Eastern Europe: Stainless Steel Angle Market 2024

Stainless Steel Angle Market Size in Eastern Europe

The East European stainless steel angle market reduced slightly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption saw a slight decrease. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Stainless Steel Angle Production in Eastern Europe

In value terms, stainless steel angle production reached $X in 2022 estimated in export price. Overall, production saw a perceptible decline. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Stainless Steel Angle Exports

Exports in Eastern Europe

In 2022, overseas shipments of angles, shapes and sections of stainless steel or other alloy steel decreased by X% to X tons, falling for the fourth year in a row after two years of growth. In general, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, stainless steel angle exports contracted significantly to $X in 2022. Overall, exports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X tons) and Poland (X tons) represented roughly X% of total exports in 2022. It was distantly followed by the Czech Republic (X tons), making up a X% share of total exports. The following exporters - Romania (X tons) and Estonia (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Romania (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Poland ($X), the Czech Republic ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Romania and Estonia lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Stainless Steel Angle Imports

Imports in Eastern Europe

Stainless steel angle imports fell significantly to X tons in 2022, dropping by X% against the previous year. Overall, imports continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, stainless steel angle imports dropped to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

The purchases of the four major importers of angles, shapes and sections of stainless steel or other alloy steel, namely Belarus, Romania, Poland and Russia, represented more than two-thirds of total import. Slovakia (X tons) took the next position in the ranking, followed by the Czech Republic (X tons) and Bulgaria (X tons). All these countries together took near X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belarus (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Romania, Slovakia, Belarus and Bulgaria lagged somewhat behind, together comprising a further X%.

Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, increasing by X% against the previous year. Import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stainless steel angle import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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