Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Poland - 2023
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Poland (CIF) - 2023
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Poland (FOB) - 2023
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Poland
- Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Poland
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Poland (CIF) - 2023
The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $4,511 per ton in August 2023, growing by 7% against the previous month. Over the last eight months, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 35% m-o-m. Over the period under review, average import prices hit record highs in August 2023.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to August 2023, the rate of growth in terms of prices for Sweden amounted to +6.4% per month.
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Poland (FOB) - 2023
The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $9,491 per ton in August 2023, increasing by 53% against the previous month. In general, the export price showed a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Uzbekistan ($30,271 per ton), while the average price for exports to Canada ($8,203 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 Portugal (+62.5%), 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 Poland
In 2022, the amount of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s imported into Poland was estimated at 8.5K tons, surging by 3.5% against the previous year's figure. The total import volume increased at an average annual rate of +4.6% over the period 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 when imports increased by 39%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $32M in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 51%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.5 | 4.9 | 8.1 | 11.4 | 27.5% |
| Germany | 5.6 | 7.7 | 7.3 | 9.0 | 17.1% |
| South Korea | 0.7 | 0.8 | 3.1 | 5.4 | 97.6% |
| Slovenia | N/A | N/A | 1.0 | 1.4 | 40.0% |
| France | 0.6 | 0.2 | 0.2 | 0.9 | 14.5% |
| China | 0.2 | 0.7 | 1.0 | 0.9 | 65.1% |
| Finland | N/A | N/A | 0.6 | 0.7 | 16.7% |
| Netherlands | 0.1 | 0.1 | 0.6 | 0.4 | 58.7% |
| Spain | 1.8 | 0.4 | 0.5 | 0.2 | -51.9% |
| Others | 1.5 | 0.6 | 0.9 | 1.9 | 8.2% |
| Total | 16.1 | 15.4 | 23.3 | 32.2 | 26.0% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Poland in 2022:
- Italy (3180.3 tons)
- Germany (1939.0 tons)
- South Korea (1631.0 tons)
- Slovenia (509.8 tons)
- Finland (259.4 tons)
- France (237.9 tons)
- China (157.3 tons)
- Netherlands (107.2 tons)
- Spain (41.6 tons)
Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Poland
In 2022, shipments abroad of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s decreased by -16.1% to 812 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 6.4%. As a result, the exports attained the peak of 1.2K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s soared to $4M in 2022. Overall, exports saw a relatively flat trend pattern.
| Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 597 | 303 | 213 | 1,404 | 33.0% |
| Germany | 1,370 | 1,393 | 800 | 892 | -13.3% |
| Italy | 200 | 360 | 430 | 537 | 39.0% |
| Sweden | 164 | 490 | 592 | 287 | 20.5% |
| Switzerland | 55.7 | 82.4 | 69.3 | 114 | 27.0% |
| United States | 5.7 | 20.7 | 16.5 | 95.0 | 155.4% |
| Netherlands | 143 | 190 | 117 | 73.7 | -19.8% |
| Lithuania | 345 | 91.7 | 19.9 | 67.9 | -41.8% |
| Finland | 121 | 68.1 | 4.3 | 48.7 | -26.2% |
| Slovakia | 259 | 310 | 224 | 47.5 | -43.2% |
| Others | 788 | 579 | 729 | 453 | -16.9% |
| Total | 4,049 | 3,887 | 3,215 | 4,019 | -0.2% |
Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Poland in 2022:
- Czech Republic (198.5 tons)
- Germany (170.2 tons)
- Italy (132.6 tons)
- Sweden (116.1 tons)
- Lithuania (32.9 tons)
- Netherlands (32.2 tons)
- Switzerland (21.1 tons)
- Finland (20.5 tons)
- Slovakia (17.2 tons)
- United States (12.6 tons)
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