Price for Steel, Stainless; Angles, Shapes and Sections in Serbia - 2024
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Serbia (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Serbia (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Serbia
- Exports of Steel, Stainless; Angles, Shapes and Sections in Serbia
Price for Steel, Stainless; Angles, Shapes and Sections in Serbia (CIF) - 2022
In 2022, the average import price for steel, stainless amounted to $6,945 per ton, with an increase of 44% against the previous year. In general, the import price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 115%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 Greece ($13,846 per ton), while the price for Turkey ($2,345 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Angles, Shapes and Sections in Serbia (FOB) - 2022
The average export price for steel, stainless stood at $3,422 per ton in 2022, increasing by 14% against the previous year. In general, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2017 when the average export price increased by 169%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($12,201 per ton), while the average price for exports to Italy totaled $2,779 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.2%).
Imports of Steel, Stainless; Angles, Shapes and Sections in Serbia
In 2022, the amount of steel, stainless imported into Serbia dropped significantly to 166 tons, reducing by -47% against 2021 figures. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 108%. As a result, imports reached the peak of 314 tons, and then reduced rapidly in the following year.
In value terms, imports of steel, stainless reduced sharply to $1.2M in 2022. Over the period under review, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 159%. As a result, imports attained the peak of $1.5M, and then dropped notably in the following year.
Import of Steel, Stainless; Angles, Shapes and Sections in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 163 | 169 | 311 | 221 | 10.7% |
Switzerland | 31.4 | 21.8 | 58.4 | 176 | 77.6% |
Slovenia | 58.5 | 78.4 | 249 | 147 | 36.0% |
China | 11.6 | 61.4 | 364 | 98.6 | 104.1% |
Greece | 34.3 | 43.2 | 73.9 | 83.7 | 34.6% |
Turkey | 29.2 | 5.7 | 129 | 68.7 | 33.0% |
Italy | 91.2 | 38.7 | 60.4 | 48.0 | -19.3% |
Spain | 99.7 | 21.7 | 13.2 | 9.4 | -54.5% |
Others | 130 | 146 | 257 | 303 | 32.6% |
Total | 649 | 586 | 1,516 | 1,156 | 21.2% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Serbia in 2022:
- India (50.1 tons)
- Turkey (29.3 tons)
- Slovenia (24.7 tons)
- China (24.3 tons)
- Switzerland (18.1 tons)
- Greece (6.0 tons)
- Italy (5.0 tons)
- Spain (1.7 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Serbia
In 2022, the amount of steel, stainless exported from Serbia fell dramatically to 173 tons, with a decrease of -36.5% on the previous year. In general, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, the exports attained the peak of 273 tons, and then fell sharply in the following year.
In value terms, exports of steel, stainless shrank significantly to $593K in 2022. Overall, total exports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +18.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. As a result, the exports attained the peak of $817K, and then shrank dramatically in the following year.
Export of Steel, Stainless; Angles, Shapes and Sections in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 373 | 392 | 565 | 448 | 6.3% |
Germany | 99.4 | 0.1 | 0.2 | 65.2 | -13.1% |
Slovenia | 36.3 | 76.7 | 227 | N/A | 150.1% |
Others | 38.3 | 32.7 | 24.8 | 79.8 | 27.7% |
Total | 547 | 502 | 817 | 593 | 2.7% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Serbia in 2022:
- Italy (161.1 tons)
- Germany (5.3 tons)
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