Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Portugal - 2023
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Portugal (FOB) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Portugal (CIF) - 2022
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Portugal
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Portugal
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Portugal (FOB) - 2022
In 2022, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $10,876 per ton, increasing by 221% against the previous year. Overall, the export price recorded a strong 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($11,888 per ton), while the average price for exports to Angola ($4,601 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 Chile (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Portugal (CIF) - 2022
The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $8,628 per ton in 2022, picking up by 13% against the previous year. In general, the import price posted prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 31% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 France ($16,657 per ton), while the price for Italy ($7,720 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Portugal
In 2022, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia from Portugal skyrocketed to 343 tons, jumping by 407% on 2021 figures. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $3.7M in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 0.7 | 39.8 | 3,464 | 6934.6% |
| Angola | 217 | 240 | 79.5 | 207 | -1.6% |
| Spain | 3.8 | 97.9 | 7.3 | 58.7 | 149.0% |
| Switzerland | 5.9 | 1.6 | 76.3 | N/A | 259.6% |
| Cabo Verde | 107 | 6.2 | 10.4 | N/A | -68.8% |
| Turkey | 5.1 | 124 | N/A | N/A | 2331.4% |
| Others | 16.0 | 16.4 | 16.4 | 3.4 | -40.3% |
| Total | 355 | 487 | 230 | 3,733 | 119.1% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Portugal in 2022:
- Canada (291.4 tons)
- Angola (45.0 tons)
- Spain (6.6 tons)
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Portugal
In 2022, purchases abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -5.6% to 403 tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 2.4% against the previous year. As a result, imports attained the peak of 550 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia expanded significantly to $3.5M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports attained the peak of $4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,488 | 2,453 | 1,972 | 2,431 | 17.8% |
| Germany | 136 | 118 | 149 | 259 | 24.0% |
| Sweden | 175 | 403 | 298 | 215 | 7.1% |
| Netherlands | 93.7 | 81.4 | 131 | 140 | 14.3% |
| Italy | 806 | 485 | 462 | 139 | -44.3% |
| France | 211 | 337 | 151 | 126 | -15.8% |
| Japan | N/A | N/A | N/A | 99.4 | 0% |
| India | 178 | 78.8 | N/A | N/A | -55.7% |
| Others | 143 | 58.6 | 111 | 71.1 | -20.8% |
| Total | 3,230 | 4,014 | 3,274 | 3,481 | 2.5% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Portugal in 2022:
- Spain (311.2 tons)
- Germany (20.8 tons)
- Sweden (19.4 tons)
- Italy (18.0 tons)
- Netherlands (10.8 tons)
- Japan (10.6 tons)
- France (7.6 tons)
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