Price for Steel, Stainless; Ingots and Other Primary Forms in Romania - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Romania (CIF) - 2023
- Price for Steel, Stainless; Ingots and Other Primary Forms in Romania (FOB) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Romania
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Romania
Price for Steel, Stainless; Ingots and Other Primary Forms in Romania (CIF) - 2023
The average import price for steel, stainless; ingots and other primary formses stood at $2,014 per ton in September 2023, shrinking by -13.2% against the previous month. Overall, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 79% m-o-m. As a result, import price attained the peak level of $9,155 per ton. From January 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($6,810 per ton), while the price for the Czech Republic stood at $1,996 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Ingots and Other Primary Forms in Romania (FOB) - 2022
The average export price for steel, stainless; ingots and other primary formses stood at $4,382 per ton in 2022, waning by -76.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 181%. The export price peaked at $24,766 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,120 per ton), while the average price for exports to Denmark amounted to $3,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.5%), while the prices for the other major destinations experienced a decline.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Romania
For the third consecutive year, Romania recorded decline in overseas purchases of steel, stainless; ingots and other primary formses, which decreased by -27.9% to 161 tons in 2022. Over the period under review, imports faced a precipitous decline. The smallest decline of -16.7% was in 2020.
In value terms, imports of steel, stainless; ingots and other primary formses surged to $756K in 2022. Overall, imports showed a abrupt setback.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 253 | 357 | 196 | 385 | 15.0% |
| Czech Republic | 219 | 228 | 414 | 208 | -1.7% |
| Spain | N/A | N/A | N/A | 155 | 0% |
| Austria | 110 | 133 | 1.2 | 0.2 | -87.8% |
| United Kingdom | 306 | N/A | N/A | N/A | 0% |
| Others | 25.9 | 6.8 | 7.1 | 7.6 | -33.5% |
| Total | 914 | 725 | 619 | 756 | -6.1% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Romania in 2022:
- Italy (77.1 tons)
- Czech Republic (57.3 tons)
- Spain (25.9 tons)
- Austria (0.1 tons)
Exports of Steel, Stainless; Ingots and Other Primary Forms in Romania
In 2022, overseas shipments of steel, stainless; ingots and other primary formses decreased by -71.7% to 102 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 10%. As a result, the exports attained the peak of 7.1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of steel, stainless; ingots and other primary formses dropped significantly to $447 in 2022. In general, exports continue to indicate a sharp curtailment. The smallest decline of -59.4% was in 2020.
| Export of Steel, Stainless; Ingots and Other Primary Forms in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.7 | 20.2 | 0.2 | 0.4 | -62.7% |
| Austria | 69.8 | 0.1 | N/A | N/A | -99.9% |
| France | 13.9 | 4.6 | N/A | N/A | -66.9% |
| Denmark | 26.5 | 22.4 | 0.8 | N/A | -82.6% |
| Others | N/A | 0.5 | 5.8 | N/A | 1060.0% |
| Total | 118 | 47.9 | 6.8 | 0.4 | -85.0% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Romania in 2022:
- Germany (100.0 kg)
- Denmark (1.0 kg)
20
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Romania.
542
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Romania.
18
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
4758
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
20
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Romania.
18
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
298
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2416
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
800
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
1118
In value terms, ferro-cerium and other pyrophoric alloys exports totaled $X in 2016. In general, ferro-cerium and other pyrophoric alloys exports continue to indicate a relatively flat trend patter...
837
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
801
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
