Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Turkey - 2024
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Turkey (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Turkey (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Turkey
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Turkey
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Turkey (CIF) - 2022
The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $10,908 per ton in 2022, rising by 56% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% 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; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia increased by +84.6% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Germany ($36,369 per ton), while the price for China ($5,239 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+49.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Turkey (FOB) - 2022
In 2022, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $7,827 per ton, with an increase of 24% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. The growth pace was the most rapid in 2020 when the average export price increased by 76% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.
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 Uzbekistan ($12,106 per ton), while the average price for exports to Turkmenistan ($2,024 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 Azerbaijan (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Turkey
In 2022, after three years of growth, there was significant decline in purchases abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia, when their volume decreased by -15.4% to 3K tons. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 106% against the previous year. As a result, imports attained the peak of 3.5K tons, and then contracted notably in the following year.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $33M in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 145%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.4 | 2.8 | 8.2 | 9.5 | 89.3% |
| Russia | 0.4 | N/A | 7.1 | 8.0 | 171.4% |
| Germany | 0.4 | 0.3 | 0.4 | 3.1 | 97.9% |
| Sweden | 0.9 | 1.1 | 5.6 | 3.0 | 49.4% |
| Spain | 4.4 | 4.2 | 0.3 | 2.9 | -13.0% |
| Italy | 1.2 | 0.4 | 0.8 | 1.3 | 2.7% |
| Ukraine | 0.2 | 0.3 | 0.8 | 1.0 | 71.0% |
| Others | 1.9 | 1.0 | 1.6 | 3.8 | 26.0% |
| Total | 10.8 | 10.1 | 24.8 | 32.6 | 44.5% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Turkey in 2022:
- China (1820.2 tons)
- Sweden (273.5 tons)
- Russia (237.1 tons)
- Spain (155.6 tons)
- Ukraine (94.2 tons)
- Italy (90.5 tons)
- Germany (85.4 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Turkey
In 2022, overseas shipments of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia were finally on the rise to reach 496 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt setback.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $3.9M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 5.0 | 46.0 | 128 | 1,977 | 634.0% |
| Oman | N/A | 65.4 | 586 | 574 | 196.3% |
| Bulgaria | 127 | 153 | 125 | 179 | 12.1% |
| Serbia | 107 | 63.3 | 61.6 | 165 | 15.5% |
| France | 17.6 | 13.8 | 23.0 | 148 | 103.4% |
| Cyprus | 25.2 | 18.8 | 101 | 113 | 64.9% |
| Algeria | 80.7 | 16.7 | 91.7 | 86.8 | 2.5% |
| Georgia | 6.1 | 10.0 | 5.1 | 41.8 | 89.9% |
| Germany | 0.2 | 18.5 | 27.4 | 41.3 | 491.1% |
| Netherlands | 112 | 726 | 55.2 | 20.6 | -43.1% |
| Turkmenistan | 268 | 7.6 | 109 | 17.6 | -59.7% |
| Ukraine | 977 | 1,155 | 3.9 | 16.1 | -74.6% |
| Kuwait | N/A | 86.7 | 10.6 | N/A | -87.8% |
| Others | 513 | 491 | 1,070 | 497 | -1.1% |
| Total | 2,238 | 2,871 | 2,397 | 3,879 | 20.1% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Turkey in 2022:
- Iraq (239.9 tons)
- Oman (48.0 tons)
- Cyprus (41.9 tons)
- Algeria (32.1 tons)
- Serbia (20.3 tons)
- Bulgaria (18.9 tons)
- France (13.8 tons)
- Georgia (10.4 tons)
- Germany (9.5 tons)
- Turkmenistan (8.7 tons)
- Netherlands (3.5 tons)
- Ukraine (2.6 tons)
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