Czech Republic - Iron and Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIron and Steel Price in the Czech Republic - 2023
Contents:
- Iron and Steel Price in the Czech Republic (CIF) - 2023
- Iron and Steel Price in the Czech Republic (FOB) - 2022
- Iron and Steel Imports in the Czech Republic
- Iron and Steel Exports in the Czech Republic
Iron and Steel Price in the Czech Republic (CIF) - 2023
The average iron and steel import price stood at $787 per ton in July 2023, increasing by 17% against the previous month. Overall, the import price, however, continues to indicate a slight decline. The growth pace was the most rapid in December 2022 when the average import price increased by 31% m-o-m. Over the period under review, average import prices reached the maximum at $897 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($569K per ton), while the price for Poland ($601 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+71.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Iron and Steel Price in the Czech Republic (FOB) - 2022
The average iron and steel export price stood at $823 per ton in 2022, jumping by 52% against the previous year. Overall, the export price enjoyed buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($1,708 per ton), while the average price for exports to Italy ($405 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 (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Iron and Steel Imports in the Czech Republic
Iron and steel imports into the Czech Republic expanded to 72K tons in 2022, growing by 3.6% compared with 2021. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, iron and steel imports rose modestly to $57M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 110%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Iron and Steel in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 6.1 | 15.3 | 29.5 | 24.9 | 59.8% |
| Germany | 4.9 | 5.0 | 11.4 | 15.2 | 45.8% |
| Slovakia | 0.5 | 1.4 | 2.6 | 2.6 | 73.2% |
| Italy | 0.8 | 0.6 | 6.0 | 2.5 | 46.2% |
| Austria | 0.2 | 1.2 | 3.4 | 2.4 | 128.9% |
| Russia | 15.1 | 0.3 | 0.3 | N/A | -85.9% |
| Others | 3.1 | 2.3 | 1.4 | 9.0 | 42.7% |
| Total | 30.6 | 26.0 | 54.7 | 56.7 | 22.8% |
Top Suppliers of Iron and Steel to the Czech Republic in 2022:
- Poland (29.4K tons)
- Germany (16.5K tons)
- Slovakia (2.8K tons)
- Austria (2.4K tons)
- Italy (2.3K tons)
- Russia (0.1K tons)
Iron and Steel Exports in the Czech Republic
In 2022, after three years of growth, there was significant decline in shipments abroad of iron and steel, when their volume decreased by -54.1% to 40K tons. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. As a result, the exports attained the peak of 86K tons, and then fell significantly in the following year.
In value terms, iron and steel exports contracted markedly to $33M in 2022. Over the period under review, exports, however, saw prominent growth. The growth pace was the most rapid in 2021 with an increase of 119% against the previous year. As a result, the exports attained the peak of $47M, and then shrank rapidly in the following year.
| Export of Iron and Steel in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 11.5 | 12.8 | 38.7 | 22.8 | 25.6% |
| Belgium | N/A | N/A | N/A | 1.5 | 0% |
| Slovakia | 6.4 | 5.1 | 4.0 | 1.4 | -39.7% |
| Germany | 0.3 | 0.6 | 0.7 | 1.3 | 63.0% |
| Spain | 0.8 | 0.8 | N/A | 0.8 | 0.0% |
| Italy | 1.1 | 1.0 | 1.4 | 0.2 | -43.3% |
| Others | 0.5 | 1.1 | 1.9 | 4.5 | 108.0% |
| Total | 20.8 | 21.4 | 46.8 | 32.6 | 16.2% |
Top Export Markets for Iron and Steel from the Czech Republic in 2022:
- Poland (29.0K tons)
- Slovakia (1.8K tons)
- Germany (1.7K tons)
- Belgium (0.9K tons)
- Italy (0.6K tons)
- Spain (0.6K tons)
This report provides an in-depth analysis of the iron and steel market in the Czech Republic. 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:
Country coverage:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
840
This report provides an in-depth analysis of the iron and steel market in the Czech Republic.
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This report provides an in-depth analysis of the iron and steel market in the Czech Republic.
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This report provides an in-depth analysis of the pig iron market in the Czech Republic.
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This report provides an in-depth analysis of the global iron and steel market.
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