Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Serbia - 2024

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Serbia (CIF) - 2024
2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Serbia (FOB) - 2024
3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Serbia
4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Serbia

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Serbia (CIF) - 2024

In January 2024, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $2,326 per ton, jumping by 23% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 25% against the previous month. As a result, import price reached the peak level of $2,479 per ton. From May 2023 to January 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Australia ($4,376 per ton), while the price for Slovakia ($981 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Australia (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Serbia (FOB) - 2024

In January 2024, the average export price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $2,849 per ton, dropping by -17.5% against the previous month. Overall, the export price saw a slight downturn. The most prominent rate of growth was recorded in September 2023 an increase of 262% m-o-m. As a result, the export price reached the peak level of $4,935 per ton. From October 2023 to January 2024, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In January 2024, the highest price was recorded for prices to South Korea ($3,301 per ton) and Bulgaria ($3,088 per ton), while the average price for exports to Bosnia and Herzegovina ($2,271 per ton) and Slovenia ($2,326 per ton) were amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Serbia

Imports of alloy steel flat-rolled products, of a width 600mm or mores into Serbia was estimated at 9.1K tons in 2022, surging by 2.2% on 2021. Overall, imports, however, showed a slight decline. The pace of growth was the most pronounced in 2021 with an increase of 4.1%.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores rose to $18M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.3% 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 +47.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Serbia in 2022:

1. Sweden (2171.7 tons)
2. Austria (1120.5 tons)
3. China (1055.2 tons)
4. Italy (792.6 tons)
5. Slovenia (771.8 tons)
6. Finland (751.3 tons)
7. Germany (672.6 tons)
8. Romania (427.1 tons)
9. Czech Republic (314.2 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Serbia

In 2022, shipments abroad of alloy steel flat-rolled products, of a width 600mm or mores decreased by -39.4% to 508 tons, falling for the second year in a row after two years of growth. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores fell significantly to $1.2M in 2022. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 75%. As a result, the exports reached the peak of $3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Serbia in 2022:

1. Montenegro (156.9 tons)
2. Bosnia and Herzegovina (81.1 tons)
3. North Macedonia (79.9 tons)
4. Bulgaria (69.9 tons)
5. Poland (64.6 tons)
6. France (24.8 tons)
7. Czech Republic (15.3 tons)

Source: IndexBox Market Intelligence Platform