Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania (FOB) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania (CIF) - 2022
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $6,064 per ton in 2022, reducing by -52% against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 737%. The export price peaked at $19,699 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($64,451 per ton), while the average price for exports to Russia ($2,315 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 Spain (+96.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $7,871 per ton, with an increase of 20% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. The growth pace was the most rapid in 2016 an increase of 231%. The import price peaked at $13,436 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($28,936 per ton), while the price for Poland ($2,146 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+76.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania
In 2022, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Lithuania soared to 40 tons, with an increase of 249% against the previous year's figure. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,333%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $243K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 831% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1.5 | N/A | 47.5 | 75.0 | 268.4% |
| United Arab Emirates | N/A | N/A | N/A | 62.1 | 0% |
| Germany | 6.1 | 6.2 | 2.9 | 59.8 | 114.0% |
| Russia | N/A | 0.4 | 5.4 | 22.2 | 645.0% |
| Spain | 67.7 | N/A | N/A | N/A | 0% |
| Austria | N/A | N/A | 40.9 | N/A | 0% |
| Others | 9.6 | 9.0 | 48.5 | 23.8 | 35.3% |
| Total | 84.9 | 15.6 | 145 | 243 | 42.0% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Lithuania in 2022:
- United Arab Emirates (26.0 tons)
- Russia (9.6 tons)
- Germany (2.7 tons)
- Sweden (1.2 tons)
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania
In 2022, approx. 15 tons of steel, stainless; semi-finished products, other than of rectangular cross-sectia were imported into Lithuania; remaining constant against the previous year's figure. In general, imports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 2.4% against the previous year.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $115K in 2022. Overall, imports saw a significant curtailment. The growth pace was the most rapid in 2021 when imports increased by 18%.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.3 | 3.6 | N/A | 67.8 | 509.1% |
| United Kingdom | 12.0 | 48.9 | 38.7 | 21.0 | 20.5% |
| Slovakia | N/A | N/A | 0.2 | 8.2 | 4000.0% |
| Poland | 7.9 | 2.1 | N/A | 7.9 | 0.0% |
| Netherlands | N/A | N/A | 2.8 | 7.3 | 160.7% |
| Germany | 64.3 | 21.3 | 21.4 | 2.9 | -64.4% |
| Spain | 97.3 | N/A | N/A | N/A | 0% |
| Russia | 68.9 | N/A | N/A | N/A | 0% |
| Belgium | 23.5 | N/A | N/A | N/A | 0% |
| Denmark | N/A | N/A | 11.6 | N/A | 0% |
| Others | 6.1 | 6.5 | 22.8 | 0.1 | -74.6% |
| Total | 280 | 82.5 | 97.6 | 115 | -25.7% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Lithuania in 2022:
- United Kingdom (5.9 tons)
- Poland (3.7 tons)
- Italy (2.6 tons)
- Slovakia (1.9 tons)
- Netherlands (0.3 tons)
- Germany (0.2 tons)
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