Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Serbia - 2024

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Serbia (CIF) - 2024
2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Serbia (FOB) - 2024
3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Serbia
4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Serbia

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Serbia (CIF) - 2024

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $1,931 per ton in September 2023, surging by 10% against the previous month. In general, the import price, however, showed a pronounced decline. Over the period under review, average import prices attained the peak figure at $2,310 per ton in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Bulgaria ($3,699 per ton), while the price for Germany ($1,478 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+25.4%), while the prices for the other major suppliers experienced a decline.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Serbia (FOB) - 2024

In September 2023, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $3,487 per ton, rising by 1.7% against the previous month. In general, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 4.3% month-to-month. The export price peaked at $8,684 per ton in February 2023; however, from March 2023 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($5,760 per ton), while the average price for exports to Italy ($1,089 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (-0.7%), while the prices for the other major destinations experienced a decline.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Serbia

After three years of growth, overseas purchases of alloy steel flat-rolled products, of a width of less than 600mms decreased by -10.2% to 4.6K tons in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.9% 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 +44.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms soared to $9.9M in 2022. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Serbia in 2022:

1. Austria (2665.8 tons)
2. Slovenia (630.1 tons)
3. Germany (366.8 tons)
4. Romania (323.3 tons)
5. China (196.3 tons)
6. Poland (173.3 tons)
7. Turkey (120.3 tons)
8. Italy (28.8 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Serbia

In 2022, overseas shipments of alloy steel flat-rolled products, of a width of less than 600mms increased by 395% to 473 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms surged to $1.4M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Serbia in 2022:

1. Bulgaria (283.7 tons)
2. Bosnia and Herzegovina (104.5 tons)
3. North Macedonia (44.3 tons)
4. Slovenia (12.3 tons)
5. Italy (9.4 tons)
6. Montenegro (7.9 tons)

Source: IndexBox Market Intelligence Platform