Netherlands: Cold-Rolled Steel Products Market 2024

Cold-Rolled Steel Products Market Size in the Netherlands

The Dutch cold-rolled steel products market soared to $X in 2022, growing by 48% against the previous year. Overall, consumption continues to indicate a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cold-Rolled Steel Products Production in the Netherlands

In value terms, cold-rolled steel products production reduced to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the production volume increased by 26%. As a result, production attained the peak level of $X, and then dropped in the following year.

Cold-Rolled Steel Products Exports

Exports from the Netherlands

After two years of growth, shipments abroad of flat-rolled products of iron or steel (not further worked than cold-rolled) decreased by -16.4% to X tons in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. As a result, the exports attained the peak of X tons, and then dropped rapidly in the following year.

In value terms, cold-rolled steel products exports expanded rapidly to $X in 2022. Over the period under review, total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

Belgium (X tons), Germany (X tons) and France (X tons) were the main destinations of cold-rolled steel products exports from the Netherlands, together comprising 72% of total exports. The UK, the United States, Turkey, Italy and Spain lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +6.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the UK ($X) appeared to be the largest markets for cold-rolled steel products exported from the Netherlands worldwide, together comprising 72% of total exports. France, Turkey, Italy, the United States and Spain lagged somewhat behind, together accounting for a further 16%.

In terms of the main countries of destination, Turkey, with a CAGR of +13.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cold-rolled steel products export price amounted to $X per ton, surging by 34% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cold-rolled steel products export price increased by +79.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 34%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

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 the UK ($X per ton), while the average price for exports to Belgium ($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 Turkey (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cold-Rolled Steel Products Imports

Imports into the Netherlands

In 2022, overseas purchases of flat-rolled products of iron or steel (not further worked than cold-rolled) decreased by -8% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.0% against 2012 indices. The growth pace was the most rapid in 2014 when imports increased by 25%. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, cold-rolled steel products imports surged to $X in 2022. Overall, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Belgium (X tons), Germany (X tons) and Finland (X tons) were the main suppliers of cold-rolled steel products imports to the Netherlands, together accounting for 56% of total imports. Luxembourg, the UK, Italy, Taiwan (Chinese), France, South Korea, Thailand, South Africa and Austria lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +89.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of flat-rolled products of iron or steel (not further worked than cold-rolled) to the Netherlands, comprising 32% of total imports. The second position in the ranking was taken by Finland ($X), with a 13% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-9.7% per year) and Germany (+6.4% per year).

Import Prices by Country

In 2022, the average cold-rolled steel products import price amounted to $X per ton, jumping by 28% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 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 Thailand ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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