Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Serbia - 2024

Contents:

1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Serbia (CIF) - 2022
2. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Serbia (FOB) - 2022
3. Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Serbia
4. Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Serbia

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Serbia (CIF) - 2022

The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $5,855 per ton in 2022, increasing by 2% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 95%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($16,870 per ton), while the price for Switzerland ($2,161 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Serbia (FOB) - 2022

The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $7,716 per ton in 2022, which is down by -30.7% against the previous year. Overall, the export price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 238%. Over the period under review, the average export prices attained the peak figure at $11,142 per ton in 2021, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($56,713 per ton), while the average price for exports to Bosnia and Herzegovina ($3,490 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 Russia (+53.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Serbia

In 2022, overseas purchases of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s were finally on the rise to reach 65 tons after two years of decline. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s skyrocketed to $382K in 2022. In general, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Serbia in 2022:

1. Italy (37.6 tons)
2. Switzerland (10.0 tons)
3. Turkey (6.2 tons)
4. Czech Republic (3.6 tons)
5. Germany (2.8 tons)
6. Indonesia (1.5 tons)
7. Slovenia (0.9 tons)

Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Serbia

After two years of decline, shipments abroad of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s increased by 412% to 22 tons in 2022. In general, exports continue to indicate 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; flat-rolled, width less than 600mm, nes in heading no 7220s soared to $167K in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Serbia in 2022:

1. Bosnia and Herzegovina (15.8 tons)
2. Montenegro (2.6 tons)
3. Hungary (1.8 tons)
4. Russia (0.7 tons)
5. Switzerland (0.4 tons)