Netherlands: Market for Welded And Cold-Formed Sections Of Steel 2024

Market Size for Welded And Cold-Formed Sections Of Steel in the Netherlands

The Dutch market for welded and cold-formed sections of steel declined rapidly to $X in 2022, shrinking by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Welded and cold-formed steel sections consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Welded And Cold-Formed Sections Of Steel in the Netherlands

In value terms, welded and cold-formed steel sections production dropped to $X in 2022 estimated in export price. Overall, the total production indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Welded and cold-formed steel sections production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Welded And Cold-Formed Sections Of Steel

Exports from the Netherlands

In 2022, welded and cold-formed steel sections exports from the Netherlands soared to X tons, increasing by X% on 2021 figures. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, welded and cold-formed steel sections exports surged to $X in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for welded and cold-formed steel sections exports from the Netherlands, accounting for a X% share of total exports. Moreover, welded and cold-formed steel sections exports to Germany exceeded the volume sent to the second major destination, Norway (X tons), tenfold. France (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and France (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for welded and cold-formed sections of steel exports from the Netherlands, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Belgium (X% per year).

Export Prices by Country

The average export price for welded and cold-formed sections of steel stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, showed a measured expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Norway ($X 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 Russia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Welded And Cold-Formed Sections Of Steel

Imports into the Netherlands

In 2022, imports of welded and cold-formed sections of steel into the Netherlands contracted dramatically to X tons, shrinking by X% on 2021 figures. In general, imports, however, saw a noticeable expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, welded and cold-formed steel sections imports reduced notably to $X in 2022. Overall, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest welded and cold-formed steel sections supplier to the Netherlands, with a X% share of total imports. Moreover, welded and cold-formed steel sections imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Germany (X% per year).

In value terms, the UK ($X), China ($X) and Ireland ($X) constituted the largest welded and cold-formed steel sections suppliers to the Netherlands, with a combined X% share of total imports. Germany, Belgium, Poland and Egypt lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Egypt, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for welded and cold-formed sections of steel stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price, however, posted a slight increase. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Ireland ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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