Price for Steel, Alloy; Semi-Finished Products in Serbia - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Serbia (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Serbia (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Serbia
- Exports of Steel, Alloy; Semi-Finished Products in Serbia
Price for Steel, Alloy; Semi-Finished Products in Serbia (CIF) - 2022
In 2022, the average steel, alloy; semi-finished products import price amounted to $2,860 per ton, growing by 17% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, steel, alloy; semi-finished products import price increased by +26.6% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 62% against the previous year. As a result, import price attained the peak level of $3,685 per ton. From 2018 to 2022, the average 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 Austria ($12,511 per ton), while the price for Germany ($419 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Semi-Finished Products in Serbia (FOB) - 2022
In 2022, the average steel, alloy; semi-finished products export price amounted to $5,547 per ton, shrinking by -11.7% against the previous year. Overall, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 157% against the previous year. Over the period under review, the average export prices attained the maximum at $7,724 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
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 Germany ($10,597 per ton), while the average price for exports to Switzerland ($2,229 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 Italy (+68.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Alloy; Semi-Finished Products in Serbia
In 2022, the amount of steel, alloy; semi-finished productses imported into Serbia amounted to 1.1K tons, with an increase of 4.3% compared with 2021 figures. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +43.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, steel, alloy; semi-finished products imports skyrocketed to $3.1M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Steel, Alloy; Semi-Finished Products in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 318 | 366 | 506 | 551 | 20.1% |
| Slovenia | 412 | 472 | 632 | 544 | 9.7% |
| Austria | 1,012 | 286 | 356 | 367 | -28.7% |
| Slovakia | 403 | 287 | 330 | 340 | -5.5% |
| Bosnia and Herzegovina | N/A | N/A | 63.0 | 298 | 373.0% |
| Poland | 12.0 | 51.6 | 42.8 | 280 | 185.8% |
| Turkey | 4.5 | N/A | 107 | 118 | 197.1% |
| Germany | 78.0 | 140 | 137 | 118 | 14.8% |
| Czech Republic | N/A | 3.0 | 61.0 | 103 | 485.9% |
| Italy | 52.5 | 14.7 | 125 | 93.7 | 21.3% |
| Others | 159 | 82.8 | 170 | 277 | 20.3% |
| Total | 2,452 | 1,702 | 2,529 | 3,090 | 8.0% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Serbia in 2022:
- Germany (282.0 tons)
- Poland (169.8 tons)
- Slovenia (130.3 tons)
- Italy (89.0 tons)
- Turkey (86.4 tons)
- Czech Republic (80.1 tons)
- Spain (62.6 tons)
- Bosnia and Herzegovina (56.4 tons)
- Slovakia (51.8 tons)
- Austria (29.4 tons)
Exports of Steel, Alloy; Semi-Finished Products in Serbia
In 2022, steel, alloy; semi-finished products exports from Serbia surged to 12 tons, jumping by 21% on 2021 figures. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 159% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, steel, alloy; semi-finished products exports expanded significantly to $69K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 123% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Steel, Alloy; Semi-Finished Products in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | N/A | N/A | N/A | 52.0 | 0% |
| Slovenia | 3.3 | 29.2 | 60.6 | 5.5 | 18.6% |
| Switzerland | N/A | N/A | N/A | 5.3 | 0% |
| Germany | 8.2 | 5.1 | 2.3 | 4.2 | -20.0% |
| Austria | 3.5 | 1.1 | N/A | 1.9 | -18.4% |
| Slovakia | N/A | 3.9 | N/A | N/A | 0% |
| Others | 2.6 | N/A | 1.8 | N/A | -16.8% |
| Total | 17.6 | 39.3 | 64.7 | 68.9 | 57.6% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Serbia in 2022:
- Bosnia and Herzegovina (8.4 tons)
- Switzerland (2.4 tons)
- Slovenia (0.9 tons)
- Germany (0.4 tons)
- Austria (0.3 tons)
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