Price for Steel, Stainless; Angles, Shapes and Sections in Greece - 2023
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Greece (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Greece (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Greece
- Exports of Steel, Stainless; Angles, Shapes and Sections in Greece
Price for Steel, Stainless; Angles, Shapes and Sections in Greece (CIF) - 2022
The average import price for steel, stainless stood at $3,850 per ton in 2022, declining by -18.4% against the previous year. In general, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2015 an increase of 36% against the previous year. The import price peaked at $4,964 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Bulgaria ($9,076 per ton), while the price for Finland ($2,350 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+32.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Angles, Shapes and Sections in Greece (FOB) - 2022
In 2022, the average export price for steel, stainless amounted to $15,670 per ton, surging by 140% against the previous year. Overall, the export price saw a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($67,272 per ton), while the average price for exports to Libya ($269 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 Israel (+62.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Angles, Shapes and Sections in Greece
In 2022, approx. 499 tons of steel, stainless were imported into Greece; rising by 53% on 2021 figures. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.2% 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 +91.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless soared to $2.1M in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Angles, Shapes and Sections in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 149 | 409 | 315 | 707 | 68.0% |
| Germany | 206 | 349 | 329 | 440 | 28.8% |
| Italy | 418 | 258 | 395 | 314 | -9.1% |
| Turkey | 69.7 | 3.9 | 87.3 | 192 | 40.2% |
| Austria | 78.7 | 125 | 189 | 161 | 26.9% |
| China | 83.8 | 39.4 | 60.7 | 91.2 | 2.9% |
| Romania | N/A | 11.1 | 29.0 | 80.8 | 169.8% |
| Finland | N/A | N/A | 18.6 | 31.7 | 70.4% |
| Others | 36.7 | 131 | 97.9 | 66.4 | 21.9% |
| Total | 1,041 | 1,326 | 1,521 | 2,083 | 26.0% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Greece in 2022:
- India (186.6 tons)
- Italy (132.0 tons)
- Turkey (62.0 tons)
- Germany (48.9 tons)
- Romania (19.4 tons)
- China (18.6 tons)
- Finland (13.5 tons)
- Austria (9.6 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Greece
In 2022, overseas shipments of steel, stainless decreased by -75.5% to 32 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 78%.
In value terms, exports of steel, stainless declined dramatically to $509K in 2022. Overall, exports, however, showed a temperate increase. The pace of growth was the most pronounced in 2021 when exports increased by 64%. As a result, the exports reached the peak of $859K, and then dropped dramatically in the following year.
| Export of Steel, Stainless; Angles, Shapes and Sections in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 166 | 145 | 235 | 231 | 11.6% |
| Cyprus | 206 | 202 | 370 | 198 | -1.3% |
| Panama | N/A | N/A | N/A | 56.7 | 0% |
| Albania | 25.7 | 35.0 | 18.1 | 4.4 | -44.5% |
| Bulgaria | 7.1 | 0.9 | 9.9 | 2.9 | -25.8% |
| North Macedonia | 15.6 | 9.9 | 11.0 | 1.2 | -57.5% |
| Libya | N/A | N/A | N/A | 1.0 | 0% |
| Spain | 14.7 | 46.8 | N/A | N/A | 218.4% |
| Israel | N/A | 58.9 | 160 | N/A | 171.6% |
| Others | 10.9 | 26.1 | 54.3 | 13.6 | 7.7% |
| Total | 446 | 524 | 859 | 509 | 4.5% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Greece in 2022:
- Cyprus (14.5 tons)
- Germany (10.1 tons)
- Libya (3.7 tons)
- Albania (1.4 tons)
- Bulgaria (0.9 tons)
- Panama (0.8 tons)
- North Macedonia (0.3 tons)
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