Report Update Nov 1, 2024

Greece - Hot-Rolled Round Bars of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Market for Hot-Rolled Round Bars Of Stainless Steel 2024

Market Size for Hot-Rolled Round Bars Of Stainless Steel in Greece

The Greek hot-rolled round stainless steel market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption enjoyed a perceptible increase. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Exports of Hot-Rolled Round Bars Of Stainless Steel

Exports from Greece

Hot-rolled round stainless steel exports from Greece totaled X tons in 2021, therefore, remained relatively stable against 2020 figures. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 62,044% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, hot-rolled round stainless steel exports totaled $X in 2021. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 78,577%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Cyprus (X tons) was the main destination for hot-rolled round stainless steel exports from Greece, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Cyprus stood at +106.2%.

From 2012 to 2021, the average annual rate of growth in terms of value to Cyprus totaled +85.2%.

Export Prices by Country

In 2021, the average hot-rolled round stainless steel export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 101%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cyprus.

From 2012 to 2021, the rate of growth in terms of prices for North Macedonia amounted to +19.1% per year.

Imports of Hot-Rolled Round Bars Of Stainless Steel

Imports into Greece

In 2021, approx. X tons of hot-rolled round bars of stainless steel were imported into Greece; picking up by 54% against the year before. Overall, imports showed a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by 98% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, hot-rolled round stainless steel imports soared to $X in 2021. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 93%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Germany (X tons), China (X tons) and Sweden (X tons) were the main suppliers of hot-rolled round stainless steel imports to Greece, together accounting for 81% of total imports. Italy, India and Turkey lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +336.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of hot-rolled round bars of stainless steel to Greece, comprising 44% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports. It was followed by Sweden, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+24.0% per year) and Sweden (+9.1% per year).

Import Prices by Country

In 2021, the average hot-rolled round stainless steel import price amounted to $X per ton, increasing by 14% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 20%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+41.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled round bars of stainless steel in the world?

The countries with the highest volumes of hot-rolled round stainless steel consumption in 2021 were China, the United States and India, together accounting for 42% of global consumption. These countries were followed by Germany, Russia, Japan, Brazil, the UK, Nigeria, South Korea, Canada, Spain and Saudi Arabia, which together accounted for a further 34%.

What are the largest producers of hot-rolled round bars of stainless steel in the world?

China remains the largest hot-rolled round stainless steel producing country worldwide, accounting for 23% of total volume. Moreover, hot-rolled round stainless steel production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.4% share.

What are the leading suppliers of hot-rolled round bars of stainless steel to Greece?

In value terms, Germany constituted the largest supplier of hot-rolled round stainless steel to Greece, comprising 44% of total imports. The second position in the ranking was occupied by China, with a 20% share of total imports. It was followed by Sweden, with a 14% share.

What is the average export price for hot-rolled round bars of stainless steel in Greece?

In 2021, the average hot-rolled round stainless steel export price amounted to $2,982 per ton, almost unchanged from the previous year.

What is the average import price for hot-rolled round bars of stainless steel in Greece?

In 2021, the average hot-rolled round stainless steel import price amounted to $4,687 per ton, rising by 14% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled round stainless steel in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24106410 - Hot-rolled round bars, of stainless steel

Country coverage:

Greece

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Greece
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023