Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Greece - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Greece (CIF) - 2024
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Greece (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Greece
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Greece
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Greece (CIF) - 2024
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $4,044 per ton in March 2024, which is down by -24.8% against the previous month. In general, import price indicated a remarkable increase from March 2023 to March 2024: its price increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira decreased by -24.8% against February 2024 indices. The pace of growth was the most pronounced in April 2023 an increase of 114% month-to-month. Over the period under review, average import prices reached the maximum at $6,070 per ton in July 2023; however, from August 2023 to March 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was France ($25,520 per ton), while the price for China ($2,508 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Sweden (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Greece (FOB) - 2022
In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $9,493 per ton, with an increase of 45% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $10,215 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($17,845 per ton), while the average price for exports to Romania ($3,554 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 Nigeria (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Greece
Imports of iron or steel cast fittings, other than of non-malleable cast ira into Greece dropped dramatically to 1.9K tons in 2022, waning by -30.2% compared with 2021 figures. In general, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 9.8% against the previous year. As a result, imports attained the peak of 2.8K tons, and then declined sharply in the following year.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira reduced to $8.5M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports reached the peak of $9.4M, and then contracted in the following year.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 3,225 | 3,353 | 3,725 | 3,264 | 0.4% |
| Italy | 1,165 | 1,270 | 1,290 | 1,651 | 12.3% |
| China | 1,101 | 1,038 | 1,421 | 1,117 | 0.5% |
| Belgium | 458 | 514 | 894 | 661 | 13.0% |
| Austria | 360 | 406 | 427 | 476 | 9.8% |
| France | 123 | 28.0 | 541 | 181 | 13.7% |
| Turkey | 157 | 118 | 252 | 164 | 1.5% |
| Romania | 177 | 143 | 98.1 | 93.6 | -19.1% |
| Others | 870 | 1,092 | 784 | 861 | -0.3% |
| Total | 7,637 | 7,964 | 9,431 | 8,468 | 3.5% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Greece in 2022:
- Bulgaria (776.7 tons)
- China (420.1 tons)
- Italy (190.0 tons)
- Belgium (129.3 tons)
- Austria (123.0 tons)
- France (85.4 tons)
- Turkey (75.1 tons)
- Romania (33.1 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Greece
In 2022, after three years of growth, there was significant decline in overseas shipments of iron or steel cast fittings, other than of non-malleable cast ira, when their volume decreased by -47.7% to 199 tons. In general, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 23%.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira dropped markedly to $1.9M in 2022. Over the period under review, exports saw a pronounced decrease. The pace of growth was the most pronounced in 2020 when exports increased by 23% against the previous year. As a result, the exports attained the peak of $2.6M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 639 | 396 | 515 | 549 | -4.9% |
| Cyprus | 596 | 1,135 | 1,156 | 545 | -2.9% |
| Bulgaria | 491 | 452 | 459 | 295 | -15.6% |
| Albania | 94.5 | 119 | 230 | 200 | 28.4% |
| North Macedonia | 51.2 | 82.2 | 53.8 | 90.4 | 20.9% |
| Malta | 34.2 | 9.1 | 13.4 | 77.0 | 31.1% |
| Kosovo | N/A | 5.4 | N/A | 28.8 | 130.9% |
| Romania | 32.5 | 14.6 | 28.0 | 1.7 | -62.6% |
| Others | 213 | 428 | 40.8 | 98.6 | -22.6% |
| Total | 2,152 | 2,641 | 2,496 | 1,885 | -4.3% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Greece in 2022:
- Cyprus (72.4 tons)
- Albania (34.6 tons)
- Germany (30.8 tons)
- Bulgaria (27.2 tons)
- North Macedonia (12.9 tons)
- Malta (8.0 tons)
- Kosovo (3.9 tons)
- Romania (0.5 tons)
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