Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Hungary - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Hungary (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Hungary (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Hungary
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Hungary
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Hungary (CIF) - 2022
The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $2,439 per ton in 2022, jumping by 15% against the previous year. In general, the import price, however, continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2015 when the average import price increased by 33%. The import price peaked at $4,378 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,649 per ton), while the price for Poland ($860 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Hungary (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $21,691 per ton in 2022, growing by 47% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $26,352 per ton in 2013; however, from 2014 to 2022, the 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 Switzerland ($51,857 per ton), while the average price for exports to Germany ($16,731 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 the United States (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Hungary
In 2022, purchases abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -12.2% to 2.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 284% against the previous year. As a result, imports reached the peak of 2.9K tons, and then reduced in the following year.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $6.1M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 119%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.5 | 2.2 | 2.9 | 3.2 | 28.7% |
| Austria | N/A | 0.1 | 2.7 | 2.7 | 419.6% |
| Others | 0.1 | 0.4 | 0.4 | 0.2 | 26.0% |
| Total | 1.7 | 2.8 | 6.1 | 6.1 | 53.1% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Hungary in 2022:
- Austria (2007.4 tons)
- Germany (485.8 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Hungary
Exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Hungary dropped remarkably to 15 tons in 2022, with a decrease of -35.4% against 2021. Over the period under review, exports saw a dramatic curtailment.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia fell to $326K in 2022. In general, exports showed a dramatic downturn.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 127 | 70.6 | 162 | 133 | 1.6% |
| Switzerland | 393 | 26.0 | 106 | 80.6 | -41.0% |
| Germany | 784 | 346 | 66.9 | 77.1 | -53.8% |
| United States | N/A | N/A | N/A | 28.4 | 0% |
| Czech Republic | 106 | 65.7 | N/A | N/A | -38.0% |
| Others | 21.8 | 8.2 | 9.1 | 7.3 | -30.6% |
| Total | 1,431 | 517 | 344 | 326 | -38.9% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Hungary in 2022:
- Austria (7.9 tons)
- Germany (4.6 tons)
- Switzerland (1.6 tons)
- United States (0.9 tons)
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