Serbia - U-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Alloy Steel U-Section Price in Serbia - 2023
Contents:
- Non-Alloy Steel U-Section Price in Serbia (CIF) - 2022
- Non-Alloy Steel U-Section Price in Serbia (FOB) - 2022
- Non-Alloy Steel U-Section Imports in Serbia
- Non-Alloy Steel U-Section Exports in Serbia
Non-Alloy Steel U-Section Price in Serbia (CIF) - 2022
In 2022, the average non-alloy steel u-section import price amounted to $1,065 per ton, picking up by 25% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel u-section import price increased by +80.7% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 45% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($1,406 per ton), while the price for Ukraine ($866 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Alloy Steel U-Section Price in Serbia (FOB) - 2022
The average non-alloy steel u-section export price stood at $1,106 per ton in 2022, surging by 17% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel u-section export price increased by +50.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 20%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($1,597 per ton), while the average price for exports to Slovenia ($1,004 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 Hungary (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Alloy Steel U-Section Imports in Serbia
In 2022, purchases abroad of u-sections of non-alloy steel decreased by -11.7% to 8.8K tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by 3.5%. As a result, imports reached the peak of 11K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, non-alloy steel u-section imports reached $9.3M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +44.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Non-Alloy Steel U-Section in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.4 | 1.3 | 2.7 | 5.3 | 136.6% |
| Poland | 0.8 | 0.6 | 0.7 | 1.5 | 23.3% |
| Italy | 1.6 | 1.9 | 1.8 | 1.0 | -14.5% |
| Romania | 1.0 | 1.1 | 0.8 | 0.7 | -11.2% |
| Spain | N/A | 0.1 | 0.2 | 0.5 | 123.6% |
| Ukraine | 2.4 | 0.9 | 1.8 | 0.1 | -65.3% |
| Czech Republic | 0.4 | 0.4 | 0.1 | N/A | -50.0% |
| Others | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Total | 6.7 | 6.5 | 8.4 | 9.3 | 11.5% |
Top Suppliers of Non-Alloy Steel U-Section to Serbia in 2022:
- Czech Republic (undefinedK tons)
- Turkey (5.4K tons)
- Poland (1.2K tons)
- Italy (0.8K tons)
- Romania (0.6K tons)
- Spain (0.4K tons)
- Ukraine (0.1K tons)
Non-Alloy Steel U-Section Exports in Serbia
Non-alloy steel u-section exports from Serbia surged to 1K tons in 2022, rising by 17% compared with 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 45%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, non-alloy steel u-section exports skyrocketed to $1.2M in 2022. Overall, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 74%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Non-Alloy Steel U-Section in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 113 | 125 | 560 | 638 | 78.1% |
| North Macedonia | 39.7 | 20.6 | N/A | 123 | 45.8% |
| Montenegro | 566 | 263 | 196 | 110 | -42.1% |
| Germany | 0.6 | 0.5 | 3.2 | 91.5 | 434.3% |
| Hungary | N/A | N/A | 7.0 | 66.7 | 852.9% |
| Greece | N/A | 0.2 | 20.4 | 56.4 | 1579.3% |
| Slovenia | N/A | N/A | N/A | 32.2 | 0% |
| Croatia | 31.1 | 41.3 | 16.7 | 30.2 | -1.0% |
| Others | 0.1 | 31.5 | 36.4 | 4.6 | 258.3% |
| Total | 751 | 482 | 840 | 1,152 | 15.3% |
Top Export Markets for Non-Alloy Steel U-Section from Serbia in 2022:
- Bosnia and Herzegovina (619.5 tons)
- North Macedonia (114.6 tons)
- Montenegro (83.5 tons)
- Germany (77.2 tons)
- Greece (50.0 tons)
- Hungary (41.8 tons)
- Slovenia (32.0 tons)
- Croatia (17.9 tons)
This report provides an in-depth analysis of the non-alloy steel u-section market in Serbia. 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)
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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