Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy (CIF) - 2023
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy (FOB) - 2023
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy (CIF) - 2023
In August 2023, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $10,171 per ton, stabilizing at the previous month. In general, the import price saw a pronounced descent. The growth pace was the most rapid in February 2023 when the average import price increased by 73% m-o-m. As a result, import price reached the peak level of $16,464 per ton. From March 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Ukraine ($18,489 per ton), while the price for Vietnam ($6,085 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy (FOB) - 2023
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $22,484 per ton in August 2023, increasing by 9.4% against the previous month. Over the period from December 2022 to August 2023, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in June 2023 when the average export price increased by 36% against the previous month. The export price peaked in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Israel ($92,641 per ton), while the average price for exports to Kazakhstan ($3,071 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy
Imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Italy dropped to 12K tons in 2022, with a decrease of -5.6% against 2021 figures. Overall, imports showed a perceptible downturn. The pace of growth was the most pronounced in 2021 when imports increased by 35%.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $113M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 36.1 | 28.0 | 38.1 | 43.8 | 6.7% |
| Ukraine | 13.6 | 13.5 | 18.7 | 18.4 | 10.6% |
| Spain | 9.4 | 6.1 | 4.6 | 10.2 | 2.8% |
| Sweden | 14.4 | 4.6 | 5.7 | 6.5 | -23.3% |
| China | 2.8 | 1.9 | 2.0 | 6.5 | 32.4% |
| Germany | 2.4 | 1.5 | 3.5 | 6.4 | 38.7% |
| Austria | 5.3 | 3.6 | 4.5 | 3.6 | -12.1% |
| South Korea | 7.8 | 1.6 | 2.8 | 3.5 | -23.4% |
| France | 1.8 | 1.3 | 0.8 | 3.4 | 23.6% |
| Thailand | 1.9 | 1.9 | 1.5 | 1.8 | -1.8% |
| Poland | N/A | N/A | 1.6 | 1.5 | -6.3% |
| Slovenia | N/A | N/A | N/A | 1.1 | 0% |
| Taiwan (Chinese) | 0.1 | 1.6 | 2.7 | 0.1 | 0.0% |
| Others | 6.8 | 9.5 | 17.3 | 6.7 | -0.5% |
| Total | 102 | 75.1 | 104 | 113 | 3.5% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Italy in 2022:
- India (6011.1 tons)
- Ukraine (1409.6 tons)
- Spain (826.0 tons)
- China (795.6 tons)
- Germany (468.9 tons)
- Sweden (349.7 tons)
- South Korea (327.4 tons)
- Thailand (221.8 tons)
- Austria (215.2 tons)
- Poland (206.4 tons)
- Slovenia (195.6 tons)
- France (176.6 tons)
- Taiwan (Chinese) (4.8 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy
In 2022, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia from Italy soared to 9.1K tons, with an increase of 40% on the year before. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.2% against 2019 indices. 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; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia surged to $108M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.1 | 15.3 | 14.2 | 27.3 | 16.9% |
| China | 4.4 | 12.3 | 16.9 | 20.4 | 66.7% |
| France | 4.8 | 3.3 | 5.8 | 13.2 | 40.1% |
| United States | 4.9 | 2.7 | 3.3 | 5.2 | 2.0% |
| Netherlands | 2.2 | 2.0 | 2.9 | 5.1 | 32.3% |
| Poland | 3.5 | 3.3 | 3.9 | 3.8 | 2.8% |
| Turkey | 0.5 | 1.4 | 0.9 | 3.0 | 81.7% |
| Switzerland | 1.0 | 0.7 | 0.8 | 2.7 | 39.2% |
| Egypt | 0.6 | 0.4 | 2.0 | 2.5 | 60.9% |
| Spain | 1.0 | 0.9 | 1.0 | 2.3 | 32.0% |
| Romania | 0.8 | 0.6 | 1.0 | 1.5 | 23.3% |
| Slovenia | 0.3 | 0.3 | 0.6 | 1.2 | 58.7% |
| Moldova | N/A | N/A | N/A | 0.3 | 0% |
| Others | 20.0 | 24.0 | 18.9 | 19.2 | -1.4% |
| Total | 61.0 | 67.3 | 72.2 | 108 | 21.0% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Italy in 2022:
- China (2474.4 tons)
- Germany (1785.9 tons)
- Romania (786.7 tons)
- France (727.0 tons)
- Netherlands (374.4 tons)
- United States (300.0 tons)
- Switzerland (221.9 tons)
- Moldova (208.0 tons)
- Slovenia (207.7 tons)
- Turkey (204.5 tons)
- Egypt (156.9 tons)
- Poland (152.8 tons)
- Spain (147.4 tons)
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