Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Romania - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Romania (FOB) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Romania (CIF) - 2023
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Romania
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Romania
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Romania (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $148,111 per ton in 2022, rising by 12% against the previous year. In general, the export price showed resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 47% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 Slovakia ($457,695 per ton), while the average price for exports to Finland ($3,182 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 France (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Romania (CIF) - 2023
In October 2023, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $16,435 per ton, declining by -8.2% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 24% against the previous month. As a result, import price reached the peak level of $20,768 per ton. From July 2023 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($22,791 per ton), while the price for India ($2,358 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Romania
In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses exported from Romania shrank to 100 tons, waning by -8% on 2021. Overall, exports recorded a precipitous decrease.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses amounted to $15M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 7.9%.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 5.0 | 5.2 | 6.3 | 7.6 | 15.0% |
| Poland | 3.6 | 2.9 | 2.8 | 3.0 | -5.9% |
| Germany | 4.2 | 3.1 | 2.7 | 2.0 | -21.9% |
| France | 1.5 | 1.5 | 1.7 | 1.4 | -2.3% |
| Hungary | 0.1 | 0.3 | 0.3 | 0.5 | 71.0% |
| Bulgaria | N/A | N/A | N/A | N/A | 0% |
| Greece | N/A | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Total | 14.8 | 13.2 | 14.3 | 14.7 | -0.2% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Romania in 2022:
- Poland (37.4 tons)
- Germany (22.5 tons)
- Slovakia (16.7 tons)
- Hungary (8.3 tons)
- France (6.2 tons)
- Bulgaria (1.9 tons)
- Greece (1.7 tons)
- Netherlands (0.8 tons)
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Romania
For the third year in a row, Romania recorded decline in purchases abroad of iron or steel; non-threaded cotters and cotter-pinses, which decreased by -25.1% to 651 tons in 2022. Overall, imports continue to indicate a precipitous descent. The smallest decline of -15% was in 2021.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses shrank markedly to $8.1M in 2022. In general, imports showed a significant decline. The smallest decline of -19.2% was in 2021.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.0 | 3.3 | 3.1 | 2.6 | -24.3% |
| Italy | 2.4 | 1.9 | 1.8 | 1.4 | -16.4% |
| Germany | 5.7 | 5.1 | 2.3 | 1.0 | -44.0% |
| China | 0.5 | 0.7 | 1.4 | 0.9 | 21.6% |
| Turkey | 0.4 | 0.3 | 0.4 | 0.3 | -9.1% |
| United Kingdom | 0.7 | 0.7 | 0.3 | 0.3 | -24.6% |
| Switzerland | 0.3 | 0.4 | 0.4 | 0.3 | 0.0% |
| Slovakia | 0.3 | N/A | N/A | 0.2 | -12.6% |
| Czech Republic | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Hungary | 1.8 | 0.1 | 0.1 | 0.1 | -61.8% |
| Slovenia | 1.5 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.9 | 0.9 | 0.9 | -3.5% |
| Total | 21.0 | 13.4 | 10.8 | 8.1 | -27.2% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Romania in 2022:
- Germany (157.7 tons)
- France (154.4 tons)
- China (67.2 tons)
- Italy (61.4 tons)
- Turkey (54.9 tons)
- United Kingdom (29.4 tons)
- Switzerland (29.0 tons)
- Slovakia (12.5 tons)
- Czech Republic (11.9 tons)
- Hungary (7.9 tons)
- Slovenia (0.1 tons)
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