Slovakia - Flat-Rolled Products Of Iron Or Steel (Not Further Worked Than Cold-Rolled) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Slovakia - Flat-Rolled Products Of Iron Or Steel (Not Further Worked Than Cold-Rolled) - Market Analysis, Forecast, Size, Trends and Insights

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Cold-Rolled Steel Products Price in Slovakia - 2023

Contents:

  1. Cold-Rolled Steel Products Price in Slovakia (FOB) - 2023
  2. Cold-Rolled Steel Products Price in Slovakia (CIF) - 2023
  3. Cold-Rolled Steel Products Exports in Slovakia
  4. Cold-Rolled Steel Products Imports in Slovakia

Cold-Rolled Steel Products Price in Slovakia (FOB) - 2023

The average cold-rolled steel products export price stood at $1,112 per ton in August 2023, rising by 4.3% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 8.6% month-to-month. As a result, the export price attained the peak level of $1,197 per ton. From May 2023 to August 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In August 2023, the countries with the highest prices were Germany ($1,361 per ton) and Hungary ($1,198 per ton), while the average price for exports to Austria ($971 per ton) and Poland ($1,016 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cold-Rolled Steel Products Price in Slovakia (CIF) - 2023

The average cold-rolled steel products import price stood at $1,616 per ton in August 2023, with a decrease of -2.8% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 8.6% month-to-month. As a result, import price attained the peak level of $1,801 per ton. From May 2023 to August 2023, the average import prices remained at a 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 Italy ($2,411 per ton), while the price for Hungary ($1,052 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Cold-Rolled Steel Products Exports in Slovakia

In 2022, approx. 358K tons of flat-rolled products of iron or steel (not further worked than cold-rolled) were exported from Slovakia; declining by -23.4% compared with the previous year's figure. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 68% against the previous year. As a result, the exports reached the peak of 467K tons, and then shrank remarkably in the following year.

In value terms, cold-rolled steel products exports dropped to $439M in 2022. In general, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 156% against the previous year. As a result, the exports reached the peak of $516M, and then shrank in the following year.

Export of Cold-Rolled Steel Products in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic99.163.41781309.5%
Poland73.039.913291.67.9%
Hungary38.329.963.166.120.0%
Romania65.233.143.452.4-7.0%
Austria12.89.419.723.923.1%
Germany14.78.327.021.413.3%
Italy0.41.35.310.1193.4%
Others21.116.647.944.228.0%
Total32520251643910.5%

Top Export Markets for Cold-Rolled Steel Products from Slovakia in 2022:

  1. Czech Republic (107.5K tons)
  2. Poland (75.0K tons)
  3. Romania (50.7K tons)
  4. Hungary (46.5K tons)
  5. Austria (17.9K tons)
  6. Germany (16.5K tons)
  7. Italy (8.4K tons)

Cold-Rolled Steel Products Imports in Slovakia

In 2022, approx. 262K tons of flat-rolled products of iron or steel (not further worked than cold-rolled) were imported into Slovakia; reducing by -19.3% against the previous year's figure. In general, imports showed a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports reached the peak of 324K tons, and then contracted dramatically in the following year.

In value terms, cold-rolled steel products imports reduced to $453M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 81% against the previous year. As a result, imports reached the peak of $462M, and then reduced slightly in the following year.

Import of Cold-Rolled Steel Products in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany91.264.697.11178.7%
Italy33.933.950.442.88.1%
Austria22.614.927.339.019.9%
Romania16.618.554.137.331.0%
South Korea24.821.730.136.213.4%
Belgium14.220.127.130.028.3%
Czech Republic15.718.130.124.916.6%
Poland19.718.026.421.73.3%
France12.96.67.816.38.1%
Serbia14.16.027.311.1-7.7%
Hungary14.512.314.110.3-10.8%
Others19.020.369.766.251.6%
Total29925546245314.9%

Top Suppliers of Cold-Rolled Steel Products to Slovakia in 2022:

  1. Germany (74.2K tons)
  2. Austria (25.6K tons)
  3. South Korea (25.6K tons)
  4. Belgium (20.8K tons)
  5. Romania (14.0K tons)
  6. Czech Republic (13.5K tons)
  7. Poland (13.2K tons)
  8. Italy (13.0K tons)
  9. Serbia (10.9K tons)
  10. Hungary (8.4K tons)
  11. France (4.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cold-rolled steel products market in Slovakia. 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 24103520 - Flat-rolled products of high-speed steel, of a width . .600 mm, h ot-rolled or cold-rolled
  • Prodcom 24104150 - Electrical sheet and strip, grain non-oriented of a width . .600 mm
  • Prodcom 241041Z0 - Uncoated cold-rolled sheet, plate and strip (including electrical sheet and strip not finally annealed), of a width . .600 mm, of steel other than stainless steel
  • Prodcom 24104200 - Cold-rolled sheet, plate and wide strip of a width of .600 mm or more (of stainless steel)
  • Prodcom 24104300 - Flat-rolled products of alloy steel other than stainless, of a width of . .600 mm, simply cold-rolled (excluding products of high-speed steel or silicon-electrical steel)
  • Prodcom 24321025 - Flat-rolled products of iron or non-alloy steel, of a width of < .600 mm, simply cold-rolled
  • Prodcom 243210Z1 - Cold-rolled narrow strip and cold-rolled slit strip, of non-alloy steel and of alloy steel (other than stainless steel), of a width < .600 mm
  • Prodcom 243210Z2 - Cold-rolled narrow strip and cold-rolled slit strip, of stainless steel (excluding insulated electric strip, corrugated strip with one edge serrated or bevelled), of a width < .600 mm

Country coverage:

  • Slovakia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovakia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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