Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Latvia - 2023
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Latvia (CIF) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Latvia
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Latvia (CIF) - 2022
The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $4,143 per ton in 2022, growing by 380% against the previous year. In general, the import price, however, showed a sharp reduction. Over the period under review, average import prices attained the peak figure at $44,550 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($4,143 per ton), while the price for the Netherlands ($3,918 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+253.3%).
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Latvia
In 2022, purchases abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by 99.9% to 7 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 54,510% against the previous year. As a result, imports reached the peak of 22 tons, and then fell markedly in the following year.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses reduced dramatically to $29 in 2022. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 53,823%. As a result, imports reached the peak of $19K, and then dropped markedly in the following year.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Czech Republic | N/A | 18.9 | N/A | 0% | |
| Norway | N/A | N/A | N/A | 0% | |
| Netherlands | N/A | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | N/A | 18.9 | N/A | 0% | |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Latvia in 2022:
- Czech Republic (7.0 kg)
- Netherlands (1.0 kg)
- Norway (1.0 kg)
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