Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Serbia - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Serbia (FOB) - 2023
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Serbia (CIF) - 2022
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Serbia
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Serbia
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Serbia (FOB) - 2023
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $7,250 per ton in November 2023, approximately reflecting the previous month. Over the period under review, the export price enjoyed a remarkable increase. The growth pace was the most rapid in August 2023 an increase of 89% month-to-month. As a result, the export price reached the peak level of $8,927 per ton. From September 2023 to November 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.
From December 2022 to November 2023, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +5.3% per month.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Serbia (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $6,301 per ton, growing by 33% against the previous year. Overall, the import price, however, showed a mild decline. The most prominent rate of growth was recorded in 2014 an increase of 992%. As a result, import price reached the peak level of $31,095 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($5,849 per ton), while the price for Germany stood at $5,628 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+9.8%), while the prices for the other major suppliers experienced a decline.
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Serbia
In 2022, the amount of steel, stainless; semi-finished products, other than of rectangular cross-sectia exported from Serbia surged to 438 tons, increasing by 45% on the previous year. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 80%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia dropped slightly to $1.8M in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 146%. As a result, the exports reached the peak of $1.8M, and then dropped slightly in the following year.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 0.5 | 0.7 | 1.8 | 1.7 | 50.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 0.7 | 1.8 | 1.8 | 53.3% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Serbia in 2022:
- Bosnia and Herzegovina (431.9 tons)
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Serbia
Imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia into Serbia surged to 24 tons in 2022, growing by 23% on 2021 figures. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 218%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $151K in 2022. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 154% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | N/A | 8.2 | 64.3 | 136 | 307.3% |
| Germany | 5.8 | 16.6 | 10.7 | 4.2 | -10.2% |
| Austria | N/A | 7.3 | 10.5 | N/A | 43.8% |
| United Kingdom | 62.4 | 0.3 | N/A | N/A | -99.5% |
| Others | 4.5 | 4.1 | 7.1 | 11.6 | 37.1% |
| Total | 72.7 | 36.5 | 92.5 | 151 | 27.6% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Serbia in 2022:
- Slovenia (23.2 tons)
- Germany (0.7 tons)
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