Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Slovakia - 2023

Contents:

  1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Slovakia (CIF) - 2022
  2. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Slovakia (FOB) - 2022
  3. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Slovakia
  4. Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Slovakia

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Slovakia (CIF) - 2022

In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $5,933 per ton, remaining constant against the previous year. Overall, the import price showed a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 114%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,061 per ton), while the price for the Czech Republic stood at $2,375 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+22.6%), while the prices for the other major suppliers experienced a decline.

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Slovakia (FOB) - 2022

The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $230 per ton in 2022, with a decrease of -66.1% against the previous year. Overall, the export price, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2017 an increase of 732% against the previous year. The export price peaked at $904 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($1,091 per ton), while the average price for exports to Romania totaled $102 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+17.6%).

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Slovakia

Imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses into Slovakia fell rapidly to 35 tons in 2022, with a decrease of -58.7% on the previous year. In general, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 1,288% against the previous year. As a result, imports reached the peak of 84 tons, and then dropped remarkably in the following year.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses reduced notably to $205K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,038% against the previous year. As a result, imports attained the peak of $494K, and then dropped significantly in the following year.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany33.721.948920281.7%
Czech Republic8.91.22.22.9-31.2%
Others13.9N/A3.1N/A-52.8%
Total56.523.149420553.7%

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Slovakia in 2022:

  1. Germany (33.3 tons)
  2. Czech Republic (1.2 tons)

Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Slovakia

In 2022, overseas shipments of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses were finally on the rise to reach 205 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a dramatic curtailment.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses surged to $47K in 2022. In general, exports, however, saw a significant decline.

Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria0.10.50.328.7559.6%
RomaniaN/AN/AN/A18.20%
Czech Republic33451.40.30.2-91.6%
Hungary58.830.6N/AN/A-48.0%
OthersN/AN/AN/AN/A0%
Total39382.50.647.1-50.7%

Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Slovakia in 2022:

  1. Romania (178.3 tons)
  2. Austria (26.3 tons)
  3. Czech Republic (0.5 tons)

Source: IndexBox Market Intelligence Platform

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