Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Greece - 2023

Contents:

  1. Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Greece (CIF) - 2022
  2. Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Greece (FOB) - 2022
  3. Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Greece
  4. Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Greece

Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Greece (CIF) - 2022

The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $4,617 per ton in 2022, surging by 17% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($11,924 per ton), while the price for Turkey ($2,313 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Greece (FOB) - 2022

In 2022, the average export price for stainless steel bars and rods, angles, shapes and sectionses amounted to $10,225 per ton, rising by 66% against the previous year. Over the period under review, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($20,574 per ton), while the average price for exports to Libya ($302 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 (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Greece

Imports of stainless steel bars and rods, angles, shapes and sectionses into Greece reduced to 1.9K tons in 2022, dropping by -8.6% against the year before. Over the period under review, imports showed a perceptible descent. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of 2.1K tons, and then dropped in the following year.

In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses expanded rapidly to $8.8M in 2022. Overall, total imports indicated a remarkable 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 +48.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2,2671,9382,8772,9749.5%
Italy2,0651,7041,7651,884-3.0%
Germany6629441,2211,33826.4%
Switzerland36132270084532.8%
China3192593463583.9%
Turkey79.23.942735264.4%
France75.111015219537.4%
Bulgaria91.613536.382.2-3.5%
Others41049868175722.7%
Total6,3315,9128,2068,78611.5%

Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Greece in 2022:

  1. India (811.4 tons)
  2. Italy (453.7 tons)
  3. Germany (188.8 tons)
  4. Turkey (152.1 tons)
  5. China (95.9 tons)
  6. Switzerland (70.9 tons)
  7. France (35.2 tons)
  8. Bulgaria (19.1 tons)

Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Greece

In 2022, exports of stainless steel bars and rods, angles, shapes and sectionses from Greece reduced rapidly to 73 tons, declining by -58.7% on 2021 figures. In general, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports attained the peak of 177 tons, and then declined dramatically in the following year.

In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses fell dramatically to $749K in 2022. Overall, exports saw a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of 46%. As a result, the exports reached the peak of $1.1M, and then fell notably in the following year.

Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus384300508277-10.3%
Germany17814524426313.9%
Bulgaria11075.378.086.8-7.6%
Spain14.746.8N/A17.86.6%
Romania20.823.97.214.4-11.5%
Albania32.239.620.08.2-36.6%
LibyaN/AN/AN/A1.00%
IsraelN/A58.9160N/A171.6%
Serbia24.85.0N/AN/A-79.8%
Italy75.510.9N/AN/A-85.6%
Others27.542.177.381.643.7%
Total8677481,095749-4.8%

Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Greece in 2022:

  1. Cyprus (25.6 tons)
  2. Bulgaria (18.7 tons)
  3. Germany (12.8 tons)
  4. Romania (4.1 tons)
  5. Libya (3.3 tons)
  6. Spain (3.2 tons)
  7. Albania (3.1 tons)

Source: IndexBox Market Intelligence Platform

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