Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in the Czech Republic - 2023

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in the Czech Republic (CIF) - 2023
2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in the Czech Republic (FOB) - 2023
3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in the Czech Republic
4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in the Czech Republic

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in the Czech Republic (CIF) - 2023

The average import price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,379 per ton in December 2023, growing by 2.1% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 7.4% month-to-month. As a result, import price attained the peak level of $1,498 per ton. From May 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($1,743 per ton), while the price for Italy ($1,038 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in the Czech Republic (FOB) - 2023

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,736 per ton in December 2023, flattening at the previous month. Overall, the export price, however, recorded a slight setback. The growth pace was the most rapid in May 2023 an increase of 45% m-o-m. As a result, the export price attained the peak level of $2,232 per ton. From June 2023 to December 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($2,702 per ton), while the average price for exports to Slovakia ($1,391 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in the Czech Republic

In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores imported into the Czech Republic fell to 673K tons, with a decrease of -5.1% against the previous year's figure. Overall, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores skyrocketed to $936M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.3% 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 +77.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 54% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to the Czech Republic in 2022:

1. Germany (162.4K tons)
2. Slovakia (140.0K tons)
3. Austria (92.4K tons)
4. Poland (72.8K tons)
5. Belgium (43.0K tons)
6. Netherlands (28.6K tons)
7. Italy (27.0K tons)
8. France (26.0K tons)
9. Slovenia (23.3K tons)
10. Sweden (22.8K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in the Czech Republic

In 2022, approx. 118K tons of alloy steel flat-rolled products, of a width 600mm or mores were exported from the Czech Republic; surging by 7.4% against 2021 figures. The total export volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 25%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores surged to $214M in 2022. In general, exports recorded buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 64% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from the Czech Republic in 2022:

1. Slovakia (40.8K tons)
2. Poland (27.4K tons)
3. Spain (10.1K tons)
4. Italy (8.7K tons)
5. Germany (7.6K tons)
6. Turkey (4.2K tons)
7. Hungary (4.1K tons)
8. Slovenia (2.2K tons)
9. Mexico (2.1K tons)
10. India (2.1K tons)
11. Romania (2.0K tons)
12. Austria (1.9K tons)
13. Bulgaria (0.7K tons)

Source: IndexBox Market Intelligence Platform