Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ukraine - 2023

Contents:

1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ukraine (CIF) - 2022
2. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ukraine (FOB) - 2022
3. Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ukraine
4. Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ukraine

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ukraine (CIF) - 2022

The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $5,441 per ton in 2022, with a decrease of -4.7% against the previous year. Over the period under review, the import price, however, showed a moderate increase. The pace of growth was the most pronounced in 2021 an increase of 80%. As a result, import price attained the peak level of $5,706 per ton, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($15,303 per ton), while the price for Lithuania ($1,462 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ukraine (FOB) - 2022

The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $10,089 per ton in 2022, increasing by 819% against the previous year. In general, the export price, however, continues to indicate a precipitous contraction. Over the period under review, the average export prices hit record highs at $351,955 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($14,863 per ton), while the average price for exports to Bulgaria ($8,867 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 Bulgaria (+225.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ukraine

In 2022, the amount of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s imported into Ukraine contracted sharply to 31 tons, waning by -49.8% against the previous year. Over the period under review, imports showed a dramatic decline. The smallest decline of -0.2% was in 2021.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s shrank notably to $169K in 2022. Overall, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 80% against the previous year. As a result, imports reached the peak of $353K, and then contracted notably in the following year.

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Ukraine in 2022:

1. China (14.9 tons)
2. Germany (7.0 tons)
3. Lithuania (4.2 tons)
4. Italy (2.1 tons)
5. Poland (2.1 tons)
6. Turkey (0.4 tons)

Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ukraine

In 2022, shipments abroad of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s decreased by -77.7% to 395 kg, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,521%. As a result, the exports reached the peak of 2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $4K in 2022. In general, exports, however, saw a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Ukraine in 2022:

1. Bulgaria (210.0 kg)
2. Turkey (105.0 kg)
3. Germany (80.0 kg)