Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Lithuania - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Lithuania (CIF) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Lithuania (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Lithuania
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Lithuania
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Lithuania (CIF) - 2022
In 2022, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $12,220 per ton, waning by -3.9% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia decreased by -18.6% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 116%. As a result, import price reached the peak level of $15,003 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($82,636 per ton), while the price for Poland ($3,858 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+28.9%), 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 Lithuania (FOB) - 2022
In 2022, the average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $13,574 per ton, with a decrease of -2.1% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia increased by +8.0% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 68%. The export price peaked at $18,882 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($29,454 per ton), while the average price for exports to Latvia ($5,533 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 Finland (+16.5%), 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 Lithuania
In 2022, supplies from abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia was finally on the rise to reach 207 tons after two years of decline. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia surged to $2.5M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 523 | 577 | 207 | 626 | 6.2% |
| Netherlands | 123 | 132 | 220 | 402 | 48.4% |
| Italy | 109 | 472 | 82.5 | 397 | 53.9% |
| Belgium | 16.0 | 17.3 | 87.5 | 306 | 167.4% |
| Poland | 29.6 | 229 | 154 | 214 | 93.4% |
| Austria | 54.9 | 1.0 | 31.2 | 185 | 49.9% |
| Sweden | 1,018 | 44.4 | 430 | 137 | -48.8% |
| Others | 228 | 234 | 178 | 266 | 5.3% |
| Total | 2,102 | 1,707 | 1,391 | 2,533 | 6.4% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Lithuania in 2022:
- Poland (55.6 tons)
- Germany (40.3 tons)
- Netherlands (29.6 tons)
- Italy (25.8 tons)
- Belgium (15.9 tons)
- Austria (12.3 tons)
- Sweden (9.8 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Lithuania
In 2022, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia from Lithuania dropped to 71 tons, declining by -6.7% against the year before. Overall, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 3%.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia declined to $962K in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 12%.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 660 | 547 | 691 | 497 | -9.0% |
| Germany | N/A | N/A | 0.1 | 143 | 142900.0% |
| Kazakhstan | 30.3 | 20.0 | 0.8 | 109 | 53.2% |
| Uruguay | N/A | N/A | N/A | 57.6 | 0% |
| Estonia | 30.1 | 4.2 | 99.1 | 37.2 | 7.3% |
| Finland | 0.2 | 120 | 130 | 28.7 | 423.5% |
| Greece | N/A | N/A | N/A | 14.3 | 0% |
| Latvia | 17.1 | 14.8 | 54.0 | 9.8 | -16.9% |
| Norway | 1.3 | 104 | N/A | N/A | 7900.0% |
| Belarus | 381 | 61.5 | 71.9 | N/A | -56.6% |
| Others | 62.4 | 71.6 | 7.9 | 65.0 | 1.4% |
| Total | 1,182 | 942 | 1,055 | 962 | -6.6% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Lithuania in 2022:
- Russia (40.6 tons)
- Germany (11.2 tons)
- Uruguay (6.6 tons)
- Kazakhstan (5.0 tons)
- Latvia (1.8 tons)
- Estonia (1.5 tons)
- Greece (1.1 tons)
- Finland (1.0 tons)
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