Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Romania - 2024

Contents:

  1. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Romania (FOB) - 2022
  2. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Romania (CIF) - 2024
  3. Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Romania
  4. Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Romania

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Romania (FOB) - 2022

In 2022, the average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $5,071 per ton, surging by 24% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 25%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6,458 per ton), while the average price for exports to the Netherlands ($3,462 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 Italy (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Romania (CIF) - 2024

The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $21,890 per ton in April 2024, picking up by 398% against the previous month. Overall, the import price saw resilient growth. 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 April 2024, the country with the highest price was the United States ($103K per ton), while the price for Taiwan (Chinese) ($2,189 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by India (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Romania

In 2022, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds from Romania dropped modestly to 76K tons, which is down by -3.4% against 2021. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 12%. As a result, the exports attained the peak of 78K tons, and then dropped in the following year.

In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds skyrocketed to $383M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany95.981.011814214.0%
Italy23.522.329.947.226.2%
Sweden28.732.034.745.216.3%
Slovakia9.813.920.424.235.2%
Denmark8.79.915.220.533.1%
Czech Republic6.66.811.713.627.3%
United States8.57.312.413.516.7%
Hungary4.15.68.811.741.8%
Poland9.29.613.310.95.8%
Spain7.25.65.65.5-8.6%
Turkey6.75.74.84.8-10.5%
Others29.929.643.944.013.7%
Total23922931938317.0%

Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Romania in 2022:

  1. Germany (32.4K tons)
  2. Sweden (8.1K tons)
  3. Italy (7.9K tons)
  4. Slovakia (4.3K tons)
  5. Denmark (3.3K tons)
  6. Hungary (3.1K tons)
  7. Czech Republic (2.5K tons)
  8. Poland (2.2K tons)
  9. United States (2.1K tons)
  10. Turkey (1.2K tons)
  11. Spain (1.0K tons)

Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Romania

In 2022, after three years of growth, there was decline in supplies from abroad of stainless steel, flat-rolled, width less than 600mm, cold-rolleds, when their volume decreased by -4.9% to 12K tons. The total import volume increased at an average annual rate of +9.7% over the period 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 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of 13K tons, and then reduced slightly in the following year.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds soared to $71M in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy12.815.321.126.627.6%
Japan3.43.83.916.870.3%
South Korea5.15.86.97.513.7%
Germany3.82.95.57.324.3%
Taiwan (Chinese)1.50.22.33.836.3%
France1.40.61.51.910.7%
Turkey0.20.82.41.8108.0%
United Kingdom0.70.31.51.116.3%
Poland0.30.30.30.732.6%
United States1.82.31.60.4-39.4%
Others1.51.72.73.431.4%
Total32.534.149.771.430.0%

Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Romania in 2022:

  1. Italy (5.6K tons)
  2. Germany (1.6K tons)
  3. Taiwan (Chinese) (1.4K tons)
  4. South Korea (1.1K tons)
  5. Japan (0.7K tons)
  6. Turkey (0.6K tons)
  7. Poland (0.3K tons)
  8. France (0.3K tons)
  9. United Kingdom (0.2K tons)
  10. United States (0.1K tons)

Source: IndexBox Market Intelligence Platform

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