Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Serbia - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Serbia (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Serbia (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Serbia
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Serbia
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Serbia (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $7,662 per ton, which is down by -1.7% against the previous year. Overall, the import price showed a deep reduction. The pace of growth was the most pronounced in 2014 an increase of 29% against the previous year. Over the period under review, average import prices reached the maximum at $14,236 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Germany ($18,439 per ton), while the price for India ($1,831 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Serbia (FOB) - 2022
In 2022, the average export price for iron or steel; non-threaded cotters and cotter-pinses amounted to $13,859 per ton, growing by 30% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2017 an increase of 61%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($101,400 per ton), while the average price for exports to Poland ($2,694 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 Germany (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Serbia
For the fourth year in a row, Serbia recorded growth in overseas purchases of iron or steel; non-threaded cotters and cotter-pinses, which increased by 50% to 251 tons in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 59% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses surged to $1.9M in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 105 | 210 | 348 | 902 | 104.8% |
| Germany | 133 | 107 | 131 | 295 | 30.4% |
| Italy | 60.5 | 122 | 278 | 137 | 31.3% |
| Turkey | 50.5 | 66.7 | 93.9 | 101 | 26.0% |
| Spain | 2.2 | 4.8 | 48.7 | 88.1 | 242.1% |
| Slovenia | 62.2 | 63.8 | 71.6 | 59.0 | -1.7% |
| India | 11.0 | 14.7 | 18.3 | 33.1 | 44.4% |
| Others | 231 | 238 | 316 | 309 | 10.2% |
| Total | 655 | 828 | 1,306 | 1,926 | 43.3% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Serbia in 2022:
- China (157.3 tons)
- Turkey (27.5 tons)
- India (18.1 tons)
- Germany (16.0 tons)
- Italy (8.7 tons)
- Slovenia (5.3 tons)
- Spain (4.8 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Serbia
In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses exported from Serbia contracted markedly to 16 tons, with a decrease of -21.5% compared with the previous year's figure. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 15%.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses totaled $223K in 2022. Over the period under review, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 30%.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 64.3 | 26.6 | 54.5 | 96.4 | 14.5% |
| Netherlands | 42.8 | 41.3 | 74.5 | 69.2 | 17.4% |
| North Macedonia | 15.4 | 7.9 | 19.9 | 16.5 | 2.3% |
| Bosnia and Herzegovina | 13.5 | 11.1 | 19.9 | 15.9 | 5.6% |
| Croatia | 5.2 | 2.2 | 9.0 | 6.3 | 6.6% |
| Bulgaria | N/A | 0.6 | N/A | 4.0 | 158.2% |
| Montenegro | 1.4 | 3.7 | 2.7 | 3.9 | 40.7% |
| Poland | 14.7 | 5.1 | 6.8 | 3.1 | -40.5% |
| France | 53.6 | 11.4 | N/A | N/A | -78.7% |
| Greece | N/A | 3.0 | 1.3 | N/A | -56.7% |
| Others | 34.5 | 53.8 | 29.3 | 7.3 | -40.4% |
| Total | 245 | 167 | 218 | 223 | -3.1% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Serbia in 2022:
- North Macedonia (5.1 tons)
- Netherlands (3.2 tons)
- Bosnia and Herzegovina (1.9 tons)
- Bulgaria (1.3 tons)
- Poland (1.2 tons)
- Germany (1.0 tons)
- Croatia (0.8 tons)
- Montenegro (0.6 tons)
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