Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Serbia - 2024

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Serbia (CIF) - 2024
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Serbia (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Serbia
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Serbia

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Serbia (CIF) - 2024

In August 2023, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $2,132 per ton, jumping by 71% against the previous month. Over the period under review, import price indicated a strong expansion from February 2023 to August 2023: its price increased at an average monthly rate of +9.1% over the last six-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for granules and powders, of pig iron, spiegeleisen, iron or steels increased by +68.5% against May 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($3,563 per ton), while the price for Turkey ($1,177 per ton) was amongst the lowest.

From February 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Serbia (FOB) - 2022

In 2022, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,729 per ton, picking up by 33% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 35%. Over the period under review, the average export prices hit record highs at $1,871 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($2,100 per ton) and Turkey ($1,951 per ton), while the average price for exports to Bosnia and Herzegovina ($1,479 per ton) and North Macedonia ($1,503 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Serbia

In 2022, imports of granules and powders, of pig iron, spiegeleisen, iron or steels into Serbia was estimated at 1.7K tons, rising by 2.8% on 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels surged to $2.3M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Serbia in 2022:

1. Slovenia (629.0 tons)
2. Russia (446.9 tons)
3. Turkey (119.3 tons)
4. Germany (115.8 tons)
5. North Macedonia (95.1 tons)
6. Poland (77.4 tons)
7. Greece (44.2 tons)
8. Ukraine (29.9 tons)
9. Czech Republic (26.0 tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Serbia

In 2022, approx. 575 tons of granules and powders, of pig iron, spiegeleisen, iron or steels were exported from Serbia; falling by -15.7% on the previous year. In general, exports saw a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 40%. As a result, the exports attained the peak of 683 tons, and then declined rapidly in the following year.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels expanded significantly to $995K in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 74%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Serbia in 2022:

1. Turkey (178.7 tons)
2. Italy (156.0 tons)
3. Bosnia and Herzegovina (121.2 tons)
4. Romania (27.1 tons)
5. Montenegro (24.4 tons)
6. Germany (24.0 tons)
7. Hungary (24.0 tons)
8. Netherlands (15.0 tons)
9. North Macedonia (5.0 tons)