Benelux: Stainless Steel Angle Market 2025

Stainless Steel Angle Market Size in Benelux

The Benelux stainless steel angle market soared to $X in 2021, with an increase of 36% against the previous year. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Stainless Steel Angle Production in Benelux

In value terms, stainless steel angle production surged to $X in 2021 estimated in export price. The total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -13.3% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 127% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Stainless Steel Angle Exports

Exports in Benelux

In 2021, overseas shipments of angles, shapes and sections of stainless steel or other alloy steel increased by 51% to X tons, rising for the second year in a row after two years of decline. In general, exports recorded a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of 109%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, stainless steel angle exports surged to $X in 2021. Over the period under review, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 72% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

Luxembourg was the largest exporting country with an export of around X tons, which accounted for 51% of total exports. Belgium (X tons) took a 28% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (21%).

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +15.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of exports in 2021.

The Netherlands, with a CAGR of +15.0%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, which is down by -9.5% against the previous year. Export price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, stainless steel angle export price decreased by -14.3% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 25% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (-0.3%), while the other leaders experienced a decline in the export price figures.

Stainless Steel Angle Imports

Imports in Benelux

In 2021, overseas purchases of angles, shapes and sections of stainless steel or other alloy steel increased by 66% to X tons, rising for the third consecutive year after two years of decline. Overall, imports, however, continue to indicate a slight shrinkage. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, stainless steel angle imports soared to $X in 2021. Total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +96.0% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) prevails in imports structure, together mixing up 97% of total imports. Luxembourg (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +10.6%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2021.

Belgium, with a CAGR of +7.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, picking up by 7.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2013 when the import price increased by 47%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+13.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform