Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Romania - 2023

Contents:

  1. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Romania (CIF) - 2022
  2. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Romania (FOB) - 2022
  3. Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Romania
  4. Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Romania

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Romania (CIF) - 2022

The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $5,961 per ton in 2022, reducing by -9.2% against the previous year. Over the period under review, the import price recorded a slight curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by 33% against the previous year. Over the period under review, average import prices reached the peak figure at $7,128 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the Netherlands ($11,114 per ton), while the price for France ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+33.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Romania (FOB) - 2022

The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $16,894 per ton in 2022, increasing by 95% against the previous year. Overall, the export price continues to indicate strong growth. The export price peaked at $20,660 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($15,899 per ton), while the average price for exports to the Netherlands ($4,681 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 Germany (+10.7%), while the prices for the other major destinations experienced a decline.

Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Romania

After two years of decline, supplies from abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia increased by 46% to 496 tons in 2022. In general, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia soared to $3M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,1281,0711,3631,3837.0%
Italy58452050793717.1%
Spain46.01213.7368100.0%
Netherlands91.595.297.113513.8%
Others89.285.625213113.7%
Total1,9391,8932,2242,95515.1%

Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Romania in 2022:

  1. Germany (221.3 tons)
  2. Italy (195.2 tons)
  3. Spain (56.3 tons)
  4. Netherlands (12.1 tons)

Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Romania

Exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Romania skyrocketed to 28 tons in 2022, rising by 812% on the previous year. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $475K in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A6.417.0425714.9%
NetherlandsN/AN/A9.35.8-37.6%
Others5.90.10.444.095.4%
Total5.96.526.8475331.8%

Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Romania in 2022:

  1. Germany (26.7 tons)
  2. Netherlands (1.2 tons)

Source: IndexBox Market Intelligence Platform

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