Price for Steel, Alloy; Ingots and Other Primary Forms in Serbia - 2024
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Serbia (CIF) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Serbia
Price for Steel, Alloy; Ingots and Other Primary Forms in Serbia (CIF) - 2022
In 2022, the average import price for steel, alloy; ingots and other primary formses amounted to $2,102 per ton, with a decrease of -19.1% against the previous year. In general, the import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 315%. As a result, import price reached the peak level of $8,695 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,145 per ton), while the price for Montenegro totaled $2,097 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Montenegro (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Steel, Alloy; Ingots and Other Primary Forms in Serbia
In 2022, approx. 11 tons of steel, alloy; ingots and other primary formses were imported into Serbia; jumping by 499% against the previous year's figure. Over the period under review, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, alloy; ingots and other primary formses skyrocketed to $23K in 2022. In general, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 10.1 | 10.0 | N/A | 20.7 | 27.0% |
| Italy | 5.0 | 2.7 | 2.5 | 2.6 | -19.6% |
| Others | 1.4 | N/A | 2.3 | N/A | 28.2% |
| Total | 16.5 | 12.7 | 4.8 | 23.3 | 12.2% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Serbia in 2022:
- Montenegro (9.9 tons)
- Italy (1.2 tons)
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