinses from the Netherlands skyrocketed to 2.1K tons in 2022, jumping by 85% against 2021. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses skyrocketed to $20M in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6456921,7276,261113.3%
Germany1,7751,4632,2782,91718.0%
Belgium9908821,0551,1715.8%
France8277099871,0397.9%
Czech Republic37035556753713.2%
Italy468356421466-0.1%
United Kingdom665569365367-18.0%
Norway26419020036611.5%
Spain400276290339-5.4%
Poland315221261274-4.5%
Austria54.455.497.522660.8%
Portugal183170275157-5.0%
Others4,4404,2114,8925,5938.0%
Total11,39610,14913,41619,71320.0%

Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from the Netherlands in 2022:

  1. Germany (999.1 tons)
  2. United States (263.9 tons)
  3. Belgium (169.5 tons)
  4. Czech Republic (121.6 tons)
  5. France (78.7 tons)
  6. Italy (37.2 tons)
  7. Norway (36.4 tons)
  8. Poland (33.5 tons)
  9. Austria (32.0 tons)
  10. United Kingdom (30.7 tons)
  11. Spain (28.1 tons)
  12. Portugal (26.5 tons)

Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Netherlands

For the fourth year in a row, the Netherlands recorded growth in purchases abroad of iron or steel; non-threaded cotters and cotter-pinses, which increased by 5.9% to 2.5K tons in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.4% 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 +70.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses stood at $19M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 +43.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.32.33.33.818.2%
United States2.71.62.72.4-3.9%
China1.21.12.02.324.2%
Czech Republic2.11.62.11.8-5.0%
Japan0.21.61.91.8108.0%
India0.70.71.01.631.7%
France0.40.40.81.140.1%
Turkey0.30.30.60.838.7%
Italy0.60.60.60.75.3%
Sweden0.30.30.30.626.0%
Taiwan (Chinese)0.30.20.30.30.0%
United Kingdom1.01.10.30.3-33.1%
Others1.31.71.91.79.4%
Total13.413.517.819.312.9%

Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to the Netherlands in 2022:

  1. Japan (641.3 tons)
  2. Germany (438.9 tons)
  3. China (431.6 tons)
  4. India (388.2 tons)
  5. Sweden (81.1 tons)
  6. France (79.7 tons)
  7. Turkey (79.1 tons)
  8. Taiwan (Chinese) (60.1 tons)
  9. Italy (58.2 tons)
  10. Czech Republic (45.8 tons)
  11. United States (44.1 tons)
  12. United Kingdom (33.7 tons)

Source: IndexBox Market Intelligence Platform

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