Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Belarus - 2022
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Belarus (CIF) - 2022
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Belarus (FOB) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Belarus
- Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Belarus
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Belarus (CIF) - 2022
The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $7,448 per ton in 2022, rising by 14% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s increased by +117.3% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 60% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($88,685 per ton), while the price for Ukraine ($496 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+33.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Belarus (FOB) - 2022
The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $2,369 per ton in 2022, increasing by 14% against the previous year. Overall, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 15% against the previous year. The export price peaked at $6,240 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Slovakia ($4,648 per ton), while the average price for exports to Russia amounted to $2,313 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+9.4%).
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Belarus
For the third consecutive year, Belarus recorded decline in supplies from abroad of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s, which decreased by -20.9% to 17 tons in 2022. Overall, imports showed a precipitous decline. The smallest decline of -12% was in 2020.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s contracted to $129K in 2022. Over the period under review, imports recorded a abrupt curtailment. The smallest decline of -8.8% was in 2021.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 56.0 | 46.1 | 50.0 | 42.5 | -8.8% |
| China | 5.2 | 3.8 | 22.8 | 34.5 | 87.9% |
| Russia | 41.6 | 30.0 | 20.3 | 17.3 | -25.4% |
| Lithuania | 22.8 | 34.2 | 19.5 | 12.9 | -17.3% |
| Taiwan (Chinese) | 9.5 | 7.2 | 7.3 | 5.7 | -15.7% |
| Germany | 26.4 | 20.0 | 3.8 | 3.9 | -47.1% |
| Italy | 4.3 | 2.8 | 2.3 | 1.5 | -29.6% |
| Ukraine | 0.9 | 0.5 | 0.4 | 0.3 | -30.7% |
| Others | 33.5 | 12.6 | 16.8 | 10.3 | -32.5% |
| Total | 200 | 157 | 143 | 129 | -13.6% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Belarus in 2022:
- China (5.4 tons)
- Russia (4.9 tons)
- Taiwan (Chinese) (2.4 tons)
- Lithuania (2.0 tons)
- Italy (0.6 tons)
- Ukraine (0.5 tons)
- Belgium (0.5 tons)
- Germany (0.2 tons)
Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Belarus
After two years of decline, shipments abroad of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s increased by 2.6% to 6.1 tons in 2022. Overall, exports, however, saw a abrupt downturn.
In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $14K in 2022. Over the period under review, exports, however, continue to indicate a mild downturn.
| Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 14.4 | 15.7 | 10.4 | 13.7 | -1.6% |
| Slovakia | 0.4 | 0.2 | 0.6 | 0.7 | 20.5% |
| Uzbekistan | N/A | N/A | 1.3 | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 14.8 | 16.0 | 12.3 | 14.4 | -0.9% |
Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Belarus in 2022:
- Russia (5.9 tons)
- Slovakia (0.1 tons)
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