Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Hungary - 2024
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Hungary (CIF) - 2024
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Hungary (FOB) - 2022
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Hungary
- Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Hungary
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Hungary (CIF) - 2024
The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $7,134 per ton in April 2024, rising by 98% against the previous month. In general, the import price posted a strong increase. The growth pace was the most rapid in February 2024 when the average import price increased by 716% against the previous month. As a result, import price reached the peak level of $27,458 per ton. From March 2024 to April 2024, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From April 2023 to April 2024, the rate of growth in terms of prices for Austria amounted to +14.5% per month.
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Hungary (FOB) - 2022
The average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $2,909 per ton in 2022, increasing by 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 21% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($6,305 per ton), while the average price for exports to Bulgaria ($2,451 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 Serbia (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Hungary
In 2022, after three years of growth, there was significant decline in overseas purchases of stainless steel, flat-rolled, width less than 600mm, cold-rolleds, when their volume decreased by -5.9% to 13K tons. The total import volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 18%.
In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds skyrocketed to $44M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.3% 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 +61.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.1 | 11.9 | 12.7 | 15.6 | 1.1% |
| Romania | 3.9 | 5.5 | 8.1 | 11.7 | 44.2% |
| Poland | 4.5 | 8.1 | 8.8 | 6.9 | 15.3% |
| Slovakia | 1.1 | 1.2 | 2.5 | 4.6 | 61.1% |
| Italy | 0.6 | 0.9 | 1.8 | 1.9 | 46.8% |
| France | 1.1 | 1.4 | 1.4 | 0.6 | -18.3% |
| Others | 1.0 | 0.8 | 1.9 | 2.6 | 37.5% |
| Total | 27.2 | 29.7 | 37.2 | 43.9 | 17.3% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Hungary in 2022:
- Germany (5.1K tons)
- Romania (3.1K tons)
- Poland (2.3K tons)
- Slovakia (1.4K tons)
- Italy (0.6K tons)
- France (0.2K tons)
Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Hungary
In 2022, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds from Hungary shrank significantly to 2.1K tons, falling by -24.6% compared with 2021 figures. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 330% against the previous year. As a result, the exports reached the peak of 2.8K tons, and then declined dramatically in the following year.
In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds reduced to $6.2M in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 301%. As a result, the exports reached the peak of $7.2M, and then declined in the following year.
| Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 284 | 798 | 6,018 | 5,087 | 161.6% |
| Bulgaria | 0.6 | 25.4 | 337 | 673 | 939.0% |
| Serbia | 230 | 164 | 269 | 213 | -2.5% |
| Italy | N/A | N/A | N/A | 112 | 0% |
| Poland | 173 | N/A | N/A | 112 | -13.5% |
| Slovakia | 468 | 227 | N/A | N/A | -51.5% |
| Belgium | 116 | N/A | N/A | N/A | 0% |
| Austria | 261 | 442 | 368 | N/A | 18.7% |
| Others | 161 | 139 | 199 | 50.7 | -32.0% |
| Total | 1,693 | 1,796 | 7,192 | 6,249 | 54.5% |
Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Hungary in 2022:
- Germany (1737.9 tons)
- Bulgaria (274.6 tons)
- Poland (45.8 tons)
- Italy (44.2 tons)
- Serbia (33.8 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
