Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy (CIF) - 2023
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy (FOB) - 2023
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy (CIF) - 2023
In August 2023, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $10,171 per ton, stabilizing at the previous month. In general, the import price saw a pronounced descent. The growth pace was the most rapid in February 2023 when the average import price increased by 73% m-o-m. As a result, import price reached the peak level of $16,464 per ton. From March 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Ukraine ($18,489 per ton), while the price for Vietnam ($6,085 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+4.2%), 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 Italy (FOB) - 2023
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $22,484 per ton in August 2023, increasing by 9.4% against the previous month. Over the period from December 2022 to August 2023, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in June 2023 when the average export price increased by 36% against the previous month. The export price peaked in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Israel ($92,641 per ton), while the average price for exports to Kazakhstan ($3,071 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+16.9%), 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 Italy
Imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Italy dropped to 12K tons in 2022, with a decrease of -5.6% against 2021 figures. Overall, imports showed a perceptible downturn. The pace of growth was the most pronounced in 2021 when imports increased by 35%.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $113M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 36.1 | 28.0 | 38.1 | 43.8 | 6.7% |
Ukraine | 13.6 | 13.5 | 18.7 | 18.4 | 10.6% |
Spain | 9.4 | 6.1 | 4.6 | 10.2 | 2.8% |
Sweden | 14.4 | 4.6 | 5.7 | 6.5 | -23.3% |
China | 2.8 | 1.9 | 2.0 | 6.5 | 32.4% |
Germany | 2.4 | 1.5 | 3.5 | 6.4 | 38.7% |
Austria | 5.3 | 3.6 | 4.5 | 3.6 | -12.1% |
South Korea | 7.8 | 1.6 | 2.8 | 3.5 | -23.4% |
France | 1.8 | 1.3 | 0.8 | 3.4 | 23.6% |
Thailand | 1.9 | 1.9 | 1.5 | 1.8 | -1.8% |
Poland | N/A | N/A | 1.6 | 1.5 | -6.3% |
Slovenia | N/A | N/A | N/A | 1.1 | 0% |
Taiwan (Chinese) | 0.1 | 1.6 | 2.7 | 0.1 | 0.0% |
Others | 6.8 | 9.5 | 17.3 | 6.7 | -0.5% |
Total | 102 | 75.1 | 104 | 113 | 3.5% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Italy in 2022:
- India (6011.1 tons)
- Ukraine (1409.6 tons)
- Spain (826.0 tons)
- China (795.6 tons)
- Germany (468.9 tons)
- Sweden (349.7 tons)
- South Korea (327.4 tons)
- Thailand (221.8 tons)
- Austria (215.2 tons)
- Poland (206.4 tons)
- Slovenia (195.6 tons)
- France (176.6 tons)
- Taiwan (Chinese) (4.8 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy
In 2022, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia from Italy soared to 9.1K tons, with an increase of 40% on the year before. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.7% 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 +80.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia surged to $108M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.9% 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 +76.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 17.1 | 15.3 | 14.2 | 27.3 | 16.9% |
China | 4.4 | 12.3 | 16.9 | 20.4 | 66.7% |
France | 4.8 | 3.3 | 5.8 | 13.2 | 40.1% |
United States | 4.9 | 2.7 | 3.3 | 5.2 | 2.0% |
Netherlands | 2.2 | 2.0 | 2.9 | 5.1 | 32.3% |
Poland | 3.5 | 3.3 | 3.9 | 3.8 | 2.8% |
Turkey | 0.5 | 1.4 | 0.9 | 3.0 | 81.7% |
Switzerland | 1.0 | 0.7 | 0.8 | 2.7 | 39.2% |
Egypt | 0.6 | 0.4 | 2.0 | 2.5 | 60.9% |
Spain | 1.0 | 0.9 | 1.0 | 2.3 | 32.0% |
Romania | 0.8 | 0.6 | 1.0 | 1.5 | 23.3% |
Slovenia | 0.3 | 0.3 | 0.6 | 1.2 | 58.7% |
Moldova | N/A | N/A | N/A | 0.3 | 0% |
Others | 20.0 | 24.0 | 18.9 | 19.2 | -1.4% |
Total | 61.0 | 67.3 | 72.2 | 108 | 21.0% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Italy in 2022:
- China (2474.4 tons)
- Germany (1785.9 tons)
- Romania (786.7 tons)
- France (727.0 tons)
- Netherlands (374.4 tons)
- United States (300.0 tons)
- Switzerland (221.9 tons)
- Moldova (208.0 tons)
- Slovenia (207.7 tons)
- Turkey (204.5 tons)
- Egypt (156.9 tons)
- Poland (152.8 tons)
- Spain (147.4 tons)
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