Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Serbia - 2024
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Serbia (CIF) - 2024
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Serbia (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Serbia
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Serbia
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Serbia (CIF) - 2024
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $7,594 per ton in August 2023, shrinking by -1.7% against the previous month. Overall, the import price, however, recorded a slight increase. The pace of growth was the most pronounced in April 2023 when the average import price increased by 84% month-to-month. As a result, import price attained the peak level of $11,592 per ton. From May 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($33,036 per ton), while the price for China ($6,363 per ton) was amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Serbia (FOB) - 2022
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $5,534 per ton in 2022, shrinking by -46.2% against the previous year. In general, the export price showed a abrupt slump. The growth pace was the most rapid in 2016 an increase of 55% against the previous year. As a result, the export price reached the peak level of $11,984 per ton. From 2017 to 2022, the average 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 India ($30,916 per ton), while the average price for exports to Greece ($2,138 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 Hungary (+54.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Serbia
Imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Serbia expanded markedly to 282 tons in 2022, increasing by 8.5% against 2021. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 12% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $2.7M in 2022. The total import value increased at an average annual rate of +14.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 19%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 844 | 1,029 | 729 | 1,242 | 13.7% |
| Austria | 11.5 | 32.5 | 542 | 441 | 237.2% |
| Slovenia | 234 | 171 | 316 | 375 | 17.0% |
| Hong Kong SAR | N/A | N/A | 221 | 167 | -24.4% |
| Turkey | 10.9 | 6.3 | 18.7 | 155 | 142.3% |
| India | 71.6 | 116 | 65.8 | 60.1 | -5.7% |
| Germany | 140 | 209 | 84.8 | 37.4 | -35.6% |
| Others | 467 | 553 | 317 | 189 | -26.0% |
| Total | 1,779 | 2,117 | 2,295 | 2,666 | 14.4% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Serbia in 2022:
- China (180.1 tons)
- Hong Kong SAR (24.2 tons)
- Turkey (22.7 tons)
- Slovenia (20.3 tons)
- Austria (19.9 tons)
- India (3.7 tons)
- Germany (1.3 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Serbia
For the fourth consecutive year, Serbia recorded growth in shipments abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia, which increased by 518% to 19 tons in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $106K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.4 | N/A | N/A | 35.3 | 345.2% |
| India | N/A | N/A | N/A | 33.4 | 0% |
| Netherlands | N/A | N/A | 0.4 | 21.9 | 5375.0% |
| North Macedonia | 0.3 | 6.4 | 23.7 | 7.2 | 188.4% |
| Greece | N/A | N/A | N/A | 4.2 | 0% |
| Bosnia and Herzegovina | 2.4 | 10.3 | 4.9 | 2.4 | 0.0% |
| Montenegro | 5.9 | 5.4 | 1.7 | 0.1 | -74.3% |
| Others | 1.3 | 8.6 | 1.1 | 1.2 | -2.6% |
| Total | 10.4 | 30.6 | 31.8 | 106 | 116.8% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Serbia in 2022:
- Netherlands (10.2 tons)
- Turkey (5.1 tons)
- Greece (2.0 tons)
- India (1.1 tons)
- North Macedonia (0.4 tons)
- Bosnia and Herzegovina (0.3 tons)
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