Price for Steel, Alloy; Semi-Finished Products in Greece - 2023

Contents:

  1. Price for Steel, Alloy; Semi-Finished Products in Greece (CIF) - 2022
  2. Price for Steel, Alloy; Semi-Finished Products in Greece (FOB) - 2022
  3. Imports of Steel, Alloy; Semi-Finished Products in Greece
  4. Exports of Steel, Alloy; Semi-Finished Products in Greece

Price for Steel, Alloy; Semi-Finished Products in Greece (CIF) - 2022

The average steel, alloy; semi-finished products import price stood at $6,863 per ton in 2022, reducing by -38.5% against the previous year. In general, the import price, however, showed a significant increase. The growth pace was the most rapid in 2014 when the average import price increased by 157%. The import price peaked at $11,165 per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($12,537 per ton), while the price for Bulgaria ($3,045 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Alloy; Semi-Finished Products in Greece (FOB) - 2022

The average steel, alloy; semi-finished products export price stood at $6,169 per ton in 2022, with a decrease of -41.3% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 90% against the previous year. The export price peaked at $14,579 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +6.2% per year.

Imports of Steel, Alloy; Semi-Finished Products in Greece

In 2022, after two years of decline, there was significant growth in overseas purchases of steel, alloy; semi-finished productses, when their volume increased by 103% to 94 tons. Overall, imports, however, saw a slight slump.

In value terms, steel, alloy; semi-finished products imports soared to $645K in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn.

Import of Steel, Alloy; Semi-Finished Products in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria4211722705136.8%
China87.61771401128.5%
Bulgaria86.42.10.99.2-52.6%
NetherlandsN/A69.649.83.2-78.6%
Italy67.210640.90.5-80.5%
Spain1148.1N/AN/A-92.9%
Cyprus25.739.48.7N/A-41.8%
Others11.311.85.97.1-14.4%
Total813586517645-7.4%

Top Suppliers of Steel, Alloy; Semi-Finished Products to Greece in 2022:

  1. Italy (undefined tons)
  2. Austria (81.0 tons)
  3. China (8.9 tons)
  4. Bulgaria (3.0 tons)
  5. Netherlands (0.3 tons)

Exports of Steel, Alloy; Semi-Finished Products in Greece

Steel, alloy; semi-finished products exports from Greece soared to 53 tons in 2022, with an increase of 259% against 2021. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, steel, alloy; semi-finished products exports surged to $326K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 374%. As a result, the exports attained the peak of $734K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Steel, Alloy; Semi-Finished Products in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13355.676.132634.8%
Austria15.545.210.6N/A-17.3%
CyprusN/A63367.8N/A-89.3%
Others6.1N/AN/AN/A0%
Total15573415432628.1%

Top Export Markets for Steel, Alloy; Semi-Finished Products from Greece in 2022:

  1. Germany (52.8 tons)

Source: IndexBox Market Intelligence Platform

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