Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania (FOB) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania (CIF) - 2022
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $6,064 per ton in 2022, reducing by -52% against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 737%. The export price peaked at $19,699 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 Sweden ($64,451 per ton), while the average price for exports to Russia ($2,315 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 (+96.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $7,871 per ton, with an increase of 20% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. The growth pace was the most rapid in 2016 an increase of 231%. The import price peaked at $13,436 per ton in 2012; however, from 2013 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 Netherlands ($28,936 per ton), while the price for Poland ($2,146 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+76.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania
In 2022, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Lithuania soared to 40 tons, with an increase of 249% against the previous year's figure. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,333%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $243K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 831% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 1.5 | N/A | 47.5 | 75.0 | 268.4% |
United Arab Emirates | N/A | N/A | N/A | 62.1 | 0% |
Germany | 6.1 | 6.2 | 2.9 | 59.8 | 114.0% |
Russia | N/A | 0.4 | 5.4 | 22.2 | 645.0% |
Spain | 67.7 | N/A | N/A | N/A | 0% |
Austria | N/A | N/A | 40.9 | N/A | 0% |
Others | 9.6 | 9.0 | 48.5 | 23.8 | 35.3% |
Total | 84.9 | 15.6 | 145 | 243 | 42.0% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Lithuania in 2022:
- United Arab Emirates (26.0 tons)
- Russia (9.6 tons)
- Germany (2.7 tons)
- Sweden (1.2 tons)
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania
In 2022, approx. 15 tons of steel, stainless; semi-finished products, other than of rectangular cross-sectia were imported into Lithuania; remaining constant against the previous year's figure. In general, imports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 2.4% against the previous year.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $115K in 2022. Overall, imports saw a significant curtailment. The growth pace was the most rapid in 2021 when imports increased by 18%.
Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 0.3 | 3.6 | N/A | 67.8 | 509.1% |
United Kingdom | 12.0 | 48.9 | 38.7 | 21.0 | 20.5% |
Slovakia | N/A | N/A | 0.2 | 8.2 | 4000.0% |
Poland | 7.9 | 2.1 | N/A | 7.9 | 0.0% |
Netherlands | N/A | N/A | 2.8 | 7.3 | 160.7% |
Germany | 64.3 | 21.3 | 21.4 | 2.9 | -64.4% |
Spain | 97.3 | N/A | N/A | N/A | 0% |
Russia | 68.9 | N/A | N/A | N/A | 0% |
Belgium | 23.5 | N/A | N/A | N/A | 0% |
Denmark | N/A | N/A | 11.6 | N/A | 0% |
Others | 6.1 | 6.5 | 22.8 | 0.1 | -74.6% |
Total | 280 | 82.5 | 97.6 | 115 | -25.7% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Lithuania in 2022:
- United Kingdom (5.9 tons)
- Poland (3.7 tons)
- Italy (2.6 tons)
- Slovakia (1.9 tons)
- Netherlands (0.3 tons)
- Germany (0.2 tons)
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Lithuania.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
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