Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Lithuania - 2023
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Lithuania (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Lithuania (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Lithuania
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Lithuania
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Lithuania (CIF) - 2022
In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $4,252 per ton, rising by 40% against the previous year. Over the period under review, the import price, however, showed a deep reduction. The import price peaked at $8,680 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($17,424 per ton), while the price for the Czech Republic ($1,416 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Lithuania (FOB) - 2022
The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $9,840 per ton in 2022, growing by 38% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -7.7% against 2020 indices. The export price peaked at $10,664 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($16,792 per ton), while the average price for exports to Spain ($3,267 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 Norway (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Lithuania
In 2022, supplies from abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -24.3% to 275 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a deep setback. The growth pace was the most rapid in 2020 with an increase of 26%. As a result, imports reached the peak of 516 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $1.2M in 2022. Overall, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 49%. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 577 | 234 | 316 | 420 | -10.0% |
| Poland | 265 | 617 | 387 | 314 | 5.8% |
| Italy | 373 | 654 | 178 | 152 | -25.9% |
| Netherlands | 104 | 151 | 75.3 | 108 | 1.3% |
| Denmark | 61.4 | 65.7 | 67.4 | 74.1 | 6.5% |
| Czech Republic | N/A | 2.1 | N/A | 51.5 | 395.2% |
| Spain | N/A | 506 | N/A | N/A | 0% |
| Others | 153 | 58.2 | 78.0 | 49.4 | -31.4% |
| Total | 1,534 | 2,288 | 1,102 | 1,170 | -8.6% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Lithuania in 2022:
- Poland (113.0 tons)
- Germany (85.2 tons)
- Czech Republic (36.4 tons)
- Netherlands (18.3 tons)
- Italy (8.7 tons)
- Denmark (7.6 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Lithuania
In 2022, overseas shipments of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -70.6% to 29 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, the exports attained the peak of 166 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia contracted rapidly to $283K in 2022. Over the period under review, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 66% against the previous year. As a result, the exports reached the peak of $1.8M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 1.7 | 212 | 13.1 | 129 | 323.4% |
| United Kingdom | N/A | N/A | 87.9 | 69.0 | -21.5% |
| Uzbekistan | 34.9 | 12.5 | 3.9 | 24.4 | -11.2% |
| Spain | 57.7 | 7.8 | 7.3 | 18.0 | -32.2% |
| Netherlands | N/A | N/A | 8.2 | 10.0 | 22.0% |
| Russia | 848 | 1,475 | 455 | 7.1 | -79.7% |
| Germany | N/A | N/A | 2.4 | 5.3 | 120.8% |
| Belarus | 57.7 | 30.9 | 35.0 | 1.9 | -67.9% |
| Others | 64.4 | 31.6 | 84.6 | 18.6 | -33.9% |
| Total | 1,065 | 1,770 | 697 | 283 | -35.7% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Lithuania in 2022:
- Kazakhstan (8.0 tons)
- United Kingdom (6.5 tons)
- Spain (5.5 tons)
- Netherlands (2.4 tons)
- Uzbekistan (2.2 tons)
- Germany (1.4 tons)
- Russia (0.6 tons)
- Belarus (0.1 tons)
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