Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Serbia - 2023
Contents:
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Serbia (CIF) - 2022
- Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Serbia
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Serbia (CIF) - 2022
The average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $2,520 per ton in 2022, growing by 54% against the previous year. Over the period under review, the import price, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of 119%. Over the period under review, average import prices attained the peak figure at $3,927 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Hungary ($2,815 per ton), while the price for Italy stood at $706 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+2.7%).
Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Serbia
In 2022, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s into Serbia skyrocketed to 172 tons, picking up by 19% on 2021. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 9,019% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s surged to $432K in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 19,851% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | 235 | 415 | 76.6% |
| Italy | N/A | N/A | N/A | 16.9 | 0% |
| Others | N/A | 1.2 | N/A | N/A | 0% |
| Total | N/A | 1.2 | 235 | 432 | 1797.4% |
Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Serbia in 2022:
- Hungary (147.6 tons)
- Italy (24.0 tons)
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