Price for Steel, Stainless; Ingots and Other Primary Forms in Ireland - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Ireland (CIF) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Ireland (FOB) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Ireland
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Ireland
Price for Steel, Stainless; Ingots and Other Primary Forms in Ireland (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $37,215 per ton in 2022, falling by -21.2% against the previous year. Over the period under review, the import price, however, saw a significant expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 261%. Over the period under review, average import prices attained the maximum at $47,255 per ton in 2021, and then dropped sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($173,406 per ton), while the price for Austria ($1,897 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+38.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Ingots and Other Primary Forms in Ireland (FOB) - 2022
The average export price for steel, stainless; ingots and other primary formses stood at $12,248 per ton in 2022, jumping by 27% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 559% against the previous year. Over the period under review, the average export prices attained the peak figure at $189,288 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($29,380 per ton), while the average price for exports to the UK ($10,977 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 the UK (+16.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Ireland
In 2022, overseas purchases of steel, stainless; ingots and other primary formses were finally on the rise to reach 60 tons after two years of decline. Overall, imports, however, recorded a dramatic downturn.
In value terms, imports of steel, stainless; ingots and other primary formses soared to $2.2M in 2022. In general, imports, however, showed a precipitous shrinkage.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,107 | 991 | 1,113 | 1,901 | 19.8% |
| United Kingdom | 4,242 | 3,269 | 160 | 118 | -69.7% |
| Austria | N/A | N/A | 15.9 | 75.9 | 377.4% |
| Germany | 53.1 | 3.4 | 15.3 | 31.5 | -16.0% |
| Others | 51.5 | 39.7 | 171 | 88.4 | 19.7% |
| Total | 5,454 | 4,303 | 1,475 | 2,215 | -25.9% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Ireland in 2022:
- Austria (40.0 tons)
- France (11.0 tons)
- United Kingdom (3.5 tons)
- Germany (3.1 tons)
Exports of Steel, Stainless; Ingots and Other Primary Forms in Ireland
In 2022, approx. 12 tons of steel, stainless; ingots and other primary formses were exported from Ireland; dropping by -59.6% compared with the year before. Overall, exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 when exports increased by 326%. As a result, the exports reached the peak of 29 tons, and then fell remarkably in the following year.
In value terms, exports of steel, stainless; ingots and other primary formses shrank remarkably to $142K in 2022. In general, exports saw a dramatic curtailment.
| Export of Steel, Stainless; Ingots and Other Primary Forms in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,326 | 626 | 209 | 116 | -55.6% |
| United States | 12.5 | 8.5 | 7.3 | 19.1 | 15.2% |
| Singapore | 6.6 | 1.2 | N/A | 5.6 | -5.3% |
| Switzerland | 1.2 | N/A | 58.6 | N/A | 598.8% |
| Others | 49.4 | 20.4 | 2.6 | 0.7 | -75.8% |
| Total | 1,396 | 656 | 277 | 142 | -53.3% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Ireland in 2022:
- United Kingdom (10.6 tons)
- United States (0.8 tons)
- Singapore (0.2 tons)
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