Price for Ferrous Waste and Scrap; of Stainless Steel in Slovakia - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Stainless Steel in Slovakia (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Stainless Steel in Slovakia (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Stainless Steel in Slovakia
- Imports of Ferrous Waste and Scrap; of Stainless Steel in Slovakia
Price for Ferrous Waste and Scrap; of Stainless Steel in Slovakia (FOB) - 2022
The average export price for ferrous waste and scrap; of stainless steels stood at $1,525 per ton in 2022, picking up by 9% against the previous year. Over the period under review, the export price posted temperate growth. The growth pace was the most rapid in 2021 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 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 the Czech Republic ($1,876 per ton), while the average price for exports to Hungary ($599 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 Belgium (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Stainless Steel in Slovakia (CIF) - 2022
The average import price for ferrous waste and scrap; of stainless steels stood at $1,087 per ton in 2022, with an increase of 7.1% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 89%. The import price peaked at $2,017 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,963 per ton), while the price for Poland ($613 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+25.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ferrous Waste and Scrap; of Stainless Steel in Slovakia
Exports of ferrous waste and scrap; of stainless steels from Slovakia expanded sharply to 17K tons in 2022, with an increase of 7.8% against the previous year. Overall, exports, however, recorded a relatively flat trend pattern.
In value terms, exports of ferrous waste and scrap; of stainless steels soared to $26M in 2022. Over the period under review, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Ferrous Waste and Scrap; of Stainless Steel in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.9 | 6.3 | 10.5 | 11.5 | 13.3% |
| Czech Republic | 4.6 | 4.8 | 6.7 | 5.7 | 7.4% |
| Poland | 1.1 | 0.7 | 2.2 | 4.5 | 59.9% |
| Belgium | N/A | 0.5 | 1.5 | 2.0 | 100.0% |
| Austria | 0.6 | 0.3 | 0.2 | 1.1 | 22.4% |
| Italy | 0.3 | N/A | N/A | 0.7 | 32.6% |
| Hungary | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Others | 0.8 | 0.8 | 0.5 | N/A | -20.9% |
| Total | 15.3 | 13.3 | 21.9 | 25.7 | 18.9% |
Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from Slovakia in 2022:
- Germany (7.3K tons)
- Czech Republic (3.0K tons)
- Poland (2.8K tons)
- Belgium (2.1K tons)
- Austria (0.7K tons)
- Italy (0.5K tons)
- Hungary (0.5K tons)
Imports of Ferrous Waste and Scrap; of Stainless Steel in Slovakia
For the fourth year in a row, Slovakia recorded growth in purchases abroad of ferrous waste and scrap; of stainless steels, which increased by 65% to 2.9K tons in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 88% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of stainless steels surged to $3.2M in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 110%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Ferrous Waste and Scrap; of Stainless Steel in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 258 | 239 | 630 | 1,237 | 68.6% |
| Germany | 6.8 | 322 | 500 | 566 | 336.6% |
| Romania | N/A | 11.9 | 136 | 467 | 526.4% |
| Hungary | 261 | 71.2 | 175 | 467 | 21.4% |
| Austria | 36.9 | 119 | 138 | 216 | 80.2% |
| Croatia | N/A | N/A | 72.7 | 82.8 | 13.9% |
| Poland | 5.6 | 3.3 | 150 | 56.2 | 115.7% |
| Others | 93.2 | 92.7 | N/A | 101 | 2.7% |
| Total | 661 | 859 | 1,803 | 3,193 | 69.0% |
Top Suppliers of Ferrous Waste and Scrap; of Stainless Steel to Slovakia in 2022:
- Czech Republic (1362.6 tons)
- Hungary (586.3 tons)
- Austria (319.8 tons)
- Romania (235.0 tons)
- Germany (191.2 tons)
- Poland (91.8 tons)
- Croatia (89.4 tons)
423
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Slovakia.
679
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
423
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Slovakia.
679
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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