Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Lithuania - 2023
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Lithuania (CIF) - 2023
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Lithuania (FOB) - 2023
- Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Lithuania
- Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Lithuania
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Lithuania (CIF) - 2023
In December 2023, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,355 per ton, picking up by 66% against the previous month. Over the period under review, the import price, however, recorded a mild descent. The import price peaked at $1,713 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($2,040 per ton), while the price for Slovakia ($866 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Estonia (+4.5%), while the prices for the other major suppliers experienced a decline.
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Lithuania (FOB) - 2023
The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,705 per ton in December 2023, with a decrease of -6.5% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 26% against the previous month. The export price peaked at $1,976 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Belarus ($2,040 per ton), while the average price for exports to Germany ($1,116 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Lithuania
Imports of alloy steel flat-rolled products, of a width 600mm or mores into Lithuania skyrocketed to 21K tons in 2022, rising by 55% on 2021 figures. In general, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores skyrocketed to $28M in 2022. Over the period under review, imports posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 100%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 1.1 | 0.9 | 4.1 | 9.5 | 105.2% |
| Poland | 1.2 | 1.3 | 2.3 | 6.7 | 77.4% |
| Finland | 1.7 | 2.2 | 3.9 | 3.5 | 27.2% |
| Sweden | 4.5 | 1.5 | 2.7 | 3.5 | -8.0% |
| Latvia | 0.6 | N/A | 0.5 | 1.7 | 41.5% |
| Estonia | 0.4 | 0.5 | 0.8 | 1.4 | 51.8% |
| Germany | 0.4 | 0.2 | 0.5 | 0.9 | 31.0% |
| Belgium | 6.3 | 2.0 | 3.2 | 0.1 | -74.9% |
| Others | 1.3 | 0.7 | 0.7 | 0.8 | -14.9% |
| Total | 17.4 | 9.3 | 18.5 | 28.1 | 17.3% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Lithuania in 2022:
- Slovakia (8.3K tons)
- Poland (4.5K tons)
- Finland (3.6K tons)
- Sweden (1.9K tons)
- Latvia (1.3K tons)
- Estonia (0.7K tons)
- Germany (0.4K tons)
Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Lithuania
Exports of alloy steel flat-rolled products, of a width 600mm or mores from Lithuania skyrocketed to 4.2K tons in 2022, picking up by 31% compared with 2021 figures. In general, exports saw a mild expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 67% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores soared to $6.9M in 2022. Overall, exports, however, continue to indicate a slight descent. The pace of growth appeared the most rapid in 2021 with an increase of 95% against the previous year.
| Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 4,242 | 1,703 | 3,110 | 3,181 | -9.1% |
| Latvia | 237 | 271 | 719 | 1,248 | 74.0% |
| Slovakia | N/A | N/A | 81.7 | 719 | 780.0% |
| Russia | 83.7 | 116 | 147 | 554 | 87.8% |
| Estonia | 194 | 140 | 388 | 528 | 39.6% |
| Ukraine | 2,299 | 7.9 | N/A | 88.4 | -66.2% |
| Others | 109 | 137 | 186 | 629 | 79.4% |
| Total | 7,165 | 2,376 | 4,631 | 6,947 | -1.0% |
Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Lithuania in 2022:
- Belarus (2034.6 tons)
- Latvia (912.8 tons)
- Slovakia (472.7 tons)
- Estonia (354.6 tons)
- Russia (176.1 tons)
- Ukraine (36.1 tons)
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