Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Greece - 2023

Contents:

  1. Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Greece (CIF) - 2022
  2. Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Greece (FOB) - 2022
  3. Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Greece
  4. Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Greece

Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Greece (CIF) - 2022

In 2022, the average import price for stainless steel; flat-rolled products of width less than 600mms amounted to $19,346 per ton, with an increase of 119% against the previous year. Overall, the import price enjoyed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($70,868 per ton), while the price for South Africa ($2,389 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Greece (FOB) - 2022

The average export price for stainless steel; flat-rolled products of width less than 600mms stood at $9,948 per ton in 2022, with an increase of 178% against the previous year. In general, the export price saw a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($160,642 per ton), while the average price for exports to Turkey ($2,369 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 Slovakia (+39.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Greece

In 2022, imports of stainless steel; flat-rolled products of width less than 600mms into Greece surged to 3K tons, with an increase of 86% compared with the previous year. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 87%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of stainless steel; flat-rolled products of width less than 600mms skyrocketed to $58M in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.70.36.629.6248.4%
United StatesN/AN/AN/A14.30%
Sweden3.11.33.13.10.0%
Japan2.50.72.83.17.4%
IndiaN/AN/A0.41.6300.0%
Germany0.10.10.31.1122.4%
Belgium0.30.30.40.518.6%
South AfricaN/AN/A0.20.20.0%
Turkey0.10.40.1N/A0.0%
Others0.60.50.44.798.6%
Total7.43.914.358.298.9%

Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Greece in 2022:

  1. Italy (1455.4 tons)
  2. Sweden (403.9 tons)
  3. India (248.6 tons)
  4. Japan (242.3 tons)
  5. United States (201.4 tons)
  6. Belgium (91.3 tons)
  7. Germany (86.1 tons)
  8. South Africa (73.3 tons)
  9. Turkey (4.7 tons)

Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Greece

In 2022, the amount of stainless steel; flat-rolled products of width less than 600mms exported from Greece shrank to 256 tons, with a decrease of -5.1% against the previous year. Over the period under review, exports showed a deep setback.

In value terms, exports of stainless steel; flat-rolled products of width less than 600mms soared to $2.5M in 2022. Overall, exports, however, posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A1,7470%
Turkey31.030.8438392133.0%
Slovakia32.031425911854.5%
ChileN/AN/A3.81022584.2%
Bulgaria44.532.369.989.926.4%
Cyprus20677414153.0-36.4%
Albania6.412.71.818.141.4%
Romania87611.19.911.6-76.3%
Others45.124.342.416.5-28.5%
Total1,2411,1999652,54827.1%

Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Greece in 2022:

  1. Turkey (165.4 tons)
  2. Chile (32.2 tons)
  3. Bulgaria (23.3 tons)
  4. Switzerland (10.9 tons)
  5. Cyprus (9.2 tons)
  6. Slovakia (6.3 tons)
  7. Albania (4.5 tons)
  8. Romania (2.0 tons)

Source: IndexBox Market Intelligence Platform

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