Netherlands: Steel Plaited Band Market 2024

Steel Plaited Band Market Size in the Netherlands

After two years of growth, the Dutch steel plaited band market decreased by -83.3% to $X in 2022. In general, consumption saw a sharp slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Steel Plaited Band Production in the Netherlands

In value terms, steel plaited band production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2016 when the production volume increased by 69% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Steel Plaited Band Exports

Exports from the Netherlands

In 2022, steel plaited band exports from the Netherlands shrank to X tons, reducing by -2.9% compared with 2021 figures. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 41%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, steel plaited band exports dropped remarkably to $X in 2022. Over the period under review, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2014 when exports increased by 25% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), Norway (X tons) and Spain (X tons) were the main destinations of steel plaited band exports from the Netherlands, together accounting for 19% of total exports. Malaysia, Turkey, Angola, Brazil, Sweden, China, Faroe Islands, Singapore, Guyana and Congo lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Faroe Islands (with a CAGR of +363.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for steel plaited band exported from the Netherlands were the UK ($X), Spain ($X) and Sweden ($X), with a combined 20% share of total exports. Norway, Singapore, Turkey, Angola, China, Brazil, Malaysia, Faroe Islands, Congo and Guyana lagged somewhat behind, together comprising a further 28%.

Among the main countries of destination, Faroe Islands, with a CAGR of +380.5%, saw 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 steel plaited band export price amounted to $X per ton, waning by -21.7% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 47%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Malaysia ($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 Sweden (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Steel Plaited Band Imports

Imports into the Netherlands

After two years of growth, overseas purchases of iron or steel plaited bands and slings decreased by -78.2% to X tons in 2022. Over the period under review, imports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 385% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, steel plaited band imports declined remarkably to $X in 2022. In general, imports faced a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 215% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Norway (X tons) and the UK (X tons) were the main suppliers of steel plaited band imports to the Netherlands, with a combined 61% share of total imports. Singapore, Germany, the United Arab Emirates, Romania and Lithuania lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +123.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of iron or steel plaited bands and slings to the Netherlands, comprising 34% of total imports. The second position in the ranking was taken by the UK ($X), with a 14% share of total imports. It was followed by Norway, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China stood at -13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+20.2% per year) and Norway (+30.6% per year).

Import Prices by Country

In 2022, the average steel plaited band import price amounted to $X per ton, picking up by 75% against the previous year. Over the period under review, the import price recorded a resilient increase. The growth pace was the most rapid in 2015 an increase of 118% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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