Netherlands - Hot-Rolled Bars In Bearing Steels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled Bearing Steel Bar in the Netherlands - 2023
Contents:
- Price for Hot-Rolled Bearing Steel Bar in the Netherlands (CIF) - 2023
- Price for Hot-Rolled Bearing Steel Bar in the Netherlands (FOB) - 2023
- Imports of Hot-Rolled Bearing Steel Bar in the Netherlands
- Exports of Hot-Rolled Bearing Steel Bar in the Netherlands
Price for Hot-Rolled Bearing Steel Bar in the Netherlands (CIF) - 2023
In July 2023, the average hot-rolled bearing steel bar import price amounted to $1,662 per ton, dropping by -16.5% against the previous month. Over the period under review, the import price showed a mild decline. The pace of growth was the most pronounced in February 2023 an increase of 103% m-o-m. The import price peaked at $2,049 per ton in September 2022; however, from October 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,433 per ton), while the price for China ($1,172 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hot-Rolled Bearing Steel Bar in the Netherlands (FOB) - 2023
The average hot-rolled bearing steel bar export price stood at $1,467 per ton in July 2023, waning by -20.9% against the previous month. Overall, the export price saw a slight shrinkage. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 41% month-to-month. The export price peaked at $2,384 per ton in October 2022; however, from November 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Belgium ($2,652 per ton), while the average price for exports to Germany ($1,202 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.7%), while the prices for the other major destinations experienced a decline.
Imports of Hot-Rolled Bearing Steel Bar in the Netherlands
In 2022, supplies from abroad of hot-rolled bars in bearing steels decreased by -13.3% to 96K tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.0% 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 decreased by -27.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 83% against the previous year. As a result, imports attained the peak of 133K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, hot-rolled bearing steel bar imports rose rapidly to $120M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Hot-Rolled Bearing Steel Bar in the Netherlands (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 19.4 | 35.2 | 25.4 | 42.8 | 30.2% |
Germany | 22.2 | 17.3 | 28.9 | 18.3 | -6.2% |
Spain | 6.8 | 4.7 | 6.8 | 16.3 | 33.8% |
Turkey | N/A | 16.0 | 18.3 | 8.7 | -26.3% |
Slovenia | 0.1 | N/A | N/A | 7.7 | 325.4% |
Belgium | 7.2 | 7.1 | 12.3 | 5.6 | -8.0% |
Italy | 1.5 | 0.8 | 1.8 | 3.4 | 31.4% |
Sweden | 2.4 | 3.1 | 2.8 | 3.3 | 11.2% |
France | 2.7 | 2.3 | 2.3 | 2.3 | -5.2% |
Others | 7.1 | 7.6 | 11.3 | 11.4 | 17.1% |
Total | 69.3 | 94.0 | 110 | 120 | 20.1% |
Top Suppliers of Hot-Rolled Bearing Steel Bar to the Netherlands in 2022:
- China (49.4K tons)
- Turkey (11.7K tons)
- Spain (8.7K tons)
- Germany (8.2K tons)
- Slovenia (4.3K tons)
- Belgium (3.0K tons)
- Italy (2.0K tons)
- Sweden (1.6K tons)
- France (1.3K tons)
Exports of Hot-Rolled Bearing Steel Bar in the Netherlands
In 2022, shipments abroad of hot-rolled bars in bearing steels decreased by -46.4% to 11K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 80% against the previous year. As a result, the exports reached the peak of 24K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, hot-rolled bearing steel bar exports fell remarkably to $23M in 2022. In general, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 45%.
Export of Hot-Rolled Bearing Steel Bar in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 4.4 | 7.7 | 8.5 | 6.8 | 15.6% |
Norway | 2.7 | 3.9 | 16.4 | 4.4 | 17.7% |
Germany | 2.2 | 5.8 | 3.7 | 3.2 | 13.3% |
Italy | 0.2 | 0.4 | 0.5 | 1.1 | 76.5% |
France | 0.1 | 0.2 | 0.2 | 1.1 | 122.4% |
Denmark | 0.8 | 1.5 | 1.1 | 1.0 | 7.7% |
Peru | 0.5 | 0.7 | 1.7 | 0.9 | 21.6% |
Ecuador | 0.7 | 0.6 | 0.9 | 0.8 | 4.6% |
Spain | 0.1 | 0.1 | N/A | 0.6 | 81.7% |
Czech Republic | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
Finland | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
Sweden | 0.2 | 0.6 | 0.5 | 0.3 | 14.5% |
United States | 3.2 | 1.7 | N/A | N/A | -46.9% |
Others | 3.7 | 4.2 | 4.4 | 2.3 | -14.7% |
Total | 19.1 | 27.7 | 38.4 | 23.4 | 7.0% |
Top Export Markets for Hot-Rolled Bearing Steel Bar from the Netherlands in 2022:
- Belgium (3066.7 tons)
- Germany (1752.4 tons)
- Norway (1284.3 tons)
- Italy (873.9 tons)
- France (717.9 tons)
- Denmark (559.6 tons)
- Spain (405.7 tons)
- Ecuador (361.4 tons)
- Peru (358.3 tons)
- Czech Republic (322.3 tons)
- Finland (187.1 tons)
- Sweden (177.8 tons)
- United States (14.2 tons)
This report provides an in-depth analysis of the market for hot-rolled bearing steel bar in the Netherlands. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106630 - Hot-rolled bars in bearing steels
Country coverage:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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