Netherlands: Market for Hot-Rolled Bars Of High Speed Steel 2025

Market Size for Hot-Rolled Bars Of High Speed Steel in the Netherlands

In 2022, the Dutch market for hot-rolled bars of high speed steel increased by 55% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. Hot-rolled high speed steel bar consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Hot-Rolled Bars Of High Speed Steel in the Netherlands

In value terms, hot-rolled high speed steel bar production stood at $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. Over the period under review, production attained the peak level in 2022 and is likely to see gradual growth in years to come.

Exports of Hot-Rolled Bars Of High Speed Steel

Exports from the Netherlands

In 2022, the amount of hot-rolled bars of high speed steel exported from the Netherlands skyrocketed to X tons, jumping by 1,527% compared with 2021. Overall, exports showed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hot-rolled high speed steel bar exports soared to $X in 2022. Over the period under review, exports, however, showed a perceptible decline. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for hot-rolled high speed steel bar exports from the Netherlands, with a 74% share of total exports. Moreover, hot-rolled high speed steel bar exports to Australia exceeded the volume sent to the second major destination, Italy (X tons), threefold. Germany (X tons) ranked third in terms of total exports with a 1.5% share.

From 2012 to 2022, the average annual growth rate of volume to Australia totaled +230.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+48.9% per year) and Germany (+13.0% per year).

In value terms, Italy ($X), Australia ($X) and Germany ($X) constituted the largest markets for hot-rolled high speed steel bar exported from the Netherlands worldwide, together comprising 96% of total exports.

In terms of the main countries of destination, Australia, with a CAGR of +125.5%, recorded the highest growth rate of 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 export price for hot-rolled bars of high speed steel amounted to $X per ton, reducing by -73.8% against the previous year. Overall, the export price showed a deep downturn. The growth pace was the most rapid in 2013 an increase of 70% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Australia ($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 China (+34.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Hot-Rolled Bars Of High Speed Steel

Imports into the Netherlands

In 2022, after two years of growth, there was significant decline in overseas purchases of hot-rolled bars of high speed steel, when their volume decreased by -87% to X tons. Overall, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2016 with an increase of 82% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, hot-rolled high speed steel bar imports declined dramatically to $X in 2022. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2016 when imports increased by 49% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of hot-rolled high speed steel bar imports to the Netherlands, with a combined 83% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +2.1%), while purchases for the other leaders experienced a decline.

In value terms, Sweden ($X), Austria ($X) and Germany ($X) were the largest hot-rolled high speed steel bar suppliers to the Netherlands, with a combined 91% share of total imports.

Among the main suppliers, Austria, with a CAGR of +2.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average import price for hot-rolled bars of high speed steel amounted to $X per ton, growing by 89% against the previous year. Overall, the import price saw a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Sweden ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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