Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Serbia - 2024

Contents:

  1. Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Serbia (CIF) - 2022
  2. Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Serbia (FOB) - 2022
  3. Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Serbia
  4. Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Serbia

Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Serbia (CIF) - 2022

The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $5,148 per ton in 2022, with a decrease of -12.6% against the previous year. In general, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when the average import price increased by 49% against the previous year. Over the period under review, average import prices hit record highs at $9,709 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($15,482 per ton), while the price for Hungary ($1,382 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Serbia (FOB) - 2022

The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $6,496 per ton in 2022, increasing by 131% against the previous year. Overall, the export price, however, saw a abrupt decrease. Over the period under review, the average export prices reached the peak figure at $17,946 per ton in 2012; however, from 2013 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 Russia ($10,667 per ton), while the average price for exports to North Macedonia ($2,657 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 France (+43.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Serbia

In 2022, approx. 908 tons of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia were imported into Serbia; jumping by 41% against the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia soared to $4.7M in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 69%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4483501,2872,97988.0%
Slovenia11289.025347361.6%
Hungary444259339360-6.8%
Austria32.741.913521386.8%
France89.217993.916021.5%
Turkey10770.557.21327.2%
Ukraine69.240584.276.43.4%
India10117146570.8-11.2%
Italy10.740423.328.037.8%
BulgariaN/AN/A677N/A0%
Others416284384184-23.8%
Total1,8302,2533,7994,67636.7%

Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Serbia in 2022:

  1. China (527.0 tons)
  2. Hungary (260.2 tons)
  3. Slovenia (36.0 tons)
  4. Turkey (17.8 tons)
  5. France (17.3 tons)
  6. Austria (17.3 tons)
  7. Ukraine (7.2 tons)
  8. India (7.1 tons)
  9. Italy (4.6 tons)

Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Serbia

Exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia from Serbia soared to 26 tons in 2022, picking up by 28% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a noticeable reduction.

In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $168K in 2022. In general, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A96.20%
Bosnia and Herzegovina9.83.17.555.478.1%
North Macedonia12.829.532.911.8-2.7%
FranceN/AN/AN/A2.10%
Switzerland0.8N/AN/A1.831.0%
Montenegro34.97.72.10.1-85.8%
Austria10.9N/AN/AN/A0%
Egypt33.0N/AN/AN/A0%
Others2.90.214.40.5-44.3%
Total10540.556.916817.0%

Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Serbia in 2022:

  1. Bosnia and Herzegovina (11.3 tons)
  2. Russia (9.0 tons)
  3. North Macedonia (4.4 tons)
  4. France (0.6 tons)
  5. Switzerland (0.4 tons)

Source: IndexBox Market Intelligence Platform

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