Price for Steel, Stainless; Ingots and Other Primary Forms in Greece - 2023

Contents:

  1. Price for Steel, Stainless; Ingots and Other Primary Forms in Greece (CIF) - 2022
  2. Imports of Steel, Stainless; Ingots and Other Primary Forms in Greece

Price for Steel, Stainless; Ingots and Other Primary Forms in Greece (CIF) - 2022

The average import price for steel, stainless; ingots and other primary formses stood at $36,390 per ton in 2022, increasing by 73% against the previous year. In general, the import price, however, saw a deep reduction. The pace of growth was the most pronounced in 2021 an increase of 277%. Over the period under review, average import prices attained the peak figure at $86,308 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +237.4% per year.

Imports of Steel, Stainless; Ingots and Other Primary Forms in Greece

Imports of steel, stainless; ingots and other primary formses into Greece surged to 49 tons in 2022, growing by 23% against the year before. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 23,535% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of steel, stainless; ingots and other primary formses soared to $1.8M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 88,953% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Steel, Stainless; Ingots and Other Primary Forms in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.8N/A0.11,7651201.8%
Germany8.80.1N/AN/A-98.9%
United StatesN/A0.7826N/A117900.0%
Others2.00.21.71.1-18.1%
Total11.50.98281,766435.5%

Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Greece in 2022:

  1. Italy (48.5 tons)

Source: IndexBox Market Intelligence Platform

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