Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Greece - 2023

Contents:

1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Greece (CIF) - 2022
2. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Greece (FOB) - 2022
3. Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Greece
4. Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Greece

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Greece (CIF) - 2022

In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $9,191 per ton, increasing by 21% against the previous year. In general, the import price, however, saw a slight decline. The most prominent rate of growth was recorded in 2021 an increase of 50%. Over the period under review, average import prices reached the peak figure at $10,142 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($11,675 per ton), while the price for Italy ($7,392 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.2%), while the prices for the other major suppliers experienced a decline.

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Greece (FOB) - 2022

The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $4,906 per ton in 2022, reducing by -32.7% against the previous year. In general, the export price, however, showed resilient growth. The growth pace was the most rapid in 2020 when the average export price increased by 156%. Over the period under review, the average export prices reached the peak figure at $7,289 per ton in 2021, and then shrank sharply in the following year.

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 Spain ($10,863 per ton), while the average price for exports to Albania ($2,337 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 (+108.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Greece

In 2022, purchases abroad of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s was finally on the rise to reach 42 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded pronounced growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $388K in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Greece in 2022:

1. Belgium (28.0 tons)
2. Italy (11.2 tons)
3. Germany (2.3 tons)

Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Greece

In 2022, overseas shipments of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s decreased by -0.5% to 50 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 73%. As a result, the exports attained the peak of 351 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s contracted remarkably to $248K in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 343% against the previous year. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Greece in 2022:

1. Chile (30.7 tons)
2. Slovakia (13.6 tons)
3. Albania (2.5 tons)
4. Cyprus (2.4 tons)
5. Spain (0.9 tons)