Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Latvia - 2024
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Latvia (CIF) - 2022
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Latvia (FOB) - 2022
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Latvia
- Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Latvia
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Latvia (CIF) - 2022
In 2022, the average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $7,274 per ton, falling by -12.4% against the previous year. Overall, the import price, however, posted strong growth. The most prominent rate of growth was recorded in 2014 an increase of 116% against the previous year. Over the period under review, average import prices reached the peak figure at $8,306 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,572 per ton), while the price for Poland ($4,195 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Latvia (FOB) - 2022
The average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $10,232 per ton in 2022, shrinking by -7% against the previous year. Over the period under review, the export price, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2013 an increase of 145%. The export price peaked at $15,531 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($10,939 per ton), while the average price for exports to Turkey ($6,099 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 Germany (+43.7%), 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 Latvia
For the fourth consecutive year, Latvia recorded growth in purchases abroad of stainless steel, flat-rolled, width less than 600mm, cold-rolleds, which increased by 15% to 819 tons in 2022. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 88%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds totaled $6M in 2022. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 265%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 207 | 75.8 | 2,013 | 2,058 | 115.0% |
Germany | 801 | 692 | 2,535 | 1,654 | 27.3% |
Italy | 96.1 | 224 | 518 | 736 | 97.1% |
Sweden | 85.4 | 21.2 | 531 | 480 | 77.8% |
Poland | 43.3 | 404 | 68.2 | 279 | 86.1% |
Turkey | N/A | N/A | N/A | 189 | 0% |
Lithuania | 25.1 | 27.5 | 30.8 | 174 | 90.7% |
Russia | 247 | 48.7 | 61.8 | 155 | -14.4% |
Others | 24.8 | 133 | 174 | 232 | 110.7% |
Total | 1,530 | 1,627 | 5,932 | 5,955 | 57.3% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Latvia in 2022:
- Denmark (274.2 tons)
- Germany (192.9 tons)
- Italy (126.8 tons)
- Poland (66.5 tons)
- Sweden (61.9 tons)
- Lithuania (32.2 tons)
- Turkey (23.0 tons)
- Russia (19.1 tons)
Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Latvia
Exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds from Latvia shrank significantly to 81 tons in 2022, falling by -23.2% against 2021 figures. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,727%. As a result, the exports reached the peak of 106 tons, and then reduced markedly in the following year.
In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds contracted remarkably to $832K in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 3,181% against the previous year. As a result, the exports reached the peak of $1.2M, and then reduced notably in the following year.
Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 20.8 | 1.8 | 854 | 726 | 226.8% |
Turkey | 25.8 | 24.1 | 18.3 | 42.1 | 17.7% |
Germany | N/A | N/A | N/A | 25.5 | 0% |
Denmark | N/A | N/A | 236 | 23.2 | -90.2% |
China | N/A | N/A | 38.0 | N/A | 0% |
Others | 25.7 | 9.6 | 18.8 | 15.4 | -15.7% |
Total | 72.3 | 35.5 | 1,165 | 832 | 125.8% |
Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Latvia in 2022:
- Russia (67.9 tons)
- Turkey (6.9 tons)
- Denmark (2.6 tons)
- Germany (2.3 tons)
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