Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Turkey - 2024
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Turkey (CIF) - 2024
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Turkey (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Turkey
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Turkey
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Turkey (CIF) - 2024
In July 2023, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $7,554 per ton, growing by 12% against the previous month. Over the last six-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in February 2023 an increase of 19% m-o-m. The import price peaked at $9,092 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($86,688 per ton), while the price for China ($4,804 per ton) was amongst the lowest.
From January 2023 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Turkey (FOB) - 2022
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $12,092 per ton in 2022, falling by -4.4% against the previous year. In general, the export price, however, saw a perceptible expansion. The pace of growth was the most pronounced in 2013 an increase of 137%. The export price peaked at $30,971 per ton in 2014; however, from 2015 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 Germany ($40,743 per ton), while the average price for exports to Mauritania ($1,237 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 Serbia (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Turkey
In 2022, the amount of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia imported into Turkey surged to 8.8K tons, increasing by 38% compared with the year before. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia surged to $62M in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.2 | 20.7 | 22.6 | 40.2 | 30.2% |
| Germany | 0.6 | 0.4 | 0.9 | 3.2 | 74.7% |
| Ukraine | 0.2 | 0.6 | 0.5 | 2.3 | 125.7% |
| Spain | 0.2 | 1.3 | 0.1 | 2.3 | 125.7% |
| India | 0.2 | 0.3 | 0.6 | 1.5 | 95.7% |
| Italy | 0.5 | 1.7 | 1.4 | 1.4 | 40.9% |
| Others | 5.7 | 3.7 | 5.5 | 11.6 | 26.7% |
| Total | 25.5 | 28.6 | 31.6 | 62.5 | 34.8% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Turkey in 2022:
- China (7.5K tons)
- Italy (0.2K tons)
- Germany (0.2K tons)
- Spain (0.2K tons)
- Ukraine (0.1K tons)
- India (0.1K tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Turkey
In 2022, approx. 726 tons of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia were exported from Turkey; rising by 66% compared with the year before. Over the period under review, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $8.8M in 2022. Overall, total exports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6,143 | 3,632 | 3,610 | 4,697 | -8.6% |
| Iraq | 913 | 464 | 603 | 1,025 | 3.9% |
| Serbia | 40.5 | 77.8 | 217 | 785 | 168.6% |
| Bulgaria | 1.5 | 3.0 | 23.1 | 357 | 519.7% |
| Kazakhstan | 0.6 | 0.8 | 47.6 | 198 | 591.0% |
| Iran | 136 | 13.9 | 51.5 | 130 | -1.5% |
| Georgia | 38.5 | 25.6 | 74.6 | 101 | 37.9% |
| Bosnia and Herzegovina | 16.3 | 13.7 | 10.1 | 96.7 | 81.0% |
| Pakistan | N/A | 26.6 | 4.1 | 91.9 | 85.9% |
| Azerbaijan | 39.0 | 78.4 | 29.7 | 86.9 | 30.6% |
| Russia | 3.3 | 89.7 | 3.4 | 81.4 | 191.1% |
| Cyprus | 7.6 | 7.6 | N/A | 54.3 | 92.6% |
| Mauritania | N/A | N/A | 8.3 | 19.7 | 137.3% |
| Others | 722 | 480 | 861 | 1,060 | 13.7% |
| Total | 8,062 | 4,913 | 5,544 | 8,784 | 2.9% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Turkey in 2022:
- Iraq (157.7 tons)
- Germany (115.3 tons)
- Serbia (109.8 tons)
- Bulgaria (48.8 tons)
- Kazakhstan (31.7 tons)
- Georgia (23.5 tons)
- Cyprus (17.8 tons)
- Azerbaijan (16.1 tons)
- Mauritania (15.9 tons)
- Iran (14.7 tons)
- Pakistan (11.9 tons)
- Bosnia and Herzegovina (11.8 tons)
- Russia (11.1 tons)
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