Price for Steel, Alloy; Angles, Shapes and Sections in Romania - 2023
Contents:
- Price for Steel, Alloy; Angles, Shapes and Sections in Romania (CIF) - 2022
- Price for Steel, Alloy; Angles, Shapes and Sections in Romania (FOB) - 2023
- Imports of Steel, Alloy; Angles, Shapes and Sections in Romania
- Exports of Steel, Alloy; Angles, Shapes and Sections in Romania
Price for Steel, Alloy; Angles, Shapes and Sections in Romania (CIF) - 2022
In 2022, the average import price for steel, alloy; angles, shapes and sectionses amounted to $1,250 per ton, picking up by 9.8% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 41% against the previous year. The import price peaked at $2,360 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Czech Republic ($1,790 per ton), while the price for Bulgaria ($835 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Angles, Shapes and Sections in Romania (FOB) - 2023
The average export price for steel, alloy; angles, shapes and sectionses stood at $2,577 per ton in November 2023, standing approximately at the previous month. Overall, export price indicated a slight increase from November 2022 to November 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for steel, alloy; angles, shapes and sectionses increased by +20.7% against September 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 82% against the previous month. As a result, the export price attained the peak level of $4,036 per ton. From January 2023 to November 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($19,585 per ton), while the average price for exports to Poland ($1,868 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Alloy; Angles, Shapes and Sections in Romania
In 2022, imports of steel, alloy; angles, shapes and sectionses into Romania shrank dramatically to 11K tons, waning by -59.5% compared with the previous year. Overall, imports recorded a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year.
In value terms, imports of steel, alloy; angles, shapes and sectionses fell rapidly to $13M in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. As a result, imports reached the peak of $30M, and then dropped dramatically in the following year.
| Import of Steel, Alloy; Angles, Shapes and Sections in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 9.7 | 7.9 | 9.0 | 3.8 | -26.8% |
| Germany | 4.1 | 2.1 | 6.1 | 3.7 | -3.4% |
| Poland | 0.5 | 0.5 | 4.2 | 1.2 | 33.9% |
| Sweden | 3.2 | 2.4 | 3.3 | 1.2 | -27.9% |
| Spain | 0.5 | 1.0 | 0.5 | 1.0 | 26.0% |
| Italy | 2.7 | 0.6 | 3.8 | 0.9 | -30.7% |
| Czech Republic | N/A | 0.4 | 0.3 | 0.6 | 22.5% |
| Turkey | 0.3 | 0.7 | 0.4 | N/A | 15.5% |
| Others | 0.4 | 1.0 | 2.2 | 0.8 | 26.0% |
| Total | 21.4 | 16.5 | 29.8 | 13.4 | -14.4% |
Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to Romania in 2022:
- Bulgaria (4.6K tons)
- Germany (2.6K tons)
- Sweden (0.9K tons)
- Poland (0.7K tons)
- Italy (0.6K tons)
- Spain (0.6K tons)
- Czech Republic (0.3K tons)
Exports of Steel, Alloy; Angles, Shapes and Sections in Romania
After three years of growth, shipments abroad of steel, alloy; angles, shapes and sectionses decreased by -72% to 1.1K tons in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,447%. As a result, the exports reached the peak of 4.1K tons, and then declined significantly in the following year.
In value terms, exports of steel, alloy; angles, shapes and sectionses fell rapidly to $2.3M in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 1,266%. As a result, the exports attained the peak of $7M, and then shrank markedly in the following year.
| Export of Steel, Alloy; Angles, Shapes and Sections in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.5 | 97.1 | 3,215 | 1,103 | 1201.8% |
| Hungary | 172 | 369 | 2,862 | 402 | 32.7% |
| Germany | N/A | 15.5 | 130 | 363 | 383.9% |
| Israel | N/A | N/A | 374 | 358 | -4.3% |
| Croatia | N/A | 5.0 | 185 | 2.0 | -36.8% |
| Others | 52.6 | 29.3 | 282 | 49.3 | -2.1% |
| Total | 225 | 516 | 7,048 | 2,277 | 116.3% |
Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from Romania in 2022:
- Poland (561.9 tons)
- Israel (342.9 tons)
- Hungary (188.8 tons)
- Germany (27.0 tons)
- Croatia (1.2 tons)
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