Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Hungary - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Hungary (CIF) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Hungary (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Hungary
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Hungary
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Hungary (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 $19,971 per ton, shrinking by -6.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2018 an increase of 26% against the previous year. As a result, import price reached the peak level of $22,477 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($264,264 per ton), while the price for Italy ($6,072 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.2%), 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 Hungary (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 $20,519 per ton, picking up by 3.4% against the previous year. In general, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 58%. The export price peaked at $28,403 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
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 Taiwan (Chinese) ($79,606 per ton), while the average price for exports to Austria ($11,024 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 the Czech Republic (+38.1%), 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 Hungary
In 2022, after two years of decline, there was significant growth in overseas purchases of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia, when their volume increased by 56% to 1.1K tons. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.6% 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.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $23M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern 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.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 3.7 | 4.4 | 2.2 | 4.8 | 9.1% |
| Germany | 2.4 | 1.9 | 2.4 | 4.4 | 22.4% |
| France | 3.3 | 2.8 | 2.5 | 3.5 | 2.0% |
| Ukraine | 2.6 | 2.7 | 4.4 | 3.4 | 9.4% |
| Italy | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
| Slovakia | 0.6 | 0.1 | 0.6 | 0.6 | 0.0% |
| Netherlands | 0.2 | 0.3 | 0.5 | 0.5 | 35.7% |
| Spain | N/A | N/A | N/A | 0.5 | 0% |
| India | 0.4 | 0.3 | 0.1 | 0.4 | 0.0% |
| China | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| South Korea | 1.8 | 0.4 | N/A | N/A | -77.8% |
| Vietnam | 1.6 | 0.9 | N/A | N/A | -43.8% |
| Others | 3.9 | 4.9 | 2.8 | 3.8 | -0.9% |
| Total | 20.8 | 19.0 | 15.8 | 22.9 | 3.3% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Hungary in 2022:
- Germany (309.3 tons)
- Ukraine (232.3 tons)
- Austria (213.1 tons)
- Italy (100.3 tons)
- Slovakia (55.9 tons)
- France (51.5 tons)
- Spain (41.7 tons)
- Netherlands (40.5 tons)
- China (31.2 tons)
- India (20.8 tons)
- South Korea (0.3 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Hungary
In 2022, shipments abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia increased by 9.7% to 43 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a deep downturn.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia expanded notably to $880K in 2022. In general, exports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 329 | 255 | 293 | 293 | -3.8% |
| Germany | 291 | 104 | 167 | 149 | -20.0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 125 | 0% |
| United States | 76.7 | 31.0 | 40.7 | 58.2 | -8.8% |
| China | 3.6 | 4.1 | 39.0 | 46.1 | 134.0% |
| Mexico | 23.4 | 23.9 | 36.8 | 40.9 | 20.5% |
| Belgium | 6.6 | 21.3 | 23.6 | 39.7 | 81.9% |
| Serbia | 2.1 | 12.4 | 12.1 | 28.8 | 139.4% |
| Poland | 0.2 | 0.4 | 1.8 | 15.3 | 324.5% |
| Others | 206 | 45.3 | 162 | 84.3 | -25.8% |
| Total | 939 | 498 | 776 | 880 | -2.1% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Hungary in 2022:
- Austria (26.6 tons)
- Germany (5.8 tons)
- Taiwan (Chinese) (1.6 tons)
- Serbia (1.5 tons)
- Belgium (1.4 tons)
- China (1.4 tons)
- Mexico (1.3 tons)
- Poland (1.0 tons)
- United States (0.8 tons)
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