Slovakia - U-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Alloy Steel U-Section Price in Slovakia - 2023
Contents:
- Non-Alloy Steel U-Section Price in Slovakia (CIF) - 2023
- Non-Alloy Steel U-Section Price in Slovakia (FOB) - 2022
- Non-Alloy Steel U-Section Imports in Slovakia
- Non-Alloy Steel U-Section Exports in Slovakia
Non-Alloy Steel U-Section Price in Slovakia (CIF) - 2023
In August 2023, the average non-alloy steel u-section import price amounted to $867 per ton, falling by -2.1% against the previous month. In general, the import price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 16% against the previous month. As a result, import price reached the peak level of $1,175 per ton. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Italy ($1,006 per ton) and Germany ($910 per ton), while the price for Poland ($815 per ton) and Luxembourg ($870 per ton) were amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+23.0%), while the prices for the other major suppliers experienced a decline.
Non-Alloy Steel U-Section Price in Slovakia (FOB) - 2022
The average non-alloy steel u-section export price stood at $1,172 per ton in 2022, with an increase of 39% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel u-section export price increased by +133.4% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Ukraine ($2,328 per ton), while the average price for exports to the Czech Republic ($1,070 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 Ukraine (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Alloy Steel U-Section Imports in Slovakia
For the third consecutive year, Slovakia recorded decline in purchases abroad of u-sections of non-alloy steel, which decreased by -6.1% to 17K tons in 2022. In general, imports showed a noticeable contraction. The smallest decline of -0.3% was in 2020.
In value terms, non-alloy steel u-section imports skyrocketed to $20M in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 58%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Non-Alloy Steel U-Section in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 4.1 | 4.5 | 4.5 | 6.4 | 16.0% |
| Czech Republic | 2.4 | 1.8 | 4.0 | 5.1 | 28.6% |
| Hungary | N/A | 1.3 | 1.9 | 2.4 | 35.9% |
| Germany | 1.7 | 1.5 | 1.7 | 2.0 | 5.6% |
| Luxembourg | N/A | 0.8 | 1.2 | 1.7 | 45.8% |
| Italy | 0.2 | 0.2 | 0.7 | 1.3 | 86.6% |
| Austria | 0.3 | 0.3 | 0.4 | 0.7 | 32.6% |
| Ukraine | 2.5 | 0.3 | 2.5 | 0.2 | -56.9% |
| Others | 0.3 | 0.1 | 0.1 | 0.5 | 18.6% |
| Total | 11.6 | 10.8 | 17.1 | 20.3 | 20.5% |
Top Suppliers of Non-Alloy Steel U-Section to Slovakia in 2022:
- Poland (5.4K tons)
- Czech Republic (4.3K tons)
- Hungary (2.0K tons)
- Germany (1.7K tons)
- Luxembourg (1.5K tons)
- Italy (1.1K tons)
- Austria (0.6K tons)
- Ukraine (0.2K tons)
Non-Alloy Steel U-Section Exports in Slovakia
In 2022, exports of u-sections of non-alloy steel from Slovakia declined notably to 1K tons, reducing by -53.4% on 2021. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 262% against the previous year. As a result, the exports attained the peak of 2.2K tons, and then declined significantly in the following year.
In value terms, non-alloy steel u-section exports reduced dramatically to $1.2M in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 312%. As a result, the exports attained the peak of $1.9M, and then reduced notably in the following year.
| Export of Non-Alloy Steel U-Section in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 296 | 304 | 1,327 | 824 | 40.7% |
| Poland | 17.0 | 0.4 | 179 | 167 | 114.2% |
| Hungary | 36.9 | 54.7 | 298 | 91.2 | 35.2% |
| Germany | 10.4 | 17.1 | 2.9 | 57.5 | 76.8% |
| Ukraine | 18.4 | 12.6 | 3.9 | 40.8 | 30.4% |
| Others | 57.6 | 61.1 | 43.2 | 24.3 | -25.0% |
| Total | 436 | 450 | 1,854 | 1,205 | 40.3% |
Top Export Markets for Non-Alloy Steel U-Section from Slovakia in 2022:
- Czech Republic (770.2 tons)
- Poland (135.4 tons)
- Hungary (60.3 tons)
- Germany (28.3 tons)
- Ukraine (17.5 tons)
This report provides an in-depth analysis of the non-alloy steel u-section 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
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:
- 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
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