Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Greece - 2023

Contents:

  1. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Greece (CIF) - 2022
  2. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Greece (FOB) - 2022
  3. Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Greece
  4. Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Greece

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Greece (CIF) - 2022

The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $925 per ton in 2022, with an increase of 22% against the previous year. In general, the import price, however, showed a slight slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 52%. Over the period under review, average import prices attained the peak figure at $1,023 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,272 per ton), while the price for Russia totaled $884 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+17.9%).

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Greece (FOB) - 2022

In 2022, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $238,333 per ton, approximately mirroring the previous year. Overall, the export price saw a significant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 16% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +16.9% per year.

Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Greece

In 2022, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses into Greece skyrocketed to 3.7K tons, rising by 53% on the year before. Over the period under review, imports showed a perceptible increase. The most prominent rate of growth was recorded in 2020 with an increase of 284%. As a result, imports attained the peak of 13K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses surged to $3.4M in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 235%. As a result, imports reached the peak of $6.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.82.01.02.953.6%
Italy1.04.30.70.5-20.6%
OthersN/AN/AN/AN/A0%
Total1.96.31.83.421.4%

Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Greece in 2022:

  1. Russia (3.3K tons)
  2. Italy (0.4K tons)

Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Greece

After two years of decline, shipments abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by 0% to 3 kg in 2022. Overall, exports recorded a sharp contraction. The smallest decline of 99.9% was in 2020.

In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses totaled $715 in 2022. In general, exports continue to indicate a dramatic descent. The smallest decline of 99.9% was in 2020.

Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A0.70%
North Macedonia134N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total134N/AN/A0.7-82.6%

Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Greece in 2022:

  1. Singapore (3.0 kg)

Source: IndexBox Market Intelligence Platform

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