Price for Steel, Stainless; Angles, Shapes and Sections in Romania - 2023
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Romania (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Romania (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Romania
- Exports of Steel, Stainless; Angles, Shapes and Sections in Romania
Price for Steel, Stainless; Angles, Shapes and Sections in Romania (CIF) - 2022
The average import price for steel, stainless stood at $4,983 per ton in 2022, with a decrease of -26.2% against the previous year. Over the period under review, the import price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 351% against the previous year. As a result, import price attained the peak level of $6,755 per ton, and then declined dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($17,224 per ton), while the price for Bulgaria ($1,857 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+240.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Angles, Shapes and Sections in Romania (FOB) - 2022
In 2022, the average export price for steel, stainless amounted to $4,132 per ton, declining by -83.6% against the previous year. In general, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 338% against the previous year. As a result, the export price reached the peak level of $25,719 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($34,658 per ton), while the average price for exports to Poland ($3,893 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 Spain (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Angles, Shapes and Sections in Romania
For the fourth year in a row, Romania recorded growth in supplies from abroad of steel, stainless, which increased by 16% to 877 tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.2% 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 +100.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 50% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of steel, stainless soared to $4.4M in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Steel, Stainless; Angles, Shapes and Sections in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 489 | 838 | 1,294 | 1,197 | 34.8% |
| Germany | 374 | 273 | 527 | 874 | 32.7% |
| Norway | N/A | N/A | N/A | 445 | 0% |
| Bulgaria | 39.3 | 33.0 | 226 | 432 | 122.3% |
| Belgium | 14.1 | 0.3 | 175 | 255 | 162.5% |
| Austria | 258 | 196 | 228 | 248 | -1.3% |
| Poland | 131 | 396 | 270 | 213 | 17.6% |
| India | 43.1 | 138 | 109 | 166 | 56.8% |
| Luxembourg | N/A | 42.4 | 38.4 | 0.7 | -87.2% |
| Others | 699 | 580 | 720 | 598 | -5.1% |
| Total | 2,049 | 2,497 | 3,587 | 4,429 | 29.3% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Romania in 2022:
- Bulgaria (232.7 tons)
- Italy (196.4 tons)
- Germany (189.2 tons)
- India (43.7 tons)
- Norway (39.6 tons)
- Belgium (37.8 tons)
- Austria (37.6 tons)
- Poland (26.2 tons)
- Luxembourg (0.2 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Romania
In 2022, exports of steel, stainless from Romania surged to 124 tons, with an increase of 86% against 2021 figures. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless surged to $1.4M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Steel, Stainless; Angles, Shapes and Sections in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 14.5 | 21.9 | 453 | 424 | 208.1% |
| Hungary | 34.3 | 27.6 | 33.6 | 330 | 112.7% |
| France | 574 | 401 | 312 | 264 | -22.8% |
| Germany | 2.8 | 37.6 | 34.0 | 147 | 274.4% |
| Moldova | 9.1 | 7.1 | 43.7 | 56.4 | 83.7% |
| Sweden | 63.6 | 188 | 204 | 40.4 | -14.0% |
| Poland | N/A | N/A | 2.1 | 17.0 | 709.5% |
| Austria | 37.9 | 0.7 | N/A | N/A | -98.2% |
| Others | 60.7 | 167 | 97.4 | 77.3 | 8.4% |
| Total | 797 | 851 | 1,180 | 1,357 | 19.4% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Romania in 2022:
- Hungary (60.3 tons)
- Belgium (20.5 tons)
- Germany (12.1 tons)
- Sweden (8.1 tons)
- France (7.6 tons)
- Moldova (6.2 tons)
- Poland (4.4 tons)
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