Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Hungary - 2024
Contents:
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Hungary (CIF) - 2024
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Hungary (FOB) - 2022
- Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Hungary
- Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Hungary
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Hungary (CIF) - 2024
The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $1,288 per ton in January 2024, dropping by -31.7% against the previous month. In general, the import price saw a abrupt curtailment. The growth pace was the most rapid in June 2023 an increase of 35% m-o-m. The import price peaked at $2,626 per ton in March 2023; however, from April 2023 to January 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($1,868 per ton), while the price for Austria ($1,051 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Austria (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Hungary (FOB) - 2022
The average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $1,832 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price saw a resilient expansion. The pace of growth was the most pronounced in 2014 an increase of 80% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($2,535 per ton), while the average price for exports to Germany ($888 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 Poland (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Hungary
In 2022, supplies from abroad of alloy steel, flat-rolled, width 600mm or more, cold-rolleds decreased by -8.8% to 3.7K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.1% 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 +56.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 37%. As a result, imports reached the peak of 4K tons, and then contracted in the following year.
In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds totaled $7.2M in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 275 | 938 | 2,000 | 3,623 | 136.2% |
Germany | 1,970 | 2,380 | 2,528 | 2,198 | 3.7% |
Austria | 612 | 435 | 362 | 550 | -3.5% |
Belgium | 179 | 253 | 266 | 342 | 24.1% |
Sweden | 19.4 | 28.1 | 258 | 187 | 112.8% |
Romania | N/A | N/A | 607 | 75.1 | -87.6% |
Slovakia | N/A | 189 | 435 | 37.6 | -55.4% |
Others | 298 | 264 | 266 | 161 | -18.6% |
Total | 3,353 | 4,487 | 6,723 | 7,174 | 28.9% |
Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to Hungary in 2022:
- Poland (1545.1 tons)
- Germany (941.6 tons)
- Austria (632.5 tons)
- Belgium (232.9 tons)
- Sweden (123.8 tons)
- Romania (70.2 tons)
- Slovakia (32.4 tons)
Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Hungary
In 2022, overseas shipments of alloy steel, flat-rolled, width 600mm or more, cold-rolleds decreased by -2% to 101 tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -35.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 87% against the previous year. As a result, the exports reached the peak of 157 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds reduced slightly to $185K in 2022. The total export value increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 39% against the previous year. As a result, the exports attained the peak of $187K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 57.0 | 39.1 | 20.2 | 64.1 | 4.0% |
Romania | 2.8 | 3.5 | 4.9 | 21.7 | 97.9% |
Germany | N/A | 19.2 | 8.0 | 19.8 | 1.6% |
Czech Republic | N/A | N/A | N/A | 19.7 | 0% |
Poland | N/A | 3.4 | 9.3 | 19.5 | 139.5% |
Slovakia | 16.6 | 65.2 | 60.3 | 19.4 | 5.3% |
Bulgaria | 0.1 | N/A | 6.7 | 13.8 | 416.8% |
Serbia | 0.6 | 7.3 | 17.4 | 4.0 | 88.2% |
Ukraine | 50.2 | 44.0 | 49.4 | N/A | -0.8% |
Others | 7.6 | 5.6 | 10.7 | 2.8 | -28.3% |
Total | 135 | 187 | 187 | 185 | 11.1% |
Top Export Markets for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled from Hungary in 2022:
- Austria (25.3 tons)
- Germany (22.3 tons)
- Romania (13.2 tons)
- Czech Republic (12.1 tons)
- Slovakia (9.5 tons)
- Poland (8.0 tons)
- Bulgaria (6.8 tons)
- Serbia (2.1 tons)
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