Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Serbia - 2024
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Serbia (CIF) - 2024
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Serbia (FOB) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Serbia
- Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Serbia
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Serbia (CIF) - 2024
In August 2023, the average import price for stainless steel; flat-rolled products of width less than 600mms amounted to $3,790 per ton, reducing by -13.4% against the previous month. Overall, the import price recorded a pronounced slump. The growth pace was the most rapid in March 2023 an increase of 5.7% month-to-month. The import price peaked at $5,230 per ton in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Croatia ($6,635 per ton), while the price for China ($2,804 per ton) was amongst the lowest.
From February 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Serbia (FOB) - 2022
In 2022, the average export price for stainless steel; flat-rolled products of width less than 600mms amounted to $3,992 per ton, surging by 9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 27%. The export price peaked at $4,889 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($8,646 per ton), while the average price for exports to Germany ($1,927 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 Romania (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Serbia
In 2022, overseas purchases of stainless steel; flat-rolled products of width less than 600mms decreased by -8.9% to 2.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 46% against the previous year.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms rose remarkably to $13M in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 706 | 1,105 | 2,502 | 2,666 | 55.7% |
| Italy | 1,006 | 1,781 | 1,774 | 1,762 | 20.5% |
| Germany | 1,284 | 1,640 | 1,199 | 1,405 | 3.0% |
| China | 132 | 664 | 1,109 | 1,336 | 116.3% |
| Finland | 147 | 422 | 434 | 925 | 84.6% |
| Turkey | 838 | 335 | 573 | 796 | -1.7% |
| Belgium | 113 | 377 | 436 | 794 | 91.5% |
| South Korea | 232 | 260 | 447 | 736 | 46.9% |
| Slovenia | 205 | 468 | 392 | 519 | 36.3% |
| Taiwan (Chinese) | 208 | N/A | 673 | 502 | 34.1% |
| France | 138 | 212 | 670 | 366 | 38.4% |
| Others | 970 | 533 | 815 | 843 | -4.6% |
| Total | 5,979 | 7,796 | 11,023 | 12,651 | 28.4% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Serbia in 2022:
- Italy (402.3 tons)
- China (350.6 tons)
- Romania (329.5 tons)
- Germany (262.3 tons)
- Belgium (195.6 tons)
- Turkey (195.4 tons)
- Finland (164.5 tons)
- Slovenia (145.7 tons)
- Taiwan (Chinese) (124.3 tons)
- South Korea (117.3 tons)
- France (112.2 tons)
Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Serbia
In 2022, exports of stainless steel; flat-rolled products of width less than 600mms from Serbia soared to 186 tons, rising by 62% against the previous year's figure. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 120%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of stainless steel; flat-rolled products of width less than 600mms surged to $744K in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 146% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 27.1 | 24.8 | 43.0 | 265 | 113.8% |
| Russia | N/A | N/A | 170 | 123 | -27.6% |
| Bosnia and Herzegovina | 8.4 | 19.8 | 52.0 | 85.9 | 117.1% |
| Montenegro | 65.4 | 39.4 | 17.3 | 56.1 | -5.0% |
| Slovenia | 0.1 | 11.7 | 22.2 | 38.6 | 628.1% |
| Croatia | 17.0 | 13.5 | 6.7 | 38.5 | 31.3% |
| North Macedonia | 53.5 | 9.7 | 24.4 | 31.7 | -16.0% |
| Germany | 34.7 | 4.8 | 7.0 | 28.3 | -6.6% |
| Italy | 13.6 | 12.0 | 41.2 | 14.8 | 2.9% |
| Others | 35.9 | 35.5 | 37.0 | 62.6 | 20.4% |
| Total | 256 | 171 | 421 | 744 | 42.7% |
Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Serbia in 2022:
- Romania (61.3 tons)
- Bosnia and Herzegovina (28.7 tons)
- Montenegro (25.6 tons)
- Russia (16.3 tons)
- Slovenia (16.0 tons)
- Germany (14.7 tons)
- North Macedonia (5.5 tons)
- Italy (4.8 tons)
- Croatia (4.5 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
