Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Lithuania - 2023

Contents:

  1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Lithuania (CIF) - 2022
  2. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Lithuania

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Lithuania (CIF) - 2022

In 2022, the average import price for steel, alloy amounted to $4,483 per ton, with an increase of 33% against the previous year. Over the period from 2021 to 2022, it increased at an average annual rate of +33.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Lithuania

Imports of steel, alloy into Lithuania shrank notably to 1 tons in 2022, with a decrease of -93.7% against the year before. Over the period under review, imports continue to indicate a sharp contraction.

In value terms, imports of steel, alloy dropped significantly to $4.5K in 2022. Overall, imports faced a significant decline.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Lithuania (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
NetherlandsN/A4.50%
China52.2N/A0%
Others0.8N/A0%
Total53.04.5-91.5%

Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented to Lithuania in 2022:

  1. Netherlands (1.0 tons)

Source: IndexBox Market Intelligence Platform

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