Greece - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Greece - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Iron Angle Price in Greece - 2023

Contents:

  1. Iron Angle Price in Greece (CIF) - 2023
  2. Iron Angle Price in Greece (FOB) - 2023
  3. Iron Angle Imports in Greece
  4. Iron Angle Exports in Greece

Iron Angle Price in Greece (CIF) - 2023

In June 2023, the average iron angle import price amounted to $965 per ton, surging by 1.8% against the previous month. Overall, the import price, however, recorded a pronounced decline. The pace of growth appeared the most rapid in November 2022 an increase of 15% m-o-m. The import price peaked at $1,271 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Luxembourg ($1,148 per ton) and Bahrain ($1,033 per ton), while the price for North Macedonia ($872 per ton) and Turkey ($879 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Bahrain (0.0%), while the prices for the other major suppliers experienced a decline.

Iron Angle Price in Greece (FOB) - 2023

In June 2023, the average iron angle export price amounted to $1,194 per ton, falling by -20.7% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 20% month-to-month. As a result, the export price attained the peak level of $1,506 per ton, and then declined markedly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was North Macedonia ($1,898 per ton), while the average price for exports to Romania ($920 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Iron Angle Imports in Greece

After three years of growth, purchases abroad of angles, shapes and sections (of iron or non-alloy steel) decreased by -12.5% to 110K tons in 2022. In general, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 1.7%.

In value terms, iron angle imports rose significantly to $118M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Iron Angle in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain28.418.238.651.321.8%
Turkey20.817.526.642.026.4%
Italy8.513.218.610.57.3%
North Macedonia4.44.37.16.010.9%
United Kingdom0.11.80.13.2217.5%
Luxembourg3.88.96.41.6-25.0%
Others6.56.58.23.7-17.1%
Total72.670.410611817.6%

Top Suppliers of Iron Angle to Greece in 2022:

  1. Spain (43.8K tons)
  2. Turkey (43.2K tons)
  3. Italy (9.3K tons)
  4. North Macedonia (6.2K tons)
  5. United Kingdom (3.2K tons)
  6. Luxembourg (1.3K tons)

Iron Angle Exports in Greece

After two years of decline, overseas shipments of angles, shapes and sections (of iron or non-alloy steel) increased by 11% to 13K tons in 2022. Over the period under review, exports, however, saw a abrupt contraction.

In value terms, iron angle exports skyrocketed to $18M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Iron Angle in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus7.05.96.48.35.8%
Albania3.33.24.23.62.9%
Bulgaria0.70.70.52.654.9%
FranceN/AN/AN/A0.80%
North Macedonia0.70.40.20.70.0%
Romania1.10.30.40.5-23.1%
KosovoN/A0.40.60.511.8%
Serbia1.0N/AN/AN/A0%
Others0.40.40.30.614.5%
Total14.011.312.517.67.9%

Top Export Markets for Iron Angle from Greece in 2022:

  1. Cyprus (6.2K tons)
  2. Albania (2.8K tons)
  3. Bulgaria (2.0K tons)
  4. North Macedonia (0.6K tons)
  5. Romania (0.4K tons)
  6. Kosovo (0.3K tons)
  7. France (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron angle market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel

Country coverage:

  • Greece

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Greece
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Greece