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

Contents:

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

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

In April 2024, the average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $3,222 per ton, dropping by -6.7% against the previous month. Over the period under review, the import price showed a pronounced contraction. The growth pace was the most rapid in September 2023 when the average import price increased by 8.6% against the previous month. The import price peaked at $5,206 per ton in May 2023; however, from June 2023 to April 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Croatia ($6,329 per ton), while the price for Slovenia ($1,333 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 China (+0.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $3,654 per ton, growing by 6.4% against the previous year. Overall, the export price, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 45%. Over the period under review, the average export prices attained the maximum at $7,155 per ton in 2017; however, from 2018 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 Montenegro ($8,713 per ton), while the average price for exports to Slovenia ($1,375 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 Montenegro (+8.9%), 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 Serbia

After three years of growth, supplies from abroad of stainless steel, flat-rolled, width less than 600mm, cold-rolleds decreased by -15.8% to 2.2K tons in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 44% against the previous year.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds expanded notably to $11M in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania7061,1052,5012,66655.7%
Italy8111,6841,5761,44221.1%
Germany1,2271,5751,1431,3804.0%
Finland14742243388882.1%
Turkey821319542753-2.8%
South Korea23226044773646.9%
Belgium67.6268276714119.4%
China1036471,10269589.0%
Taiwan (Chinese)208N/A67150234.1%
Slovenia14233528638539.4%
France10511261636651.6%
Others795456552555-11.3%
Total5,3657,18210,14511,08227.4%

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

  1. Italy (338.8 tons)
  2. Romania (326.8 tons)
  3. Germany (257.1 tons)
  4. Turkey (183.2 tons)
  5. Belgium (181.3 tons)
  6. China (172.3 tons)
  7. Finland (153.2 tons)
  8. Slovenia (135.4 tons)
  9. Taiwan (Chinese) (123.3 tons)
  10. South Korea (116.4 tons)
  11. France (111.3 tons)

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

In 2022, the amount of stainless steel, flat-rolled, width less than 600mm, cold-rolleds exported from Serbia soared to 104 tons, picking up by 27% on the previous year. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 158% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds soared to $379K in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 136% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania22.739.243.0265126.9%
Slovenia0.118.021.033.4593.8%
Bosnia and Herzegovina3.17.528.925.3101.3%
Turkey1.33.95.923.4162.1%
Germany19.9N/AN/A16.4-6.2%
ItalyN/A4.928.914.873.8%
Montenegro14.337.10.80.4-69.6%
RussiaN/AN/A140N/A0%
Others6.87.912.41.0-47.2%
Total68.211928037977.1%

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

  1. Romania (62.4 tons)
  2. Slovenia (24.3 tons)
  3. Italy (6.3 tons)
  4. Germany (3.9 tons)
  5. Turkey (3.5 tons)
  6. Bosnia and Herzegovina (3.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, stainless; flat-rolled, width less than 600mm, cold-rolled - Serbia